Entry Level Loan Document Review Specialist (Commercial Real Estate)
Overview:
Join a dynamic team responsible for servicing a high-profile portfolio of New York City area commercial real estate (CRE) loans. This role is the central hub for loan boarding and servicing, ensuring smooth transitions from loan origination through the entire lifecycle – including payments, renewals, modifications, syndication coordination, and more. You’ll be part of a one-stop shop for all post-closing activities, collaborating with internal teams and external banking partners to manage complex CRE and syndication transactions. This is a great opportunity for someone early in their career with a strong attention to detail and interest in real estate finance.
Key Responsibilities:
Loan Boarding & Setup: Receive and review closing documents for new loans, syndications, modifications, and renewals. Accurately input and validate loan data in internal systems and databases.
Lifecycle Loan Servicing: Manage ongoing servicing activities including refinances, and ensures accurate processing of adjustable interest rates.
Syndication Coordination: Communicate with participating institutions and investment banking teams to reconcile fees, collect documents, and prepare wire templates for syndication transactions. Handle both participation sold and bought scenarios.
Document Management & Compliance: Ensure receipt and proper filing of credit and legal documents. Follow up with closing attorneys for missing or recorded documents. Safeguard negotiable instruments such as Co-op stock certificates.
Reporting & Quality Control: Maintain daily new loan reports and provide production updates to management. Perform quality control checks on own work and peer-reviewed data.
Audit & Regulatory Support: Participate in HMDA and SOX audits, and assist with loan transfers and property appraisal updates. Adhere to company risk and regulatory standards.
Education and Experience Required:
A combined minimum of 2 years’ higher education and/or work experience
Education and Experience Preferred:
Early Career Professionals Welcome: Recent college graduates with internship experience or exposure to accounting, finance, or real estate are encouraged to apply.
Document Familiarity: Experience working with loan documents or title companies is a plus. CRE-specific knowledge is not required – we’ll train you!
Detail-Oriented & Organized: Ability to manage multiple transactions and deadlines with precision.
Tech-Savvy: Comfortable using spreadsheets, word processing tools, and email platforms.
Working Model/Office Location:
This is a hybrid position currently requiring two days in office per week.
Eligible candidates must live within reasonable commuting distance to 250 Park Avenue, New York, NY 10177.
Required Availability:
Monday-Friday, 8:30am-5:30pm
Location
New York, New York, United States of AmericaAverage salary estimate
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