Closing Officer- Multifamily Conventional

Newmark

Irvine (CA)

On-site

USD 90,000 - 110,000

Full time

9 days ago
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Benefits offered by this job

Health insurance
Vision insurance
Dental insurance
Paid time off
401(k) with employer matching

Job summary

Newmark Group, Inc. in Irvine, CA is seeking a Closing Officer to coordinate and execute loan closing activities for commercial GSE transactions.

You will review documents, prepare wire requests, liaise with counsel, title, lenders and borrowers, and ensure timely delivery of closing packages with accuracy and adherence to investor requirements. The ideal candidate has 1–3 years of closing experience, strong analytical and communication skills, proficiency in Microsoft Office, and a proactive,

Qualifications

  • 1-3 years of commercial GSE closing experience
  • Thoroughly familiar with escrow/real estate terminology and real estate documents
  • Ability to navigate through various loan structures and non-standard documentation
  • Strong analytical, research and written/verbal communication skills
  • Ability to organize and prioritize multiple tasks under minimal supervision

Responsibilities

  • Review loan documents prior to closing to confirm terms align with loan committee and rate lock conditions
  • Prepare closing tasks including wire requests and internal forms
  • Coordinate with title/escrow, counsel and lenders for closing requirements
  • Assist Closing Officer with coordination of closing documentation
  • Partner with underwriting to ensure delivery documents are timely
  • Identify incoming funds for rate lock deposits and assist in wiring to parties
  • Manage insurance review and internal waiver processes
  • Serve as back-up for generating final reports and saving to Servicing folder
  • Communicate issues and provide guidance across departments

Skills

Analytical skills
Written/verbal communication
Organizational skills
Independent judgment
Team player

Education

High School diploma or equivalent
Real Estate Finance and Escrow I course or equivalent

Tools

Microsoft Office

Job description

Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leading commercial real estate advisor and service provider to large institutional investors and other owners, global corporations and other occupiers, and lenders. Built with purpose and driven by excellence, Newmark’s comprehensive platform is uniquely tailored to provide superior outcomes to clients. For the twelve months ended June 30, 2026, Newmark generated revenues of more than $3.6 billion. As of June 30, 2026, Newmark and its business partners together operated from over 195 offices with more than 10,000 professionals across four continents. Learn more at nmrk.com or follow @newmark.

Essential Duties and Responsibilities
Closing:
  • Review loan documents prior to closing to confirm they meet the terms of the loan that were approved at loan committee and the terms of the rate lock and confirm any modifications are consistent with what the Investor approved
  • Prepare all closing required tasks, including wire requests and required internal forms
  • Coordinate with title/escrow company, legal counsel and warehouse lender regarding wiring instructions, escrow instructions and requirements for closing the loan
  • Assist Closing Officer with coordination of closing documentation including review of due diligence received
  • Partner with underwriting to insure all closing and delivery documents are received in a timely manner
  • Request and review internal analysis of escrows to be collected through closing
  • Identify incoming funds for rate lock deposits and assist in the preparation sending of wires to investors, third party vendors, outside counsel, title company, borrower, etc.
  • Manage insurance review and internal insurance waiver processes
  • Partner with Insurance Consultants to understand and review insurance against investor requirements
  • Serve as back-up to Closing Assistant for generating final reports and save to the Servicing folder

We are seeking a Closing Officer with a minimum 1-3 years of commercial GSE Loan Closing experience.

  • Responsible for working towards independently coordinating and conducting a review of loan closing due diligence items (i.e. organizational documents, management agreement, title commitment and title exceptions, laundry leases, commercial tenant leases, evidence of insurance, various third-party reports, etc.)
  • Provide all closing due diligence items to outside counsel for review in a timely manner and work closely with them to ensure all rate lock and closing conditions are satisfactorily met in a timely manner.
  • Coordinate a review of borrower comments to loan documents with outside counsel, recommend appropriate responses through credit risk analysis based on professional experience, knowledge and outside counsel recommendations.
  • Represent Newmark to outside parties including borrower, investor and counsel during loan document modification negotiations and/or conference calls.
  • Reconcile all income and expenses to confirm the loan is balanced prior to closing.
  • Review Loan Commitments and provide comments to ensure accuracy and completeness related to specific terms and conditions of the loan structure.
  • Responsible for managing the insurance review process. Work with Insurance Consultants and understand, review insurance against investor requirements. Responsible for shepherding the internal insurance waiver process.
  • Communicate with and provide detailed guidance to other departments within Newmark with regard to complicated/out of the box transactions.
  • Responsible for managing closing process with internal and external parties to ensure timely closing and sale to investors.
  • Clearly and immediately communicate problems/issues with a closing or deal and elevate appropriately
  • Provide back-up assistance to Team Leader, if applicable, Closing Manager and Delivery Team.
  • Assist with special projects to improve the process and experience of our clients and business partners.
Skills, Education and Experience:
  • High School diploma or equivalent
  • Successful completion of Real Estate Finance and Escrow I course or equivalent
  • 1-3 years of commercial GSE closing experience
  • Thoroughly familiar with escrow/real estate terminology and real estate documents
  • Ability to navigate through various types of loan structures, non-standard documentation and other potential risk associated with the transaction.
  • Highly developed analytical, research and written/verbal communication skills
  • Ability to problem-solve and exercise independent judgment while displaying a high degree of initiative and accuracy.
  • Demonstrate ability to organize and prioritize projects; complete multiple tasks on schedule.
  • Ability to work productively under minimal supervision.
  • Must be proficient in Microsoft Office.
  • Strong work ethic and pro-active team player, able to work effectively under sometimes stressful conditions
  • Ability to travel a minimum of 10%
Salary Range Language:

The expected base salary for this position ranges from $90,000 to $110,000 annually. The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package (including health, vision, and dental insurance, paid time off and a 401(k) retirement plan with employer matching), this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).

Working Conditions:

Normal working conditions with the absence of disagreeable elements.

Note:

The statements herein are intended to describe the general nature and level of work being performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.

Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.

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