Genworth

Loan Closer Analyst

Posted on: 6 Dec 2021

Stamford, CT

Job Description

YOUR ROLE
The Loan Closer Analyst, Commercial Real Estate position is an integral part of the Real Estate Investment Team and will report directly to the firm’s Director of Servicing and Closing. As a member of the Loan Closing team, this individual will handle the closing of commercial real estate loans for Genworth’s $6B+ loan portfolio and will assist in a variety of other functions to oversee the portfolio into the future.

YOUR RESPONSIBILITIES
• Manage commercial real estate loans from application through closing
• Work with outside counsel to review loan documents for consistency with the loan application and consult with both internal and external counsel as necessary
• Interact with loan originators, underwriters, outside counsel and our network of mortgage bankers to gather and complete transaction closing requirements
• Work with third party vendors to coordinate the ordering and finalizing of environmental, property condition, zoning, property insurance, title insurance, survey and seismic reports
• Review Phase I and Property Condition Reports and prepare recommendations for the loan origination and risk teams
• Confirm delivery of all original loan documents after closing
• Assist the risk and origination teams with loan monitoring, preparation of forbearance and letter agreements and modifications
• Participate in Real Estate and Investment Department cross-functional projects as needed
• Interact with Legal, Accounting, Portfolio Managers, Finance and Treasury Departments, and understand key links within organization relative to role

YOUR QUALIFICATIONS
• Bachelor’s degree
• Minimum of 3-5 years of experience in commercial real estate loan closing
• Strong analytical and problem-solving abilities
• Strong organization skills
• Excellent verbal and written communication skills
• Ability to effectively manage relationships with outside vendors, counsel, mortgage bankers and borrowers
• Ability to function independently, work on multiple deals in a timely and efficient manner

ADDITIONAL QUALIFICATIONS
• Experience at an insurance company, lending institution or law firm

WHY GENWORTH?
• We have a real impact on the lives of the people we serve
• We work on challenging and rewarding projects
• We give back to the communities where we live
• We offer competitive benefits including:
o Medical, Dental, Vision, Flexible Spending Account options beginning your first day
o Unlimited Choice Time Off
o 12 Paid Holidays
o 40 hours of volunteer time off
o 401K Account with matching contributions
o Tuition Reimbursement and Student Loan Repayment
o Paid Family Leave
o Child Care Subsidy Program
o Fitness & Wellness Reimbursement Program

Genworth

Richmond, VA

Genworth Financial, Inc. provides insurance and homeownership solutions in the United States and internationally. It operates through five segments: U.S. Mortgage Insurance, Canada Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, and Runoff. The U.S. Mortgage Insurance segment offers mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans. The Canada Mortgage Insurance segment provides flow mortgage insurance; and bulk mortgage insurance that aid in the sale of mortgages to the capital markets, as well as helps lenders manage capital and risk in Canada.

The Australia Mortgage Insurance segment offers flow mortgage insurance and bulk mortgage insurance that aids in the sale of mortgages to the capital markets and helps lenders manage capital and risk. The U.S. Life Insurance segment offers long-term care insurance products and fixed annuity products in the United States. The Runoff segment covers non-strategic products, which primarily include variable annuity, variable life insurance, institutional, corporate-owned life insurance, and accident and health insurance products.

This segment’s institutional products include funding agreements and funding agreements backing notes. The company distributes its products and services primarily through appointed independent producers and employer groups. Genworth Financial, Inc. was founded in 1871 and is headquartered in Richmond, Virginia.