1000+ Best associate attorney Jobs in New York, New York (May 2026) - page 16

Loan Closing Associate

26 days ago

New York

Job Description Amalgamated Bank seeks a Loan Closing Associate who is responsible for all aspects of the closing process while reviewing loan documentation and due diligence items to provide critical feedback to appropriate parties. This role is an essential liaison between the Relationship Managers, Credit Risk Management, Closing attorneys and the Loan Servicing Group. The role is responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types. By joining our team, you’ll be joining a Bank that believes that maintaining a diverse and inclusive workplace where everyone feels valued and respected is essential for us to grow as a company. We are dedicated to building a more equitable world in our everyday practices by embracing the values of our employees and customers. Essential Job Functions: • Manages the entire loan closing process and ensures new loans, extensions and modifications are closed as outlined in the credit approval., • Works with the Relationship Manager to ensure policy, legal, compliance and regulatory matters necessary for closing are addressed early in the process., • Administers several deals at a time all in different stages, multiple states, and ranges of complexity., • Reviews the Term Sheet and incoming good faith deposit then engages the appropriate closing attorney to represent the bank., • Compares the Approval Document to the draft loan documentation and provides recommendations to the RM and closing attorney regarding any discrepancies prior to documents being released to client as well as reviews all subsequent changes., • Ensures customer negotiated loan document items, when appropriate are vetted through Credit Risk Management and approvals are obtained and saved., • Organizes the SharePoint file ensuring all items are present and in the correct sub folders., • Responsible for maintaining the Deal Checklist and having regular meetings with the RM and closing attorney to collaborate on the status of remaining items, timing of transactions, and prioritizing the workload., • Reviews that all required third-party reports and due diligence items are received (Appraisal, Environmental, Property Condition, Insurance, Zoning, Flood, Survey, Title, Rent Roll, etc.)., • Communicate undertaking and escrow requirements for repairs or deliverables from third-party report findings to the closing attorney for inclusion in loan documentation. Ensure appropriate Credit Risk Management approvals are obtained and saved., • Confirms with the Account Executive group that KYC and CIP are complete and required accounts are open. At closing directs the required deposits and after closing obtains confirmation that the appropriate holds have been placed., • Prepares the Fee Schedule tabulating all invoices and selecting the appropriate interest rate and calculating short interest. Requests amortization schedules, tax escrow and insurance escrow figures to be forwarded for closing., • Populates the Booking Approval Memo and ACH form., • Works closely with the loan servicing group to make sure they have what is needed in the SharePoint folder before funding and confirming timing expectations can be met., • Ensures the Closing Calendar is updated regularly in real-time as updates occur., • Reviews the Disbursement Letter with settlement statement and coordinates the wire release for funding., • Communicates with the closing attorney to ensure the loan closing and settlement has been completed., • Proactively resolves post-closing issues and/or documentation deficiencies with the closing attorney and RM if necessary., • Cross-trains other Closing Associates., • High school diploma or equivalent. Bachelor’s degree preferred, • Minimum of 3 years of experience in a financial institution with a focus on Commercial Lending., • Experience in an automated loan origination environment preferred., • Exceptional time management and organizational skills evidenced in previous assignments., • Demonstrates an understanding of applicable bank policies and procedures as they pertain to the satisfaction of loan closing conditions., • Exceptional knowledge of commercial lending and loans., • Thorough understanding of all Commercial loan products., • Thorough knowledge of Commercial Lending Credit Policy/Guidelines., • Thorough knowledge of loan documentation and collateral evaluation, • Strong verbal and written communication skills., • Strong negotiation skills., • Ability to appropriately escalate issues requiring problem solving and decision making. Amalgamated Bank is an Equal Opportunity and Affirmative Action Employer, Minorities / Females / Individuals with Disability / Veterans. AmeriCorps, Peace Corps and other national service alumni are encouraged to apply. View our Pay Transparency Statement. Submission of a resume or any information regarding your qualifications does not constitute a promise or offer of employment. At Amalgamated Bank, we consider an applicant to be someone who has interviewed at least once, in person, with the hiring manager. Amalgamated Bank does not sponsor applicants for work visas. Hybrid Work Model Effective February 18, 2025, employees in office-based positions will be working a Hybrid work schedule consisting of three days or more, on-site per week, Monday - Thursday, although the specific days may vary by site or organization, with Friday designated as a remote-working day, unless business critical tasks require an on-site presence. This Hybrid work model does not apply to, and daily in-person attendance is required for, the contact center, branch service roles, and general services where the work to be performed is located at a Company site; positions covered by a collective-bargaining agreement (unless the agreement provides for hybrid work); or any other position for which the Company has determined the job requirements cannot be reasonably met working remotely. Please note, this Hybrid work model guidance does not apply to roles that have been designated as “remote”. Search Firm Representatives- Please Read Carefully Amalgamated Bank does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for the position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.

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