Closing Processor - Analyst Freddie Mac
 JLL | |
 United States, Texas, Houston | |
 Nov 15, 2024 | |
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Job SummaryThis position will be primarily responsible for reviewing loan submissions to ensure accuracy and compliance with Freddie Mac Guidelines while assisting transaction managers in the closing process of deals.
Main Responsibilities Ensure the quality and integrity of internal underwriting decisions and processes. Review loan submission material including but not limited to, financials, real estate schedules, property information and Freddie Mac forms, to ensure accuracy and completeness. Oversee third party vendor ordering, tracking, and reviewing of reports inclusive of zoning, survey, property condition, appraisal, environmental, and engineering reports to ensure accuracy and completeness. Interact with JLL Producers, Analyst, & Production Coordinators as well as JLL Clients on significant loan process matters, frequently requiring coordination across JLL &Freddie Mac organizational lines. Check all due diligence items received from borrowers to ensure that they meet Freddie Mac's requirements. This includes final verification that JLL analysts have properly uploaded data to Freddie Mac. This position will support the JLL Freddie Mac Senior Managing Director, Sr. Analyst, Transaction Managers and Closing Team through the entirety of the Freddie Mac loan package submission, JLL Loan Closing, and Freddie Mac Loan Purchase process. Executes credit checks on deal parties to ensure compliance to Bank, Agency and Federal regulations and guidelines. Track deal deposits and vendor payments while preparing reconciliation spreadsheets of all deposits and other closing costs in order to fund the loan at closing. Review organizational charts and run searches on borrower principals to include Google searches, Compliance searches and specific search on Freddie Mac system. Run and review crime on all properties and report findings to Transaction Managers. Be an expert on Freddie Mac's forms and commitments to include both populating and/ or proofing for JLL Analysts. Serving the Lender, Borrower and JLL producers and analysts by answering questions about the Freddie Mac Process and helping resolve issues that come up during the process. Reviewing property inspections and lease audits for accuracy and completeness. Experience Required 1+ years of experience in commercial real estate and/or finance is a plus. Compliance experience in Freddie Mac or other commercial real estate loans is a plus. Must have excellent communication, organizational, grammatical and time- management skills. Must have an ability to be an independent worker with a team player attitude. Must be detailed, able to multitask and effectively prioritize work requests. Must be able to follow instructions and have follow- up skills. Must be able to work in a fast- paced, team- oriented environment. Education Bachelor's Degree or comparable experience. Computer Skills Intermediate knowledge of Outlook, Word, Excel, PowerPoint Must be able to learn new systems/software easily. | |