CRE Loan Closer

Who we are

Cross River is a highly profitable fast-growing financial technology company recognized for the third year in a row by CB Insights as one of the 250 best global fintechs. Our comprehensive suite of innovative products powers financial solutions with a strong focus on regulatory compliance for our partners and their millions of consumers around the world.

We are on a mission to build the infrastructure that propels access, inclusion and the democratization of financial services. While our company has tripled in size over the last three years, our strong sense of purpose led Cross River to be named to American Banker’s list of Best Places to Work in Fintech for the last 4 consecutive years. The reason for this success is simple --- our nimble, adaptive, and collaborative family culture lives in every member of our growing team. Together we are at the forefront of technology and innovation in financial services and we invite collaborative and motivated high performers to join our rapidly expanding team.

What we’re looking for

We are looking for a Loan Closer to join our Commercial Real Estate (“CRE”) team at Cross River. This role will serve as an integral part of the CRE Underwriting and Processing team, supporting the team with sourcing, originating, and servicing its portfolio of multi-family, retail, and mixed-use commercial real estate loans. 

Responsibilities:

• Provide origination and execution support for the CRE team to ensure CRE loans close properly and smoothly
• Work with various members of the deal team, including underwriters, counsel, brokers, and borrowers to prepare documents for closing
• Perform a detailed review of the loan file and confirm all loans conditions have been met, ensuring compliance with internal policies and all regulations and governmental guidelines
• Order due diligence reports and searches and manage third party engagements
• Initiate loan funding activity and ensure loan is booked in accordance with underwriting approval
• Responsible for the quality, completeness, and accuracy of the loan files for boarding by Loan Servicing and assist Loan Servicing with any ongoing servicing-related matters
• Proactively identify and resolve risk management and client service issues
• Assist with various levels of internal and external reporting requirements
• Assist with department-wide projects and initiatives, as required by management
• Perform other duties as assigned

Minimum Qualifications:

• 1-2 years of relevant proven commercial lending experience
• Strong analytical, organizational, and verbal and written communications skills
• Ability to prioritize multiple projects and complete them on time
• Comfortable interacting with all levels of personnel
• Excel, Word, PowerPoint proficiency required

Preferred Qualifications:

• Knowledge of Bank policies, procedures and banking regulations

Education:

• Bachelor’s degree in Finance, Accounting, Economics, or a related field preferred

Cross River is an Equal Opportunity Employer. Cross River does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.

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