GSE Closing Analyst

Department Overview

The Closing team plays a vital role in delivering a seamless borrower experience and ensuring successful transaction execution from Application to investor delivery.  Closing serves as the central point of coordination across internal teams, external stakeholders, counsel, and capital sources to manage timelines, resolve issues, and maintain transaction momentum.  As transaction timelines evolve, Closing is responsible for proactively managing the execution process to help ensure closing deadlines and delivery requirements are met.

The Impact You Will Have

Provide closing support to the Closing Officers with a particular emphasis on data management, due diligence review, and document preparation.  Close assumptions, supplementals and vanilla agency loans under the supervision of a senior closing officer.  Support Delivery Management.

Primary Responsibilities

• Manage receipt and review of due diligence items and ensure all necessary participants receive copies. 

• Track rate lock and closing special conditions.  

• Assist with drafting commitments.

• Calculate interest only payments / generate amortization schedules.

• Prepare rate lock confirmations.

• Prepare C&D commitments and submissions on Fannie Mae deals.

• Upload required Freddie Mac documentation.

• Prepare escrow analyses for tax and insurance escrows.

• Prepare reconciliation of application fee and third-party costs.

• Generate closing documents for review by Closing Officer and prepare accounting packages and bank packages for funding.

• Prepare Kyriba entries and submit for 1st level approval.

• Ensure that data in Salesforce is complete and accurate throughout the process.

• Set up Servicing Deliverables folder within 48 hours of closing.  Follow up with counsel if documents are not received by required deadline.

• Generate Enterprise! within required timelines.

• Prepare Funding Express submissions on Fannie Mae deals and provide necessary information and back-up support to Delivery Management.

• Review C&D and the final 4662 before submission of the loan for securitization to ensure accuracy and consistency.

• Track and follow up on post-closing requests from Fannie Mae and Freddie Mac.

• Back up the closing analyst responsible for the preparation of income notices /bank communication related to funds to be received / Salesforce updates on ASAP and Freddie purchases / Freddie Mac weekly exception report / management of the fireproof safe log / management of original POAs from Fannie Mae.

• Perform other duties as assigned.

• Attendance is generally required from 8:30 am – 5:30 pm local time, Tuesday through Thursday, with the option to work remotely on Mondays and Fridays.

Education and Experience

• Bachelor’s degree from an accredited four (4) year college or equivalent experience.

• 1+ years of experience in the corporate workforce preferred.

Knowledge, Skills and Abilities

• Ability to work as a part of a team, while providing a strong individual contribution.

• Strong time management and organizational skills. 

• Strong written and oral communication skills.

• Excellent judgment and dependability, including the ability to meet deadlines.

• Demonstrate working knowledge of Microsoft Word, Excel, and Outlook. 

• Ability to show ownership of your work, take on challenges and acknowledge growth opportunities, and demonstrate patience when learning new processes.

• Courtesy, respect, and thoughtfulness in teaming with colleagues and other stakeholders.

This position has an estimated base salary of $55,000-$60,000 plus discretionary bonus. An employment offer is based on the applicant’s relevant work experience, applicable knowledge, skills, abilities, internal equity, and alignment with market data. 

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