Closing Processor - Analyst Freddie Mac

Company: Jones Lang LaSalle Incorporated
Location: Houston
Posted on: November 13, 2024

Job Description:

JLL empowers you to shape a brighter way. Our people at JLL and JLL Technologies are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people and empowering them to thrive, grow meaningful careers and to find a place where they belong. Whether you've got deep experience in commercial real estate, skilled trades or technology, or you're looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward. 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.Location:On-site - Houston, TXIf this job description resonates with you, we encourage you to apply, even if you don't meet all the requirements. We're interested in getting to know you and what you bring to the table!Personalized benefits that support personal well-being and growth:JLL recognizes the impact that the workplace can have on your wellness, so we offer a supportive culture and comprehensive benefits package that prioritizes mental, physical and emotional health. Some of these benefits may include:
        • 401(k) plan with matching company contributions
        • Comprehensive Medical, Dental & Vision Care
        • Paid parental leave at 100% of salary
        • Paid Time Off and Company Holidays JLL Privacy Notice Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Generally, the personal information we collect from you is for the purposes of processing in connection with JLL's recruitment process. We endeavor to keep your personal information secure with an appropriate level of security and keep it for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely.This position may require you to be fully vaccinated against COVID-19. If required, you'll be asked to provide proof that you're fully vaccinated upon your start date. You're considered fully vaccinated two weeks after you receive the second dose of a two-dose vaccine series (e.g., Pfizer or Moderna) or two weeks after a single-dose vaccine (e.g., Johnson & Johnson/Janssen). Failure to provide proof of vaccination may result in termination.Jones Lang LaSalle ("JLL") is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process - including the online application and/or overall selection process - you may contact us at Accommodation Requests. This email is only to request an accommodation. Please direct any other general recruiting inquiries to our Contact Us page.Accepting applications on an ongoing basis until candidate identified.
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