Sr. Commercial Real Estate Loan Closer - Remote

Symetra has an exciting opportunity to join our team as a Sr. Commercial Real Estate Loan Closer!

About the role

In this position, you will be responsible for managing the coordination, documentation, and closing of commercial real estate loan investments throughout the US that meet the company’s documentation and due diligence standards. You will achieve this by actively managing the timely receipt and analysis of due diligence items to identify exceptions, analyze risk of exceptions and employ a resolution or elevate as necessary. Additionally, you are responsible for the selection and preparation of the standard loan documents to accurately reflect the terms of the transaction.  This is a remote role with required travel to our Bellevue, Washington office for in-person events a few times per year.

Our Commercial Mortgage Loans team is part of Symetra Investment Management (SIM) which was established in 2019 and is a subsidiary of Symetra who is a wholly owned subsidiary of Sumitomo Life of Japan. SIM enables Sumitomo to invest in the U.S. markets and to expand in-house asset management capabilities. SIM is also an SEC-registered investment advisor providing third party investment management to institutional clients.

What you will do

• Effectively communicate requirements and actively track the timely receipt of outstanding due diligence items and coordinate resolution of issues as needed to meet closing timelines.


• Review title insurance commitments and exceptions to assure the loan is in first lien position and not subject to hidden defects or monetary encumbrances that may impact the security for the loan.


• Complete standard escrow instructions containing the permitted exceptions and required endorsements. Review survey if applicable.


• Prepare and distribute tenant estoppel certificates and SNDA's if applicable. Review signed estoppels upon receipt to rental income used in to underwrite the loan to identify any exceptions and elevate for analysis as appropriate.


• Review borrower formation documentation to ascertain the appropriate powers and designated parties permitted to execute documents on behalf of the entity. Select and prepare standard loan documentation to properly incorporate the approved terms and requirements of the loan.


• Review property and liability insurance and coordination corrections as needed.


• Execute funding process including the finalization and transmittal of final loan documents, calculation of funding wire, communication with escrow, system inputs, file organization, verification of document execution and wiring procedures.

Why work at Symetra

“If you want to invest in yourself and build a career, this is a great place to work. If you don't want to put in the effort to learn the industry and become a student of the business (it takes real effort!), there are easier places to work.” Cris H. - AVP Internal Sales, Training and Development 

“Symetra is inclusive of all employees regardless of their personal differences.” Darrell J. - Actuary III 

“Symetra values learning. Symetra has so many resources - whether that is the Student of the Business courses, sponsorship of professional certifications, or just individual employees being so willing to teach and answer questions.” Felicia D. - Financial Reporting Lead Senior Analyst 

What we offer you

We don’t take a “one-size-fits-all” approach when it comes to our employees. Our programs are designed to make your life better both at work and at home.

• Flexible full-time or hybrid telecommuting arrangements


• Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%


• Paid time away including vacation and sick time, flex days and ten paid holidays


• Give back to your community and double your impact through our company matching


• Want more details? Check out our Symetra Benefits Overview

Compensation

Salary Range: $77,600 – $129,400  plus eligibility for annual bonus programs

Who you are

• 5+ years in real estate or equivalent industry experience.


• 5+ years in closing commercial real estate loans.


• 2-year degree or equivalent experience with a financial institution, legal or title company.


• Real estate finance, title company, or legal background.


• Proficient in Microsoft Word, Excel and Outlook.


• Dedicated to customer service, diversity, equality, and inclusion.


• Motivated and a collaborative team player.


• with real property rights, title issues, financing, and entity structure terms.


• Strong oral and written skills. Enable positive one-on-one interaction and effective communication of expectations and actions.


• Possess problem-solving skills and the ability to work independently and meet deadlines.


• Attention to detail and accuracy when performing verification of due diligence items, and document drafting.


• The ability to organize and establish priorities while managing multiple transactions at a time.


• High school diploma required.


• This is a remote role with required travel to the Bellevue office for in-person events a few times per year. 

We empower inclusion

At Symetra, we aspire to be the most inclusive insurance company in the country. We’re building a place where every employee feels valued, respected, and has opportunities to contribute. Inclusion is about recognizing our assumptions, considering multiple perspectives, and removing barriers.

We accept and celebrate diverse experiences, identities, and perspectives, because lifting each other up fuels thought and builds a stronger, more innovative company. We invite you to learn more about our efforts Here.

Creating a world where more people have access to financial freedom

Symetra is a national financial services company dedicated to helping people achieve their financial goals and feel confident about the future. In our daily work, we’re guided by the principles of Value, Transparency and Sustainability. This means we provide products and services people need at a competitive price, we communicate clearly and openly so people understand what they’re buying, and we design products—and operate our company—to stand the test of time. We’re committed to showing up for our communities, lifting up our employees, and standing up for diversity, equity and inclusion (DEI). Join our team and help us create a world where more people have access to financial freedom.

For more information about our careers visit: https://symetra.eightfold.ai/careers

Work Authorization

Employer work visa sponsorship and support are not provided for this role. Applicants must be currently authorized to work in the United States at hire and must maintain authorization to work in the United States throughout their employment with our company.

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