Post- Production Transactions Closing Associate

Company Overview

LUMENT, the combined company of RED Capital Group, Lancaster Pollard and Hunt Real Estate Capital, provides comprehensive capital solutions for multifamily, affordable, seniors and health care real estate through its affiliated companies. LUMENT provides its clients, which include both tax-exempt and for-profit organizations, private equity backed firms, REITs, investors, and lenders, with a full suite of financing and strategic solutions. This includes mortgage banking, a variety of direct balance sheet lending options, private equity, investment banking and mergers and acquisitions.

Purpose and Job Summary

The Transaction Closing Associate I will assist with facilitating and processing the closing of post-closing Fannie Mae and Freddie Mac multifamily transaction requests within LUMENT. Specifically, the candidate's primary responsibility is to: 1) be proficient with the pre-closing requirements for loan assumptions and transfers of interest requests; 2) own and manage the closing and post-closing responsibilities associated with assumption and transfer of interest transactions; 3) manage the front-end portion of the transactions independently, relaying appropriate information in a timely manner. This role can be located in Dallas, Kansas City, Columbus or Remote and will report directly to the Associate Director of the Transactions Closing team.

Essential Duties & Responsibilities
• Successfully performs all Analyst required functions
• Closes most assumptions and all transfers of interest unassisted
• Follows up on all steps of the transaction processes with all parties internally and externally independently
• Has a full working knowledge of all assigned deals and manages workload successfully
• Volunteers and delivers on special projects
• Suggests updates to the processes and procedures to effectuate further efficiencies
• Anticipates and acts on future needs of the client and deal team
• Proficiently navigates the PSA/SSAs, Purchase and Sale Agreements, Agency Loan documents
• Ability to use multiple systems across multiple platforms
• Works professionally and harmoniously with team members and coworkers across other Lument teams
• Minimal Travel Required
• Other projects and duties as assigned

Contacts

This position has frequent contact with all levels of employees and management. In addition, this role may interact with outside business partners, vendors, consultants, and other office visitors.

Education, Skills & Experience

Required
• Bachelor's Degree
• 1 - 3 years of experience
• 1+ year of experience in Commercial Real Estate industry required
• Moderate knowledge and understanding of Commercial Real Estate core business functions and the life of a loan
• Strong organizational and analytical skills; ability to manage multiple assignments and transactions simultaneously
• Creative and effective problem-solving skills; takes initiative when solving problems and completing tasks
• Ability to effectively communicate to multiple audiences and levels, both internal and external
• Consistently exhibits strong behaviors that align with the Loan Servicing and Asset Management core values and mission
• Invested in self-growth as it relates to the role specific and industry knowledge
• Moderate knowledge of Agency requirements (pertaining to transactions), systems and required applications
• Moderate understanding of most loan documents
• Positive team-first attitude by embracing evolution of department
• Proficiency in Microsoft Office and some of the other systems as noted below in the preferred section are a plus
• Excellent organizational, communication, presentation, and interpersonal skills
• Ability to plan, organize, and prioritize assignments, and to meet critical and established deadlines; Ability to manage multiple assignments and transactions simultaneously
• Demonstrate ability to maintain confidentiality and to use discretion in the performance of daily activities
• Professional business image and excellent command of the English language, both verbally and in writing (spelling, grammar, and punctuation)
• Ability to learn quickly and demonstrate ability to work independently and as part of a high-performance team
• Flexibility and ability to work under pressure with tight deadlines and constant interruptions; Ability to adjust priorities in a changing environment

Preferred
• 1+ year of CRE Experience
• Proficient knowledge of relevant Servicing System application modules (McCracken - Strategy), Asset Management platform (RAMP/Polaris), Document Management System (Midas/Lument Docs), pertinent Agency systems, WorkIT, PowerBI

Life at ORIX

We are committed to the health and well-being of our employees and offer a quality, competitive benefits package that provides valuable healthcare and financial protection for our workforce, while emphasizing a healthy work/life balance.

You Time

We want you to have the time needed to recharge and manage life with our competitive vacation policy, floating personal holidays, extensive leave options, our annual observed holidays, and more.

Family Care

Every family has a different journey and ORIX USA Group is proud to offer extensive benefit programs such as: infertility coverage, adoption support, child and elder care, fully paid maternity, and generous parental leave benefits to help you and your families along the way.

Flexible Work Arrangements

ORIX associates enjoy the advantages of our hybrid working model with a 3 day in-office minimum requirement.

ORIX USA is an equal opportunity employer, providing equal employment opportunities (EEO), and is committed to diversifying its workforce. All employees and applicants for employment will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law. This policy applies to all terms and conditions of employment.

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