What are the responsibilities and job description for the Closing Coordinator position at Berkadia Services India Private Limited?
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New
Closing Coordinator
Ambler, Pennsylvania, United States
Are you looking for an opportunity to bring your unique skills and experiences to a leading commercial loan servicer?
Join Berkadia's loan servicing platform and learn from the best of the best at the largest U.S. non-bank commercial mortgage servicer in the industry. We provide the personal and professional development opportunities you need to impact the commercial real estate industry, build a career that takes the long view, and reach your full potential. Be Your Best Self. Be Berkadia.
The Closing Coordinator – Servicing is responsible for coordinating and overseeing the resolution of both closing and pre-closing issues across various departments such as client relations, legal, underwriting, and servicing. This role involves close collaboration with the Servicing Loan Administration team to ensure precise documentation and recording of loan modifications, closing dates, and amounts. The coordinator plays a critical role in streamlining communication and processes to enhance service delivery and accuracy in loan servicing.
We are committed to growing your career, so in this role you will:
Berkadia, as an equal opportunity employer, celebrates our employees’ unique differences, which we believe drives personal and company-wide innovation and creates a people-first culture where your career can take the long view. To achieve these goals, we are committed to the full inclusion of all qualified individuals, without regard to race, religion, age, color, national origin, gender, sexual orientation, gender identity or expression, marital status, domestic partner status, military and veteran status, disability, pregnancy, parental status, genetic information, political affiliation, or any other status protected by federal, state and local laws.
In keeping with our commitment, Berkadia takes the necessary steps to provide a workplace free from harassment and discrimination, as well as access and reasonable accommodations for individuals with disabilities. If you require reasonable accommodation to take part in the interview process, please contact talentacquisition@berkadia.com.
You have rights under Federal and State employment laws. No question in this Application is intended to elicit information in violation of any such law, nor will any information obtained in response to any question be used in violation of any such law. If you apply for this role, you are acknowledging Berkadia's Application Policy and Berkadia's Privacy Policy. Please click the following links for more information about: EEOC, Employee Rights under the FMLA, EPPA.
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Voluntary Self-ID Questions
Completion of this form is voluntary and if you don’t wish to answer any question, please check the “I don't wish to answer” response after any such question. Please note that your responses to these questions will not affect your opportunity for employment or any of the terms or conditions of your employment. We are asking these questions for informational and reporting purposes only. This form will be kept separate from all other application records, and while we may include your responses, together with responses from others, in an aggregated and/or anonymized format, your specific responses will only be accessed by those working for the Human Resources Department at Berkadia. Moreover, none of the information, as disclosed below, will be used for any purpose throughout the application, interview or hiring processes.
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Do you have a disability – a physical or mental impairment or medical condition that substantially limits a major life activity? A disability includes if you have, have a record of, or are regarded as having a substantial, unlike minor, impairment.*
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By checking this box, I consent to Berkadia collecting, storing, and processing my responses to the demographic data surveys above.*
New
Closing Coordinator
Ambler, Pennsylvania, United States
Are you looking for an opportunity to bring your unique skills and experiences to a leading commercial loan servicer?
Join Berkadia's loan servicing platform and learn from the best of the best at the largest U.S. non-bank commercial mortgage servicer in the industry. We provide the personal and professional development opportunities you need to impact the commercial real estate industry, build a career that takes the long view, and reach your full potential. Be Your Best Self. Be Berkadia.
The Closing Coordinator – Servicing is responsible for coordinating and overseeing the resolution of both closing and pre-closing issues across various departments such as client relations, legal, underwriting, and servicing. This role involves close collaboration with the Servicing Loan Administration team to ensure precise documentation and recording of loan modifications, closing dates, and amounts. The coordinator plays a critical role in streamlining communication and processes to enhance service delivery and accuracy in loan servicing.
We are committed to growing your career, so in this role you will:
- Update all relevant loan information screens and fields with new borrower details or loan modifications in the McCracken system. Complete necessary forms for loan deposits, apply fees for Special Requests, and ensure all invoices related to the loan are paid. Compile the Year-to-Date Assumption Tracking Report for year-end analysis.
- Engage legal counsel and review all draft loan documents, making necessary amendments. Ensure the accuracy of loan documents, including proper signature blocks, and review title and survey issues to facilitate resolution. Coordinate insurance reviews and resolve any arising issues.
- Research, calculate, and verify escrow information. Confirm that all business terms and legal points from the Application, Credit Memorandum, and Approvals are accurately reflected in the final Loan Documents. Ensure all conditions outlined in the Application, Credit Memorandum, and Approvals are met prior to closing. Work with legal counsel and the title company to ensure the settlement sheet is accurate and documents are properly recorded.
- Compile and forward original documents to the Trustee and for Imaging. Develop a tickler spreadsheet to track significant loan events, assisting Client Relations. Support the Portfolio Manager in gathering information/documentation for assumptions and transfers. Update the Special Requests tracking system and manage other necessary external/internal portals.
- Facilitate the delivery of documents and information with GSEs, Investors, Servicers, and other relevant external parties.
- Handle Special Requests as needed, including Partial Releases, Easements, Condemnations, SNDA’s, and Lease Reviews.
- Other duties as assigned.
- Proven track record in managing loan servicing processes, including closing, post-closing, and handling special requests.
- Skilled in using loan management systems like McCracken or similar platforms to update loan information and track compliance.
- Ability to identify and resolve issues in loan documentation and processing efficiently.
- Capable of effectively collaborating with internal teams, external partners, and legal counsel to ensure smooth loan processing and compliance.
- High school diploma or GED
- 0-3 years of experience in a similar position
- Monthly paid volunteer hours and donation matching to benefit our communities
- Employee Resource Groups that help you grow with us
- Fertility and family planning services
- Up to 12-weeks of fully paid parental leave
- Mental health care, including free counseling sessions:
- We'll help you fund your learning journey with generous tuition reimbursement
- Pet insurance discounts
- And more!
Berkadia, as an equal opportunity employer, celebrates our employees’ unique differences, which we believe drives personal and company-wide innovation and creates a people-first culture where your career can take the long view. To achieve these goals, we are committed to the full inclusion of all qualified individuals, without regard to race, religion, age, color, national origin, gender, sexual orientation, gender identity or expression, marital status, domestic partner status, military and veteran status, disability, pregnancy, parental status, genetic information, political affiliation, or any other status protected by federal, state and local laws.
In keeping with our commitment, Berkadia takes the necessary steps to provide a workplace free from harassment and discrimination, as well as access and reasonable accommodations for individuals with disabilities. If you require reasonable accommodation to take part in the interview process, please contact talentacquisition@berkadia.com.
You have rights under Federal and State employment laws. No question in this Application is intended to elicit information in violation of any such law, nor will any information obtained in response to any question be used in violation of any such law. If you apply for this role, you are acknowledging Berkadia's Application Policy and Berkadia's Privacy Policy. Please click the following links for more information about: EEOC, Employee Rights under the FMLA, EPPA.
Apply for this job
indicates a required field
First Name*
Last Name*
Email*
Phone*
Location (City)*
Resume/CV*
Attach
Enter manually
Accepted file types: pdf, doc, docx, txt, rtf
Do you have a preferred name or nick name?
Street Address *
Apartment # or Unit
City*
State
Select...
Zipcode*
Desired Salary Range
Select...
Are you at least 18 years of age?*
Select...
Have you, in the past, been employed by Berkadia or any other Berkadia entity? *
Select...
Have you signed any agreement with any prior or existing employer which includes any restrictions on your ability to compete and non-solicit; to contact customers, clients or employees; or to use and/or disclose business, client or customer information? if you answered "Yes," please provide "Berkadia" with a copy of the agreement so that "Berkadia" can consider whether and to what extent the agreement may preclude and/or restrict your employment with us, if an offer is extended.*
Select...
Will you now, or in the future, require sponsorship to work in the United States?*
Select...
Are you a current Berkadia employee? *
Select...
If you were referred to this position by a current Berkadia employee please type their name below.
How did you hear about this job? *
Select...
Voluntary Self-ID Questions
Completion of this form is voluntary and if you don’t wish to answer any question, please check the “I don't wish to answer” response after any such question. Please note that your responses to these questions will not affect your opportunity for employment or any of the terms or conditions of your employment. We are asking these questions for informational and reporting purposes only. This form will be kept separate from all other application records, and while we may include your responses, together with responses from others, in an aggregated and/or anonymized format, your specific responses will only be accessed by those working for the Human Resources Department at Berkadia. Moreover, none of the information, as disclosed below, will be used for any purpose throughout the application, interview or hiring processes.
How do you describe yourself?*
Select...
How would you describe your racial/ethnic background?*
Select...
Are you a veteran or active member of the United States Armed Forces?*
Select...
Do you have a disability – a physical or mental impairment or medical condition that substantially limits a major life activity? A disability includes if you have, have a record of, or are regarded as having a substantial, unlike minor, impairment.*
Select...
By checking this box, I consent to Berkadia collecting, storing, and processing my responses to the demographic data surveys above.*
