Job Classification:

What you will do

• Interfaces with internal and external parties including loan originator underwriter mortgage broker borrower attorney title company security broker dealer lender counsel government employees servicing and asset management personnel.
• Manages and communicates transaction timeline to internal and external partners to verify all appropriate deadlines are being met.
• Performs pre and postclosing functions including managing closing checklist to ensure that closing counsel has received all required documents to close the loan. Performs review of draft loan documents prior to initial closing to verify accuracy of terms in documents prior to initial closing and delivery.
• Responsible for reviewing and entering loan closing data for securitization and delivery to investors.
• Transmits loan and pool information to servicing asset management accounting and investor reporting departments.
• Transmits closing information to escrow agents and reviews Settlement Statements. Works directly with escrow agent to complete final disbursement procedures.
• Prepares loan commitments and manages the rate lock process.
• Works with servicing and asset management staff to resolve issues and improve processes.
• Updates internal systems to ensure that appropriate internal reporting data reflects current information for the transaction.
• Keeps management and other parties informed of potential problems or delays and makes recommendations.

What you will bring

• Prior closing experience a minimum of 4 or more years of FNMA and FMAC experience required.
• Knowledge of all FNMA and FMAC Loan Programs Mortgage Loan Documents Closing Requirements and applicable Servicing Requirements.
• Excellent written and verbal communication skills.
• Strong organizational skills with the ability to multitask and work independently in a time sensitive environment where meeting established deadlines are critical.
• Ability to understand and interpret legal contracts.
• Strong interpersonal/customer service skills essential with the ability to create/build and maintain relationships with internal and external parties.
• Proficient in MS Office applications such as Excel Access Word and PowerPoint.
• Selfmotivated and detail oriented.
• Ability to travel as needed.
• Ability to learn to close other Capital Sources including FHA and PGIMs Bridge Loan Products.

PGIM welcomes all applicants even if you dont meet every requirement. If your skills align with the role we encourage you to apply.

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $100000 to $125000. Specific pricing for the role may vary within the above range based on many factors including geographic location candidate experience and skills.

About PGIM Real Estate

With $207.9 billion in gross assets under management and administration $133.8 billion net)1 PGIM Real Estate provides investors and borrowers access to a range of real estate equity real estate debt agriculture and impact solutions across the riskreturn spectrum.

PGIM Real Estate is a business of PGIM the global asset management business of Prudential Financial Inc. NYSE: PRU. PGIM Real Estates risk management approach capabilities and industry insights are backed by a 50year legacy of investing in commercial real estate a 140year history of real estate financing2 and the local experience of professionals in 32 cities globally. Through its investment financing asset management and talent management approach PGIM Real Estate engages in practices that strive to ignite positive environmental and social impact while pursuing activities that seek to strengthen communities around the world. For more information visit pgimrealestate.

What we offer you:

• Market competitive base salaries with a yearly bonus potential at every level.