Closing Officer- Multifamily Conventional

Job Description

Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended December 31, 2025, Newmark generated revenues of over $3.3 billion. As of December 31, 2025, Newmark and its business partners together operated from approximately 175 offices with over 9,300 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.

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We are seeking a Closing Officer with a minimum 1-3 years of commercial GSE Loan Closing experience.

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Essential Duties and Responsibilities

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Closing:

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• Review loan documents prior to closing to confirm they meet the terms of the loan that were approved at loan committee and the terms of the rate lock and confirm any modifications are consistent with what the Investor approved
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• Prepare all closing required tasks, including wire requests and required internal forms
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• Coordinate with title/escrow company, legal counsel and warehouse lender regarding wiring instructions, escrow instructions and requirements for closing the loan
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• Assist Closing Officer with coordination of closing documentation including review of due diligence received
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• Partner with underwriting to insure all closing and delivery documents are received in a timely manner
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• Request and review internal analysis of escrows to be collected through closing
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• Identify incoming funds for rate lock deposits and assist in the preparation sending of wires to investors, third party vendors, outside counsel, title company, borrower, etc.
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• Manage insurance review and internal insurance waiver processes
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• Partner with Insurance Consultants to understand and review insurance against investor requirements
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• Serve as back-up to Closing Assistant for generating final reports and save to the Servicing folder
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Essential Job Duties:

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• Responsible for working towards independently coordinating and conducting a review of loan closing due diligence items (i.e. organizational documents, management agreement, title commitment and title exceptions, laundry leases, commercial tenant leases, evidence of insurance, various third-party reports, etc.)
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• Provide all closing due diligence items to outside counsel for review in a timely manner and work closely with them to ensure all rate lock and closing conditions are satisfactorily met in a timely manner.
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• Coordinate a review of borrower comments to loan documents with outside counsel, recommend appropriate responses through credit risk analysis based on professional experience, knowledge and outside counsel recommendations.
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• Represent Newmark to outside parties including borrower, investor and counsel during loan document modification negotiations and/or conference calls.
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• Reconcile all income and expenses to confirm the loan is balanced prior to closing.
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• Review Loan Commitments and provide comments to ensure accuracy and completeness related to specific terms and conditions of the loan structure.
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• Responsible for managing the insurance review process. Work with Insurance Consultants and understand, review insurance against investor requirements. Responsible for shepherding the internal insurance waiver process.
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• Communicate with and provide detailed guidance to other departments within Newmark with regard to complicated/out of the box transactions.
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• Responsible for managing closing process with internal and external parties to ensure timely closing and sale to investors.
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• Clearly and immediately communicate problems/issues with a closing or deal and elevate appropriately.
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• Provide back-up assistance to Team Leader, if applicable, Closing Manager and Delivery Team.
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• Assist with special projects to improve the process and experience of our clients and business partners.
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Skills, Education and Experience:

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• High School diploma or equivalent
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• B.A. /B.S. degree preferred
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• Successful completion of Real Estate Finance and Escrow I course or equivalent
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• 1-3 years of commercial GSE closing experience
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• Thoroughly familiar with escrow/real estate terminology and real estate documents
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• Ability to navigate through various types of loan structures, non-standard documentation and other potential risk associated with the transaction.
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• Highly developed analytical, research and written/verbal communication skills
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• Ability to problem-solve and exercise independent judgment while displaying a high degree of initiative and accuracy.
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• Demonstrate ability to organize and prioritize projects; complete multiple tasks on schedule.
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• Ability to work productively under minimal supervision.
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• Must be proficient in Microsoft Office.
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• Strong work ethic and pro-active team player, able to work effectively under sometimes stressful conditions
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• Ability to travel a minimum of 10%
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