HSBC Recruitment – Assistant Vice President

Job Description:

The AVP Commercial Loan Closer handles the documentation and closing needs of a diverse, sophisticated portfolio of commercial real estate loans. Reviews and understands loan terms and financial components; identifies potential problems and solutions. Engages and advises attorneys to prepare loan documents in accordance with policy and credit standards. Negotiates legal, policy and procedural components of loan documents. Mitigates documentation and operational risks, including serving as a screening process for issues impacting servicing of transaction. Confirms all loans are closed in compliance with Company procedures and relevant regulations. Coordinates closing activities with all parties involved, including loan funding and booking calculations ensuring all fees and expenses are accurate and documented.

Job Responsibilities:

• Coordinate closing activities with external/internal attorneys, relationship managers, borrower and borrower’s counsel
• Serve as a knowledge resource and subject matter authority for CRE on complex transaction and corporate structure
• The position must be able to manage multiple parties and their expectations as well as handle a minimum of ten transactions at any given time
• The position leads the closing of the transaction with little to no intervention from the manager
• The position develops and presents solutions for approval to credit, the business or servicing as needed
• Engage, lead and direct external counsel to prepare loan documents in accordance with credit approvals, policy and credit standards
• Negotiate legal, policy and procedural components of loan documents in order to decrease risk

Job Requirements:

• Strong communications, analytical, decision-making, organizational, follow-up and customer service skills
• Ability to make decisions or scope solutions independently leveraging attorneys, business partners and other resources to provide efficient and appropriate solutions to issues as they arise
• Ability to evaluate, assess and mitigate risk inherent to closing process as well as ensuring adherence to banking regulations and policies and procedures while recognizing the unique, individualized nature of each commercial real estate transaction, particularly syndications
• Attention to detail and ability to evaluate particular situations and work independently to develop a solution critical
• Paralegal certificate or Bachelor’s degree in business, related field or equivalent experience
• Minimum of eight years proven and progressive commercial loan closing experience with a bank or other financial institution, including experience closing commercial syndicated, construction or portfolio loans as well as experience with secondary market, conduit or CMBS product or equivalent

Job Details:

Company: HSBC

Vacancy Type:  Full Time

Job Location: Buffalo, NY, US

Application Deadline: N/A

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