10 days old

Pre-Closer I

New York Community Bank
Hicksville, NY 11801
  • Job Code
  • High School diploma or equivalent.
  • Bachelor's degree preferred, however, equivalent work experience may substitute for degree.
  • Minimum of one (1) year of related experience.


  • Working knowledge of real estate documentation and terminology.
  • Computer literate with proficiency in Microsoft Word, Excel and Outlook.
  • Detail oriented with good customer service, organizational and communication skills.
  • Ability to meet deadlines and work well under pressure.

Based in Westbury, NY, New York Community Bank is a New York State-chartered savings bank serving customers throughout Metro New York, New Jersey, Ohio, Arizona and Florida. New York Community Bank serves customers through over 200 branches featuring a divisional structure: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank and Atlantic Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio; and AmTrust Bank in Florida and Arizona. With a longstanding reputation of strength, stability and service, NYCB is proud to be committed to the communities it serves.

To learn more about the NYCB Family of Banks visit us at www.MyNYCB.com .

Help recruit top talent for NYCB through the employee referral program. All NYCB employees are encouraged to submit referrals. Locate top talent right in the community where you live, work and play. Amazing individuals are all around be sure to let them know how they can become a part of the NYCB family.

NYCB is an equal opportunity employer that prohibits discrimination on the basis of race, color, age, sex, national origin, ethnicity, religion, marital status, disability, military status, veteran status, domestic violence victim status, gender identity or expression, sexual orientation, genetic information and any other classification protected by applicable federal, state, or local law or ordinance.

This policy against discrimination applies to all terms and conditions of employment including, but not limited to: recruitment and selection, promotion and demotion, transfer, training and development, compensation, benefits, leaves of absence and termination. NYCB will consider reasonable accommodations for employees and applicants with disabilities, as well as accommodations that are necessary for an employee to practice their religious faith. JOB SUMMARY

A Pre-Closer I is responsible for performing an encompassing review of loan applications in anticipation for closing various types of income producing properties and construction loans. This includes necessary due diligence and ensuring all requirements for the application have been met and are in conformance with the Bank's Commercial Credit Policy and associated procedures.


  • Performs preliminary pre-closing due diligence review of multifamily, commercial real estate loans, construction loans and extensions with minimal supervision.
  • Performs pre-closing reviews including the following:
  • Review applications for accuracy and completeness.
  • Ensure appropriate authorization of approvals and modifications.
  • Ensure compliance with federal regulations and NYCB Policies and Procedures.
  • Summarize loan terms including borrower organizational structure, fees paid, calculate fees due the Bank and identify outstanding requirements within the pre-closing review forms.
  • Identify and analyze discrepancies and/or errors, research and aid in the resolution of issues that arise in connection with review of loan files to ensure the loan can close timely, report to supervisor as needed.
  • Interact with broker, Bank counsel, and various Bank staff and supervisory Pre-Closing and Closing personnel to resolve open items and closing conditions.
    • Coordinates the opening of required depositary relationship accounts with other departments including operating accounts, MMAs in lieu, escrows, capital expenditures, debt service reserves, interest reserves, and payment reserves.
    • Prepares Relationship Summary Form detailing (a) various aspects of the borrower's organization structure and (b) any guarantors.
    • Communicates with external sources, including Bank counsel, to relay final loan terms, outstanding documents necessary to close and organizational structure.
    • Conducts a thorough review of the loan application in order to prepare and ultimately approve a Pre-closing Checklist.

    • Performs special projects, and additional duties and responsibilities as required.
    • Where applicable and when performing the responsibilities of the job, employees are accountable to maintain Sarbanes-Oxley compliance and adhere to internal control policies and procedures.

    Posted: 2021-10-08 Expires: 2021-11-06
    Sponsored by:
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    Pre-Closer I

    New York Community Bank
    Hicksville, NY 11801

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