Role Description
The Closing Coordinator role provides operational support and coordination for loan modifications within CPC’s community stabilization portfolio. This position oversees modification intake, tracking, document coordination, and post-closing quality control to ensure all modification requests are accurately documented, compliant with FDIC and internal requirements, and processed in a timely manner. The Closing Coordinator works closely with Servicing, Asset Management, Legal, Borrowers, and external partners to support efficient portfolio management and maintain high data quality across all systems.
-
Manage intake, tracking, and coordination of loan modification requests, ensuring completeness, eligibility, and compliance with internal policies, investor requirements, and regulatory standards.
-
Prepare, assemble, and coordinate modification documentation—including amendments, extensions, rate changes, covenant updates, and collateral adjustments through internal review, approval, and execution.
-
Serve as the primary point of contact for modification-related coordination across Asset Management, Servicing, Legal, Credit, Finance, borrowers, and third-party partners.
-
Oversee the execution, receipt, recording, and filing of modification documents, ensuring accuracy of loan terms, fees, escrow requirements, and repayment schedules.
-
Perform post-closing quality control, including verification of document accuracy, servicing system updates, billing setup, and resolution of post-closing discrepancies.
-
Monitor timelines and proactively manage deadlines to support timely completion of modification requests.
-
Identify process gaps or risks and collaborate with internal stakeholders to improve workflows, controls, and data quality.
-
Support portfolio management efforts by ensuring accurate, reliable modification data across systems and reporting platforms.
-
Maintain organized electronic records and support audits, examinations, and internal reviews in accordance with documentation retention and control standards.
Qualifications
-
Bachelor’s degree in business, Finance, Real Estate, or a related field; equivalent experience considered.
-
3–5+ years of experience in loan closing, servicing, asset management, or commercial real estate finance.
-
Strong understanding of loan documents, commercial real estate terminology, workout/modification structures.
-
Ability to interpret, analyze, and succinctly summarize legal and financial documents.
-
Exceptional attention to detail with the ability to manage multiple time-sensitive priorities in a fast-paced environment.
-
Strong analytical, problem-solving, organizational, and project-management skills.
-
Excellent communication skills with a customer-service mindset and responsive follow-through; effective working with cross-functional teams.
-
Proficiency with loan servicing or banking systems and strong MS Office skills (Outlook, Excel, Word); working knowledge of escrow, tax, insurance, and covenant compliance processes.
Requirements
-
This is a remote role available in Missouri, Kansas, and Texas. Periodic travel to our Manhattan or Chappaqua, NY office may be required.
-
The salary range is $70,000 – $80,000, dependent on experience.
-
Applicants must be authorized to work in the United States. The Community Preservation Corporation does not provide employment sponsorship of any kind.
-
Candidates are responsible for ensuring they meet all minimum qualifications for the position at the time of application.
Benefits
-
The Community Preservation Corporation is an Equal Opportunity Employer, and all employment-related decisions including recruitment, selection, evaluation, promotion, compensation, training and termination are made without regard to race, creed, color, national origin, sex, disability, marital status, status as a veteran, sexual orientation or gender identity, or any other protected status.