Commercial Real Estate Loan Closing Associate
OakNorthNew York, NY
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Job Description
At OakNorth, we’re on a mission to empower the UK’s most ambitious businesses. Since 2015, we’ve lent over $21bn across the UK and US, helped create more than 58,000 new homes and 36,000 jobs, and supported hundreds of thousands of personal savers — all while operating in one of the most highly regulated environments in financial services.
We are looking for a Commercial Real Estate Loan Closing Associate to join our US Legal & Transaction Management team, supporting the execution and ongoing management of lending transactions. This role will suit someone with prior loan closing or paralegal experience in commercial real estate finance, who is eager to further develop their skills across a variety of deal types, including commercial & industrial (C&I), and structured products such as participations, co-lends and note-on-note financings.
You’ll work alongside senior lawyers and transaction managers, contributing directly to the execution of deals while building strong technical and commercial expertise.
What You’ll Do
- Support transaction execution by preparing, reviewing, and managing legal documentation (amendment letters, waiver requests, security documents, signature pages, etc.).
- Support due diligence processes, including insurance reviews, lease assessments, zoning report reviews, and other diligence as needed.
- Review term sheets, credit papers and draft loan documents for alignment of deal terms.
- Manage deal lists while maintaining status on all outstanding diligence needed to clear a loan for closing.
- Liaise with internal teams (Credit, Portfolio Management, Operations, Customer Due Diligence) to ensure smooth deal handovers.
- Conduct legal research, summarise findings, and support senior team members on complex matters.
- Coordinate execution processes, including managing e-signature and wet-signing logistics.
- Use digital tools (including AI-enabled platforms) to streamline document review and transaction management.
What We’re Looking For
- Prior commercial real estate leveraged or structured finance loan closing or paralegal experience in banking and finance law.
- Working knowledge of commercial real estate (CRE), commercial & industrial (C&I), and structured finance transactions (including note-on-note financings).
- Good drafting ability and comfort reviewing complex legal and regulatory documents.
- Strong organisational and project management skills, with meticulous attention to detail.
- Strong communication skills and ability to work across teams and geographies.
- Proactive, adaptable, and eager to learn, with a strong sense of ownership.
- Proficiency in Microsoft Office; familiarity with digital/AI tools a plus.
At OakNorth, you’ll gain hands-on experience in legal and transaction management at the heart of a growing international bank. This role provides direct involvement in complex, high-value transactions and the opportunity to deepen your expertise across CRE, C&I, and structured finance while working closely with senior legal and banking professionals.
We pride ourselves on empowering our people, encouraging professional growth, and creating an environment where everyone can thrive.
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FAQs About Commercial Real Estate Loan Closing Associate Jobs at OakNorth
What is the work location for this position at OakNorth?
This job at OakNorth is located in New York, NY, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at OakNorth?
Employer has not shared pay details for this role.
What employment applies to this position at OakNorth?
The employer has not provided this information. This may be discussed during the hiring process.
What is the process to apply for this position at OakNorth?
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