ABOUT THE ROLE
The Senior Asset Management & Loan Closing Associate supports Asset Management functions and the loan closing process for commercial real estate of affordable housing loans. This dual-role position ensures the integrity of transactions from commitment through disbursement and throughout the life of the loan. This position ensures that all documentation is accurate, complete, and compliant with internal policies and regulatory requirements. The Asset Management & Loan Closing Associate plays a critical role in coordinating with internal departments, borrowers, legal counsel, title companies, and other stakeholders to ensure timely and successful loan closings.
MAJOR DUTIES & RESPONSIBILITIES
- Coordinate all aspects of loan closings from commitment through funding
- Schedule and facilitate closings with borrowers, underwriters, attorneys, and title
- Manage communications with borrowers, title, and internal teams
- Track and collect due diligence items (title, insurance, survey, etc.)
- Maintain and manage closing checklists, calendars, and escrow instructions
- Initiate UCC filings and coordinate with title companies
- Maintain digital loan files and update Salesforce
- Upload executed documents and follow up on outstanding items
- Flag borrower-specific compliance issues and support draw coordination
- Perform initial compliance checks (e.g., insurance, title review)
- Coordinate with outside counsel for draft requests and track legal invoices
- Monitor the status of closing-related deliverables and flag issues
- Prepare/review template closing documents (draft settlement statements, funding instructions)
- Ensure legal and internal compliance before disbursement
- Collaborate with post-closing teams for transition and trailing documents
- Support audits by pulling files and responding to document requests
- Provide customer service to internal and external stakeholders
Asset Management Support
- Support post-closing borrower onboarding including compliance calendars, file uploads, and key covenants.
- Assist with ongoing monitoring including review of compliance certificates, financial reports, and borrower performance.
- Help maintain asset management trackers, risk rating updates, and site visit preparation.
- Coordinate with internal teams to flag underperforming loans or missing compliance items.
- Assist with the preparation of asset management memos, watchlist summaries, or risk-related presentations.
- Input updated borrower performance data and compliance items into Salesforce and the shared drive.
- Collaborate with the Director on special projects related to portfolio performance and reporting.
QUALIFICATIONS
Education:Associate’s or Bachelor’s degree in Business Administration, Finance, Real Estate, or related field preferred.
Experience:
- 2–5 years of experience in loan closing, preferably in commercial, real estate, or CDFI lending.
- Familiarity with different loan products (e.g., construction, permanent, revolving, or gap financing).
- Experience with loan monitoring, borrower compliance, or asset management is strongly preferred.
Skills:
- Strong attention to detail and organizational skills.
- Proficient in Microsoft Office (Word, Excel, Outlook) and loan origination systems.
- Ability to manage multiple transactions and deadlines.
- Excellent verbal and written communication skills.
- Knowledge of legal and regulatory documentation (e.g., promissory notes, security agreements, title policies).
- Ability to interpret borrower financials, compliance documents, and track key covenant deliverables.
Preferred Qualifications:
- Experience working with CDFIs, nonprofit lenders, or mission-driven organizations.
- Familiarity with affordable housing, small business lending, or community development finance.
- Experience with Salesforce, risk rating systems, or borrower compliance tracking is a plus.
LOCATION
HPN is a remote company. Employees may work from anywhere in the contiguous 48 states while staying fully engaged with their team and the broader company through virtual collaboration tools and regular online meetings. Occasional travel is required for in-person meetings, conferences, or team-building events to foster strong relationships and ensure alignment with key initiatives. The ideal candidate should be prepared to work from their home, have a dedicated office, and be comfortable balancing virtual communication with the ability to travel as needed for business purposes.
COMPENSATION
Salary: $84,800-$95,400 Commensurate with education and experience with a bonus potential.
BENEFITS:
15 vacation days, 12 sick days, 12 paid holidays, paid personal day, medical, dental and vision insurance, health savings account, flexible spending account, dependent care flexible spending account, retirement, and savings plan/401(k) match, group life insurance, short- and long-term disability, parental leave, sabbatical leave, professional development and much more!
TO APPLY:
Please submit a resume and a thoughtful cover letter detailing your interest in this opportunity and your relevant skills and expertise here.
ABOUT THE HOUSING PARTNERSHIP NETWORK
Housing Partnership Network (HPN) is an award-winning membership network of 100 of the nation’s leading affordable housing and community development nonprofits. Through practitioner-driven peer exchange, policy and innovation, the Housing Partnership Network’s mission is to leverage the individual strengths and mobilize the collective power of our member organizations to bring innovative solutions to America’s affordable housing and community development sectors. We do this through practitioner-driven peer exchange to deliver creative housing policy, programs, and financing to our network members. Our vision is that all people live in vibrant, inclusive, healthy communities where access to safe, affordable, and sustainable homes creates opportunity, wealth building, and economic mobility.
Since our founding in 1992, HPN has collectively served over 12.8 million people; developed, rehabilitated, or preserved about 470,000 affordable homes; and launched 14 successful social enterprises. Our work has been recognized with honors including the MacArthur Award for Creative & Effective Institutions and Wells Fargo NEXT Award for Opportunity Finance for its ongoing leadership and innovation in affordable housing and community development. HPN represents a new breed of entrepreneurial nonprofit that combines a mission focus with business acumen to achieve ambitious social outcomes. The hallmark of HPN’s member‐driven approach is:
- Peer Exchange among the senior leaders of HPN member organizations who share knowledge and ideas to advance best practices in the field.
- Policy and Advocacy to strengthen the impact, scale, and sustainability of the sector.
- Innovation R&D is borne from ideas surfaced through peer exchange which HPN staff explore and test.
- Social Enterprises that HPN and members develop together are launched to address current affordable housing and community development challenges and advance innovative solutions.
Learn more at www.housingpartnership.net.
OUR COMMITMENT TO EQUAL OPPORTUNITY
HPN is committed to creating a diverse and equitable environment and is proud to be an equal opportunity employer. HPN recruits, employs, trains, compensates, and promotes regardless of race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, veteran status and other protected status.
