$109K – $181KSeniorFull Time
The hired associate must reside within 35 miles of the following location(s):
Columbus: One Nationwide Plaza, Columbus OH, 43215
Work schedule: 3 days in office, 2 days remote with flexibility to be in office 4 days.
This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.
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Job Description Summary
Nationwide’s vision is to be the most trusted, most caring and most customer-focused protection company. We exist to protect people, businesses, and futures with extraordinary care. The Nationwide Investments team manages approximately $130 billion and strives to combine client focus, investment discipline and teamwork to deliver superior results.Job Description
Key Responsibilities:
Responsible for the closing process of new loans and modification loans for the commercial mortgage loan portfolio including coordinating the workflow among the closing staff.
Coordinates functions between the borrower, correspondent, counsel, and REI staff to get the loan funded or modified by the targeted date.
Determine proper documentation and review loan documents for accuracy prior to closing to assure that they are in agreement with the application.
Reviews leases, estoppels, insurance, third party reports, etc, to make sure that the terms/provisions of the documents are acceptable to Nationwide.
Participate on calls, in meetings and through emails in connection with the closing of each assigned loan.
Make appropriate updates to databases in a timely manner for the new loan or reflect the changes of the modified loan.
Finalize all documentation within a reasonable period of time after closing.
Evaluate the work of the correspondent’s closing staff and provide feedback.
Oversees improvements to processes, checklists, and procedures.
Assists Due Diligence with the audit process of servicers within targeted dates including providing proper review and documentation.
Manages the process for updating the standard loan documents and works closely with internal counsel.
Subject matter expert for the REI and assists with loan application & complex loan document negotiations, complex loan due diligence items, and insurance reviews.
Manages the network of regional counsel and third-party vendors including the selection process and ongoing review of each.
Trains new closing staff members and assists with due diligence & origination.
Assist in the testing process for the annual upgrade of the mortgage loan system.
May perform other duties as assigned from leadership with REI and or OOI.
Reporting Relationships: Asset Class Senior Investment Professional (Head of Closing and Due Diligence) or Head of Originations
Typical Skills and Experiences:
Education: Bachelor’s degree; paralegal experience preferred
Experience: 10 or more years of related experience.
Knowledge, Abilities and Skills:
Advanced knowledge of the various loan documents related to commercial real estate and the purpose of those documents.
Solid understanding of basic mathematical calculations, including NOI, DSC, & LTV.
Very high degree of accuracy and attention to detail.
Solid interpersonal and negotiation skills are necessary for working with borrowers/partners and internal/external clients.
Must be a self-starter, proactive, and an ability to learn on the fly.
Possess computer skills including Microsoft Word, Excel, Power Point, and other software as needed.
Diligent organizational and record keeping skills are needed for successful portfolio management and process tracking.
Must be a proficient writer, independent and strategic thinker, self-driven, extremely proactive and demonstrate a high business acumen.
Other criteria, including leadership skills, competencies and experiences may take precedence.
Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.
Values: Regularly and consistently demonstrates the Nationwide Values.
Job Conditions:
Overtime Eligibility: Not Eligible (Exempt)
Working Conditions: Normal office environment. Some travel may be required.
ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.
Credit Check: Due to the fiduciary accountabilities within this job, a valid credit check and/or background check will be required as part of the selection process.
Benefits
We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.
Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.
NOTE TO EMPLOYMENT AGENCIES:
We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.
Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.The national salary range for Senior Investment Professional : $109,000.00-$181,000.00The expected starting salary range for Senior Investment Professional : $109,000.00-$181,000.00
