Closing Associate Jobs in Alhambra, CA (NOW HIRING)

Process Ownership & Coordination

• Run the closing process from start to finish once a term sheet is signed, serving as the central process driver across all workstreams.
• Draft and continuously maintain the due diligence checklist as the operational tracker for ownership, status, notes, and document location.
• Send the kickoff email package and process instructions to the sponsor/borrower team, including data room access and upload conventions.
• Facilitate the weekly checklist call and produce internal weekly "Closing Notes" covering top blockers, decisions needed, and critical path actions.

Diligence & Third-Party Management

• Launch and track third party engagements, including insurance, construction (PCA), environmental, appraisal, zoning, tax, and specialty reports, with scope, reliance language, and delivery dates.
• Reviewing the deliverables provided by the third parties in concert with the origination team to identify risks and ensure completeness of the reports.

Insurance Leadership

• Introduce the borrower's broker to the firm's consultant, serve as an intermediary to negotiate Canyon's requirements with the Sponsor's requested coverage levels, and ensure binding is completed.
• Secure internal approvals for any deviation from standard requirements and ensure final terms are reflected in transaction documentation and the closing statement.

Construction & Environmental Diligence

• Coordinate review of GMP contracts, design agreements, schedule of values, construction schedule, buyout logs, and contractor financials with consultants, counsel, and the originations team.
• Extract and surface real issues such as scope gaps, pricing or escalation risk, schedule concerns, unbalanced SOV, and contractor strength, then drive a resolution path.
• Order and coordinate Phase I environmental review, identify recognized environmental conditions, and align mitigants with the Deal Team.

Organizational Structure & Guarantor

• Collect organizational charts and verify control parties and ownership thresholds are complete.
• Collect and underwrite guarantor financials to evaluate counterparty risk.
• Collaborate with the Canyon Security Team to ensure the background checks are completed in a timely manner.

Closing Economics

• Maintain the deal budget workbook covering project line items, closing costs, and required reserves and contingencies.
• Perform equity reconciliation on costs spent to date.
• Build the sources & uses closing statement and ensure the escrow settlement statement ties out.
• Track third party fees against budget to prevent surprises near closing.

Cash Management & Funding

• Orchestrate cash management structure and account setup with sponsor accounting, treasury, and servicers, and confirm legal docs reflect the structure.
• Coordinate capital call readiness and wire mechanics, submitting wire requests to the authorized approver.
• Track rate cap / hedging where applicable, ensuring premiums are integrated into sources/uses.

Post Closing Transition

• Support the transition memo and assist Asset Management with cash flow models.
• Coordinate servicer onboarding and custodian/note delivery.
• Maintain the post-closing tracker for trailing documents, recorded items, final policies, hedge docs, opinions, and ESG items.

• A minimum of 4 years relevant experience, within a transaction or loan closing, debt originations support, capital markets, or real estate legal function.
• Direct experience closing commercial real estate debt and/or equity transactions including managing due diligence checklists and critical path timelines from executed term sheet through closing.
• Demonstrated experience engaging and coordinating third-party diligence providers including title/survey, appraisal, environmental (Phase I), property condition/construction, zoning, tax, and insurance from scoping and engagement through review of deliverables and reliance language.
• Experience with closing economics, including deal budgets, sources & uses, settlement statements, reserves and contingencies, and equity reconciliation.
• Exposure to loan documentation, organizational structure and guarantor review, and cash management or funding mechanics strongly preferred.
• Legal experience preferred; client-facing experience working directly with sponsors, borrowers, counsel, and consultants preferred.