Commercial Real Estate Loan Closing Associate

United StatesPermanent - Full Timemid

OtherCommercial

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Overview

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,

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OtherCommercial

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.

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.

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.