Business Banking Closing Specialist
Huntington National Bank · Bay City, MI · 2 wk ago
FinanceFull-time
About the Role
The Business Banking Closing Specialist provides administrative support for the Sales Team and is responsible for delivering quality customer service through daily interactions between Huntington and clients. This role coordinates the closing of Business Banking Loans, ensuring all necessary collateral reports and information are obtained to meet credit approval terms and conditions.
Responsibilities
- Generate term sheets and commitment letters, communicate with customers, and order all third-party reports and title work.
- Track expenses and fees, engage legal counsel for trusts, deed restrictions, and unique language, and collect items required to clear conditions for closing.
- Drive deals toward closing by partnering with the Sales Team, Credit Partners, Loan Servicing, and third-party vendors to ensure efficient and timely closings.
- Process Business Banking small business loans in preparation for closing within expected service levels.
- Obtain all necessary collateral reports and information for UCC secured, titled collateral, commercial real estate, construction, and public sector programs.
- Provide exemplary service to lending customers of Huntington.
- Coordinate closing dates with customers and markets while managing an active pipeline.
- Assist with the management of monthly maturities and the resolution of collateral exceptions.
- Ensure proper loan and collateral documentation by staying abreast of and interpreting various laws, regulations, policies, and procedures.
- Perform other duties as assigned.
Requirements
- High School Diploma required.
- At least 1 year of loan processing/closing experience and/or real estate loan/Title company experience.
Preferred Qualifications
- Experience with Business Banking/Commercial closing documentation.
- Paralegal Certificate and Associate Degree.
- A very outgoing, strong Sales/Customer Service personality with constant customer interaction.
- Strong written and verbal communication skills.
- Excellent organizational and PC skills, including proficiency in Microsoft Office software.
- Ability to interact with internal and external customers to achieve positive results in a fast-paced, production environment.
Schedule
This is a non-exempt position eligible for overtime pay.
Workplace Type
This is an office-based role with the possibility of a flexible work arrangement, combining in-office and remote work. Specific arrangements will be provided by the hiring team. Remote roles may occasionally require in-office attendance for key moments.