Closing Coordinator

The role

Closing Coordinator at Compeer Financial is responsible for the accurate processing, closing, funding and servicing of transactions secured by real estate properties. This role requires adherence to regulations, policies and procedures.

Responsibilities

• Follows established organizational policies and procedures to ensure transactions meet legal compliance with lending laws and regulations.
• Collects documents and ensures appropriate due diligence is completed to confirm all underwriting conditions are met.
• Coordinates with Compeer departments and external companies to order title commitments, appraisals and flood zone determinations. Follows regulatory guidance as applicable.
• Reviews title insurance commitments, deeds, real estate title documents, Uniform Commercial Code filings, fixture filings, and other related documents to confirm the organization’s collateral lien position. Confirms legal documents required to close a transaction and parties required to sign each legal document.
• Independently creates or reviews settlement statements and/or disbursement agreements in accordance with the transaction to ensure the funds are disbursed accurately.
• Collaborates with sales to service all aspects of client relationships within the lending territory. Assists team members with transactions and loan servicing.
• Assists Lending Client Coordinators by providing backup to all job functions as needed.
• Conducts a post-close review of transactions to ensure they were closed in accordance with the organization’s policies and procedures. Reviews all documents related to the transaction.
• Works closely with internal and external clients to set up, organize, verify and close mortgage loans, short-term loans and large transactions for all business units serving the organization’s clients.
• Administers funding execution and proper booking and data maintenance.
• Works with Legal Department and Title Review teams on collateral related documents, such as Consents, Subordinations and Contract Assignments, as needed. Drafts supplemental loan closing documents when necessary.

Requirements

Closing Coordinator must have an associate's degree in accounting, business administration, legal, agriculture or related field OR an equivalent combination of education and experience sufficient to perform the essential functions of the job. A Closing Agent License; Insurance Producer License preferred (or ability to obtain within twelve months), a Commissioned as a Notary Public for the state (or ability to obtain within three months), and basic accounting and mathematical skills are also required.

Qualifications

Essential qualifications include a high level of attention to detail, strong organizational skills, and the ability to work independently and as part of a team. Experience in real estate transactions and familiarity with legal and financial documents is preferred.

Skills

• Working knowledge of loan approval processes and requirements, personal property security documents, real estate, legal, banking, security requirements and title insurance.
• Basic accounting and mathematical skills to calculate data, reconcile funds and determine payoffs.
• Working knowledge of legal descriptions and collateral documents to gather appropriate information for document preparation.

Benefits

Compeer Financial offers a competitive benefits package including:

• Up to 9% towards 401k (3% fixed Compeer contribution plus up to 6% match)
• Medical, dental, vision, HSA/FSA, life & AD&D insurance, short-term and long-term disability, wellness program & EAP
• Vacation, sick leave, holidays/floating holidays, parental leave, and volunteer paid time off
• Learning and development programs
• Mentorship programs
• Cross-functional committee opportunities (i.e. Inclusion Council, emerging professional groups, etc.)
• Professional membership/certification reimbursement and more!

Pay

Base Pay Range: $47,100 - $66,600 USD

Schedule

This position offers a hybrid model allowing for occasional remote work, primarily working out of the Fond du Lac, WI office location.

How we will take care of you

Compeer Financial provides a supportive and inclusive work environment where employees can thrive both personally and professionally. The company offers a variety of benefits, including a generous vacation policy, health and wellness programs, and opportunities for professional growth and development.

Equal Opportunity Employer

Compeer Financial is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Application Information

To apply for this position, please click here.