Commercial Closing Officer
About the role
This position will be responsible for closing due diligence and documentation of commercial loans in the Loan Documentation team in Popular Bank. In this role, you will receive and review requests for closing community association commercial loans, process loan requests, review and research lit/lien, work with loan officer, bank counsel and credit to clear all exceptions, ensure all formation documentation is included, review types of collateral, update the Loan Closing Database, coordinate closings with Borrower’s attorney and Bank’s counsel, review loan documentation, prepare boarding packages, ensure accuracy of wire instructions, verify holds, verify deposit account openings, obtain proof of UCC filing, and obtain other documents as required. Post-closing tasks include completing closing checklist, sending welcome letters, ensuring loans were properly entered following executed loan documents in FIS Portal, maintaining specialized knowledge of the documentation department's function, and taking initiative in owning multiple projects.
Responsibilities
- Identify and resolve problems using strong analytical/math skills
- Provide service excellence by identifying key client business issues and developing recommendations
- Communicate effectively orally and in writing, including presenting
- Maintain attention to detail and take initiative in managing multiple projects
- Show proficiency with Microsoft Office
Requirements
- Strong analytical/math skills to identify and resolve problems
- Strong understanding of loan documents
- Strong oral and written communication skills including presentation skills
- Detail-oriented and able to take initiative in owning multiple projects
- Proficiency with Microsoft Office
Qualifications
- High school diploma or general education degree (GED)
- A minimum of 2 to 4 years prior commercial lending experience in a high volume closing unit
- Metavante/FIS IBS Insight experience is highly preferred
Skills
- Strong analytical/math skills
- Understanding of loan documents
- Effective communication skills
- Attention to detail
- Microsoft Office proficiency
Benefits
Our hybrid work model benefit applies to certain positions and is subject to changes based on the organizational needs.
Pay
Details TBD
Schedule
Details TBD
Benefits
Details TBD
Contact Information
To apply, please email your resume to asesorialaboral@popular.com. For more information about the company, visit www.popular.com and follow us on social media: LinkedIn | Facebook | Twitter | Instagram.