Commercial Closing Officer - Commercial Banking Admin NAS

Summary

Responsible for the integrity of the loan closing, due diligence, documentation, loan booking and closing files for assigned customers and Commercial loans. Ensures loan structure and terms conform to credit approval and bank policies, identifies and mitigates exceptions.

Essential Duties And Responsibilities

• Orders, obtains and reviews documents in conjunction with the Commercial Associate Banker to identify and report deficiencies such as title commitments, flood determinations, hazard and flood insurance, UCC searches and other pre-closing items.
• Aids in the collection and preparation of appropriate data, including information from internal and external sources, required by banking regulations.
• Moves the loan through the loan origination process by coordinating closing portfolio for Commercial loans and managing sound risk and credit management practices consistent with the Bank’s Credit Policy.
• Reviews loan documents and works with outside counsel to ensure completeness and accuracy of all required documents.
• Prepares loan modification documents by reviewing existing transactions to document modifications consistent with the Bank’s credit policy.
• Communicates with department manager or legal counsel to develop strategies and solutions for issues.

Other Requirements

• Proficiency in Bank policies and procedures, adherence to laws, rules and regulations.
• Completion of assigned compliance training.
• Coordination and management of multiple tasks.
• Good time management and willingness to provide high-level service.
• Professional demeanor, clear communication, ability to work in a team environment, and confidentiality.
• Experience with Microsoft Office and commercial lending systems and loan documentation software.