Jobs · Finance · Minnesota

Commercial Closing Specialist

Old National Bank · Lake Elmo, MN · 3 wk ago
Finance$70/hrFull-time

Responsibilities

The Commercial Closing Specialist position works with the Relationship Managers (RM) in the Commercial and Business Banking segments to provide sales support and coordinate all new money and renewal requests.

This role must be proficient in the commercial online application system (CML), financial information required for underwriting, loan structuring guidelines, collateral requirements, due diligence items and banking processes.

  • Provides a n appropriate review of entity documents, appraisals, title insurance, UCC Searches and other required supporting documentation to ensure proper signor authorities and lien position.
  • Communicates effectively with other members of the Loan Fulfillment team, RMs, Banking Specialists, Credit Underwriters, in-house legal counsel, and Loan operations to resolve any issues or questions.
  • This position requires a high level of decision-making capabilities and exception processing capability.

Qualifications

  • Bachelor’s degree, Associate degree and/or H.S. Diploma/GED with equivalent work experience.
  • K nowledge of loan documents and experience with loan processing.
  • Knowledge of ONB loan policy and Commercial Guidelines preferred but not required.
  • Highly organized with a strong attention to detail.
  • Strong analytical and problem resolution skills.
  • Excellent verbal and written communication skills.
  • Must have experience working in a fast-paced office environment with service level expectations.

Benefits

  • Competitive compensation with a salary range of $18.25/hr. - $ 29.75 /hr.
  • In addition to the base salary, employees can expect medical, dental, and vision insurance.
  • 401K, continuing education opportunities and an employee assistance program are also included in the benefit suite.
  • Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.

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