Jobs · Finance · Missouri

Commercial Loan Closer

North American Savings Bank · Kansas City, MO · 1 mo ago
FinanceFull-time

Job Summary

This role is responsible for closing loans within the commercial real estate and construction lending organization with an emphasis on closing Residential Construction and Commercial Real Estate Construction.

What you can expect to work on:

  • Loan Documentation
    • Prepare and review loan documents ensuring accuracy and compliance with bank and regulatory requirements.
    • Order or collect necessary documents such as title commitments, entity documents, tax certificates, flood certificates, etc.
  • Due Diligence
    • Conduct thorough due diligence reviews on commercial real estate properties, including title commitments, entity documents, tax certificates, flood certificates, etc.
    • Ensure all information is accurate and that the Bank’s lien can be perfected.
    • Enter and track trailing documents for own transactions.
    • Loan data is entered into the Bank’s core system in an accurate and timely manner.
  • Closing Coordination
    • Cooking with title, attorneys, and lending staff to ensure a smooth closing process, and that closing timelines are met.
    • Prepare and review closing documents to verify accuracy and completeness.
  • Funding
    • Prepare and complete initial loan disbursements in accordance with closing instructions and statements.
    • Board loans post funding utilizing the Bank’s core system.
  • Customer Service
    • Ensure excellent and proactive customer service when interacting with internal/external customers, and management.
    • Address inquiries or issues within a timely manner.
  • Other Responsibilities
    • Responsible for maintaining SLA, quality, and productivity measures.

    What you offer us:

    • Bachelor’s degree or other formal education preferred (with a focus on business, finance, risk management, or other similar areas)
    • 7+ years of experience in commercial loan closing, processing, and funding, relevant title and/or legal experience.
    • In-depth knowledge of commercial real estate lending, regulations and compliance.
    • Significant experience proofreading and editing commercial real estate loan documents, including security agreements, deeds of trust, promissory notes, guarantees, and reviewing corporate entity documents.
    • Knowledge of LaserPro and Fiserv DNA core banking system is preferred.
    • Credit and background checks will be required.

    What we offer you:

    • Comprehensive health insurance (medical, dental, and vision coverage)
    • 401(k) retirement plan with a 50% employer match on the first 6% of your contribution
    • Generous paid time off (PTO) including 11 holidays, your birthday, and volunteer time
    • Exclusive mortgage and banking benefits
    • Employee referral bonuses
    • Internal training and development programs to help reach your career goals

    Location:

    This position is based out of our Kansas City, MO headquarters and may have the flexibility to work from home one to two days per week as business demands.

    Benefits:

    • Comprehensive health insurance (medical, dental, and vision coverage)
    • 401(k) retirement plan with a 50% employer match on the first 6% of your contribution
    • Generous paid time off (PTO) including 11 holidays, your birthday, and volunteer time
    • Exclusive mortgage and banking benefits
    • Employee referral bonuses
    • Internal training and development programs to help reach your career goals

    Contact:

    If you have any questions, please contact jobs@nasb.com.

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