Commercial Loan Closing Specialist

Duties & Responsibilities

• Orders and reviews due diligence such as title commitments, flood determinations, insurance and other pre-closing items, and coordinates review with respective banker, outside counsel and title company.
• Completes funding, ensures all fees are collected (e.g. appraisal fees, commitment fees and other closing fees,) and prepares forms necessary to book loan on system of record.
• Responsible for clearing any outstanding post-closing items and collateral exceptions; works with Commercial Loan Servicing to resolve errors.
• Manages closing checklist and closing files via according to Business Segment standards.
• Requests and reviews closing documents to ensure the structure and terms of the loan conform to credit approval and bank policies and are appropriately completed prior to closing.

Basic Qualifications

• Bachelor’s degree
• Five (5) years of Commercial Banking experience
• Minimum of three (3) years' experience in understanding of Commercial Loan Documentation and collateral perfection

Preferred Qualifications

• Excellent customer service and interpersonal skills
• Excellent written and verbal communication skills including professional grammar and demeanor
• Demonstrates confidence, assertiveness, professionalism, and ability to interact with all levels within the organization in a professional manner
• Strong organizational skills with attention to detail, planning and follow-up
• PC and internet proficiency required such as Microsoft Office and Sharepoint
• Able to work independently on multiple tasks without compromising quality
• Accepting of change and capable of learning new processes