Commercial Specialized Lending Closer

About the role

Processes and supports core operational functions within Commercial Loan Specialty Financing (e.g., Sponsor Finance, Equipment Finance, Sports Finance, Corporate Finance) while ensuring compliance with Department procedures, Corporate policies, Compliance, Audit, and legal requirements. Maintains in-depth knowledge of all functions within the Specialty Finance groups to provide support and processing as needed. Serves as a subject matter expert (SME) on initiatives within the assigned area.

Responsibilities

• Serve as the main contact point with Specialty Finance teams and other financial institutions, responding to or initiating complex requests.
• Read and interpret complex legal credit agreements and related documentation, collaborating with attorneys to ensure accurate closing documentation.
• Analyze incoming loan approval packages for required items (e.g., approval, collateral, signers, guarantors) to ensure proper documentation based on product and approval terms.
• Complete special processing for high-value, unique loan relationships as per bank-agreed terms.
• Independently manage all aspects of a deal from post-approval to closing.
• Work with Treasury Management to share borrower information.
• Review, process, and validate standard and non-standard documents for funding new syndicated, participated, or Specialty Finance transactions.
• Initiate loan activity (funding, repricing, payment) as instructed by the client in accordance with credit agreements.
• Calculate and track complex interest and fee accruals across varying rate levels and lender distributions.
• Initiate and reconcile fund movements per client/lender instructions.
• Research issues for relationship managers, client services, and customers.
• Monitor and escalate past-due principal, interest, and fees to ensure accurate loan accounting and timely client invoices.
• Maintain margin changes and communicate updates to the bank group.
• Provide information as requested by clients, business partners, or lenders.
• Serve as the department’s escalation point for issues, ensuring timely and proactive communication with partners and stakeholders.
• Assist with resolving complex transactions.
• Collaborate with credit, audit, and compliance to maintain loan portfolios, ensuring proper documentation and core system reporting accuracy.
• Process participation/syndicated loan transactions with Loan Servicing.
• Identify, recommend, and enhance processing activities to deliver exceptional customer experiences.
• Complete cross-training in all disciplines/functions of the Specialty Team and serve as backup for all team functions.
• Provide project support for department- and bank-level initiatives, assisting with management requests for audits.
• Participate in system testing, which may occur during non-business hours.
• Assist with administrative tasks related to Credit Agreement terms.
• Perform quality control on new deals, restructures, and amendments by verifying system setup accuracy.
• Collaborate with team members to ensure a timely, smooth customer experience.
• Train designated team members on the end-to-end process.
• Provide backup support for Trade Services and Letter of Credit products.
• Ensure compliance with Northwest’s policies, procedures, and Federal/State regulations.
• Navigate Microsoft Office, department-specific software, and other computer applications to maximize efficiency.
• Work as part of a team and with on-site equipment.

Requirements

• Bachelor’s Degree in Accounting, Finance, Economics, or Mathematics preferred.
• 3–5 years of related job or industry experience preferred.
• Knowledge of accounting principles.
• Analytical, problem-solving, and decision-making skills.
• Ability to manage concurrent assignments effectively and efficiently in an organized manner.
• Extensive ability to work independently within a team environment.
• Extensive ability to read and interpret loan documentation.
• Self-starter with excellent follow-through, time management, and organizational skills.
• Experience working in a production environment under time constraints and strict deadlines.

Location

Multiple locations available: Fishers, OH; Independence Bus Office, OH; NW Bancshares HQ, PA; Mount Joy, PA; Erie - 8th & State, PA; Bellevue, PA; Williamsport, PA; State College Business Office, PA; Administration Center, PA.

Travel may be required as needed.