Loan Closing Coordinator

Responsibilities

• Completes pre-closing review of consumer and commercial loan files for items that support loan closing, which may include title/UCC search, title policy, flood certificates, proof of insurance or other due diligence information from various sources and prepare reports and/correspondence as appropriate.
• Reviews organizational documents to identify entity structure and signers.
• Reviews Loan Approval to ensure terms are documentable, serviceable and follow bank policy, lending practices and regulatory statutes.
• Manages closing process which includes verifying all required information is obtained, reviewed and signed off on, approval of final loan documentation, coordination with third parties, balancing closing statement and funding of loan.
• Clears post-closing exceptions for files related to lien security interests.
• Proactively monitors compliance tracking system to ensure lien is recorded timely or extended. Files appropriate documentation when required to secure lien position.

Qualifications

• 2 - 5 years of Commercial and Consumer loan processing and/or documentation experience
• Strong oral and written communication skills
• High attention to detail and in-depth knowledge of rules, regulations and policies relating to loan documentation
• Bachelor’s degree preferred

About Bridgewater Bank

Picture yourself at one of the Twin Cities’ best places to work, surrounded by people who challenge you, support you, and inspire you to be your best. Welcome to Bridgewater Bank. We are on a mission to be the finest entrepreneurial bank in the Twin Cities. Like true entrepreneurs, we run fast and lean. We are in constant evolution and the runway for personal and professional growth is long. People are our strength, and that’s why we’ve created and sustained an award-winning culture that promotes growth and celebrates the big and little wins along the way.

Bridgewater Bank provides a broad offering of competitive benefits including (but not limited to): Healthcare (medical, dental, vision), Basic term and optional term life insurance, Short-term and long-term disability, Parental leave, 401(k) with employer match, Paid vacation & paid holidays.

Status

Non-Exempt