Senior Commercial Loan Closer - Lending Operations

We need to output HTML fragment with sections: About the role? Actually the posting includes "ABOUT REINVESTMENT FUND:" and "ABOUT THE POSITION:" and then "RESPONSIBILITIES:", "EDUCATION, EXPERIENCE AND SKILLS:" with subparts "REQUIRED QUALIFICATIONS:" and "PREFERRED QUALIFICATIONS:", "WORK LOCATION:", "COMPENSATION & BENEFITS:". We need to use

for section headings (e.g., About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule). We need to decide which headings to use based on content. We must not repeat job title as heading. No Job ID. We need to include sections only when posting has real specific content. So we can have sections: About the role (maybe combine About Reinvestment Fund and About the Position?), Responsibilities, Requirements (maybe Education, Experience and Skills), Qualifications (maybe separate Required and Preferred?), Skills (maybe part of qualifications), Benefits, Pay, Schedule (if present). Work location maybe not a required heading; could be part of About the role or omitted? The instruction says use headings for those specific examples; but we can also use other headings? It says use

for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule). Likely we should stick to those headings where applicable. If content doesn't fit exactly, we could still use those headings but map. We have content: About Reinvestment Fund (mission) and About the Position (role description). Could combine into "About the role". That seems appropriate. Responsibilities: we have detailed responsibilities. Requirements: we have Education, Experience and Skills (including required qualifications). Could be "Requirements". Could also split into "Qualifications" for required and preferred? But we have both required and preferred qualifications. Could put under "Qualifications" heading with subpoints? But we need to use

• for any list of duties/requirements/benefits. So we can list required qualifications as list items, preferred qualifications as list items maybe under same heading or separate? Could have "Qualifications" heading and then two lists: Required Qualifications and Preferred Qualifications as subheadings? But subheadings not allowed? Not specified; we could just have one list with both required and preferred, but better to separate. Skills: we could have a separate "Skills" heading for skills like MS Office, communication, etc. But those are already in qualifications. Might be redundant. Benefits: we have compensation & benefits section includes salary range and benefits. So we can have "Benefits" heading for benefits list, and "Pay" heading for salary range. Schedule: we have work location hybrid arrangement; not exactly schedule but could be considered schedule? The posting mentions flexible hybrid home/office work arrangement, 2-4 days per month in Philadelphia, in-person all-hands twice per year. That's more about work location/schedule. Could put under "Schedule". But we have no explicit schedule like full-time etc. Might be okay to include Schedule heading with that info. We must not include boilerplate like EEO, E-Verify, etc. Remove those lines. We must preserve all substantive information; do not invent or summarize away detail. So we need to keep all details from the posting except boilerplate. Let's extract substantive content: About Reinvestment Fund: mission statement etc. About the Position: description of role, supporting Senior Closing Manager, etc. Responsibilities: list of duties (Pre-Closing, Closing, Post-Closing Backup, Other duties as assigned). We need to keep all bullet points. Education, Experience and Skills: includes statement about performing job successfully, reasonable accommodations. Required Qualifications: list of items. Preferred Qualifications: list. Work Location: description of hybrid arrangement. Compensation & Benefits: salary range, benefits list, plus some extra statements about at-will, E-Verify, background check, EEO, etc. We need to remove boilerplate: at-will position, E-Verify, background check, EEO statement, etc. Also the part about RF Impact Advisers etc. That's likely boilerplate/legal; remove. We need to keep: competitive salary based on experience and skills, excellent benefits package including employer-paid health, disability, and life insurance, 401(k) savings plan with employer match, flexible spending accounts (medical, dependent care and transportation), tuition reimbursement, paid time off, and EAP program. Salary range $74,000-$93,000/year. Also note base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. That's substantive? It's about compensation variability; we can keep. We should not include the at-will, E-Verify, background check, EEO, RF Impact Advisers, etc. Now structure:

  About the role

  Combine About Reinvestment Fund and About the Position.

  Responsibilities

  • ... each duty as list items. Need to break down the responsibilities into sensible items. The responsibilities text includes headings Pre-Closing, Closing, Post-Closing Backup, Other duties as assigned. We could keep those as part of list items or as subheadings? But we cannot use other headings besides h3? Not prohibited but we should follow instruction: use

    for section headings (list). It didn't forbid other headings, but to be safe we can just make list items that include the subheadings as part of the text. We'll produce list items: - Prepare and manage loan closing checklist, tracking of legal costs, and attorney vendor management. - Process searches and KYC due diligence for all related loan parties. - Review loan documents for compliance with credit approval, credit policy, internal guidelines and State and Federal regulations. - Work with Loan Officer, Commercial Loan Closer, Senior Closing Manager, and counsel to address discrepancies. - Review all due diligence materials, identify, and resolve barriers to closing, which may include but not be limited to necessary insurance coverage, title endorsements, outstanding liens or clouds on title requiring resolution, outstanding taxes, and judgments against parties or property. - Collect and review insurance, ensuring compliance with loan requirements. - Track third-party costs and borrower deposits associated with closing. - Schedule and coordinate loan closing with all parties and create/review HUD-1, closing protection letter and closing instruction letter. - Ensure that all required documents are obtained at closing; collect and deliver original documents to secured file room as needed. - Communicate funding needs to the Finance department. - Oversee the timely payment of pre-closing and closing invoices. - Prepare and coordinate closing disbursements. - Post-Closing Backup: Quality control for loan file and preparation for upload to document management system (Synergy) - Generate a closing exception report and follow-up for post-closing exception tracking. - If relevant, oversee transfers of documents to and from authorized custodians. - Other duties as assigned. That seems fine.

    Requirements

    We could include Education, Experience and Skills statement plus Required Qualifications. But we also have Preferred Qualifications; maybe we put them under Qualifications heading. We could have:

    Requirements

    To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    • Bachelor’s degree (finance, real estate, construction management, or related field preferred) or equivalent experience.
    • 8+ years of experience with commercial loan transactions.
    • Understanding of commercial lending, documentation and applicable laws and regulations (i.e., entity documents and the ability to determine authorization and signers)
    • Proven ability to communicate professionally and diplomatically with internal and external customers.
    • Demonstrated ability to manage high pressure situations.
    • Detailed oriented, with strong organizational skills and a demonstrated ability to work on multiple transactions simultaneously.
    • Ability to define problems, collect data, establish facts, and draw valid conclusions.
    • Excellent verbal and written communication skills.
    • Proficiency in MS Office, especially Excel.
    • Proficiency in electronic file storage and collaborative document management (such as SharePoint, OneDrive, Synergy, Smartsheet, etc.)
    • Ability to foster positive productive working relationships.
    Then maybe a separate

    Preferred Qualifications

    with list. But the instruction says use headings like Qualifications, Skills, Benefits, Pay, Schedule. It didn't forbid extra headings like Preferred Qualifications. But we could combine Required and Preferred under Qualifications heading with subheadings? Might be okay to have two headings: Qualifications (for required) and Preferred Qualifications (maybe not in list). However they said "Use

    for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule)." That suggests we should use those exact headings where applicable. So we should have a section heading "Qualifications" for qualifications content. Could we put both required and preferred under that? Possibly separate lists with headings inside? But we cannot use other headings? Not strictly prohibited but better to stick to the given list. Thus we could have:

    Qualifications

    Required:

    ...

    Preferred:

    ...
    That seems okay. Then we need Benefits and Pay sections. Benefits: list of benefits. Pay: salary range. Schedule: work location/hybrid arrangement. We need to ensure we don't include filler like "commensurate with experience" etc. We have salary range specific. Now compile. Check for any leftover boilerplate: In the compensation section we have statements about at-will, E-Verify, background check, EEO, RF Impact Advisers. We'll remove those. Also need to remove the line "If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, company or individual department/team performance, and market factors." That's boilerplate; remove. Also "Reinvestment Fund uses E-Verify to validate all new hires' ability to legally work in the United States and all new hires may be subject to a background check." Remove. Also "Reinvestment Fund is an Equal Opportunity Employer..." Remove. Also the RF Impact Advisers paragraph; remove. Now ensure we kept all substantive info: The mission description, role description, responsibilities, qualifications, preferred qualifications, work location, compensation & benefits (salary range and benefits list). Also the statement about base pay may vary depending on factors; we can keep that as part of Pay section. Now produce HTML. We'll need to wrap sections in

    and then content. Let's craft. About the role paragraph: combine: "At Reinvestment Fund, we are dedicated to making a tangible difference in the lives of underserved individuals and communities. Our mission is to create opportunity for underserved people and places through partnerships. We marshal the capital, analytics, and expertise necessary to build strong, healthy, and more equitable communities. As a federally certified community development financial institution (CDFI), our job is to make finance an agent of positive change and equitable growth. We provide loans, grants and technical assistance to businesses and nonprofits. Our borrowers and grantees educate students, support local economies, and create jobs. They build affordable housing and provide community goods and services that include access to nutritious food, hunger relief, physical and mental health care, and other social services. Reinvestment Fund is seeking a Senior Commercial