Senior Commercial Loan Closing Specialist

Essential Functions

• Reviews complex loan documents
• Initiates and drives deal closing calls that include internal and external deal team members and counsel
• Ensures documentation accurately reflects the intentions of the credit approval
• Facilitates teamwork and continuity
• Proactively pursues gaining new knowledge to perform effectively in the role
• Prepares funding requests and ensures accurate and complete funding information to ensure a timely closing
• Ensures transactions are closed in compliance with the Bank’s loan policy and any other requirements designated by the credit approval
• Works with Relationship Manager/Underwriter to understand the transaction and make sure that all relevant documentation is obtained for a timely closing
• Liaises and coordinates pre-closing requirements with internal and external clients (Underwriter, Relationship Manager, Syndication Desk, Borrowers, Lenders)
• Demonstrates ability to balance required regulatory and policy requirements when making decisions
• Safeguards Know Your Customer “KYC” requirements have been met prior to closing a transaction
• Resolves issues that might impede closing and uses judgement to involve the manager and internal counsel when required
• Completes post-closing steps to ensure that all necessary documentation is received by downstream partners
• Maintains monitoring and clearing of loan exceptions
• Develops, designs, and follows inter-departmental controls and risk reducing processes
• Possesses the ability to positively accept change and engage with team and relevant stakeholders
• Engages in training and process improvement initiatives

Education And Experience Requirements

• Post-secondary degree preferred
• Minimum 7 - 10 years of experience, including 5 years of bank operations processing, loan closings or related experience
• Commercial Real Estate experience

Essential Skills And Abilities

• Demonstrated knowledge of loan documentation and lending regulations and ability to effectively interface with customers, internal and external counsel, compliance, credit, title companies, inspectors, insurance companies and other external contacts
• Must demonstrate strong follow-up skills and the ability to prioritize tasks effectively