CRE Loan Closing Specialist - Senior

Description

The CRE Loan Closing Specialist Sr. is responsible for initiating and driving the loan closing process, and for the integrity of the loan closing, due diligence, and documentation while managing and expediting complex and concurrent processes and organizing all necessary documentation to finalize complex Commercial Real Estate loan transactions. The CRE Loan Closing Specialist Sr. ensures accuracy, compliance with regulations, and coordinates activities, decisions, and communications with various parties involved, such as lenders, borrowers, legal teams and other third parties.

This position involves meticulous attention to detail and a thorough understanding of Commercial Real Estate loan terms including legal concepts, collateral acceptability, and final closing conditions. Expertise in review and interpretation of deal structures and legal documentation along with working through “gray areas” presented is required. Additionally, CRE Loan Closing Specialist Sr. reviews and signs closing documents, ensures the loan structure and terms conform to the credit approval and bank policies, confirms requirements are in place, and identify and appropriately mitigate exceptions to facilitate smooth and timely closing.

This position works closely with customers, outside counsel and external consultants, Credit Administration, and Commercial Real Estate partners along with other business segments to deliver outstanding experience to customers and business partners, while carrying out sound risk management practices within a dynamic business development environment.

The CRE Loan Closing Specialist Sr. is responsible for initiating and driving the loan closing process, and for the integrity of the loan closing, due diligence, and documentation while managing and expediting complex and concurrent processes and organizing all necessary documentation to finalize complex Commercial Real Estate loan transactions. The CRE Loan Closing Specialist Sr. ensures accuracy, compliance with regulations, and coordinates activities, decisions, and communications with various parties involved, such as lenders, borrowers, legal teams and other third parties.

This position involves meticulous attention to detail and a thorough understanding of Commercial Real Estate loan terms including legal concepts, collateral acceptability, and final closing conditions. Expertise in review and interpretation of deal structures and legal documentation along with working through “gray areas” presented is required. Additionally, CRE Loan Closing Specialist Sr. reviews and signs closing documents, ensures the loan structure and terms conform to the credit approval and bank policies, confirms requirements are in place, and identify and appropriately mitigate exceptions to facilitate smooth and timely closing.

This position works closely with customers, outside counsel and external consultants, Credit Administration, and Commercial Real Estate partners along with other business segments to deliver outstanding experience to customers and business partners, while carrying out sound risk management practices within a dynamic business development environment.

• As a CRE Loan Closing Specialist, Sr., your role involves overseeing and managing the entire commercial loan closing process.
  
  Responsibilities include:

• Leadership:
  Provide leadership and guidance to deal teams, ensuring cohesion and effective collaboration. Mitigates issues/questions being elevated to Management.

• Complex Transactions:
  Handle intricate and high-value commercial real estate loan transactions, with custom, complex terms and due diligence that involve construction, acquisition, bonds, tax credits, credit derivatives, participations, and syndication transactions etc, demonstrating an advanced understanding of complex financial structures.

• Compliance Oversight:
  Ensure strict adherence and serve as control point to regulatory requirements (such as Flood and OFAC) and industry standards (such as Construction Monitoring and Specialized business needs) throughout the loan closing process.

• Problem Resolution:
  Address and resolve complex lending…