CRE Loan Closing Specialist Sr

Job Summary

The CRE Loan Closing Specialist Sr. is responsible for initiating and driving the loan closing process, ensuring the integrity of due diligence and documentation for complex commercial real‑estate loan transactions. This role requires meticulous attention to detail, a thorough understanding of CRE loan terms, and expertise in reviewing and interpreting deal structures and legal documents, including “gray areas”. The specialist works closely with customers, lenders, legal teams, credit administration, and external stakeholders to coordinate activities, make decisions, and ensure compliance with regulations and bank policies.

• Provide leadership and guidance to deal teams, ensuring cohesion and effective collaboration.
• Mitigate issues/questions by elevating them to management.
• 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, demonstrating an advanced understanding of complex financial structures.
• 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.
• Address and resolve complex lending issues that may arise during the closing process, facilitate and collaborate with various stakeholders, communicate and/or escalated risks, pursue corrective action and drive solutions.
• Order and review due diligence such as flood determinations, insurance, title commitments, and other pre-closing items, and coordinate review with respective deal team, outside counsel and other third parties.
• Prepare closing statements, ensuring all fees are collected (e.g. appraisal fees, commitment fees and other closing fees).
• Prepare forms necessary to book loan on system of record.
• Clear any outstanding post-closing items and collateral exceptions and ensure accuracy of loan and customer information on the system of record; work with Commercial Loan Servicing to resolve errors.
• Manage closing checklist, certifications, and closing files according to standards.
• Train and mentor junior loan closers, sharing expertise and best practices to enhance the team's overall performance.
• Identify opportunities to enhance efficiency and effectiveness in the loan closing process, and work with management to implement improvements where needed.
• Engage with clients, lenders, and legal teams to facilitate smooth and transparent communication throughout the closing stages.
• Assess through critical thinking and mitigate potential risks associated with commercial loan transactions, ensuring the protection of the institution's interests along with that of our fellow colleagues and borrowers.
• Implement quality control measures to guarantee the accuracy and completeness of loan documentation.
• Participate in strategic decision-making related to commercial loan operations, providing insights and recommendations based on experience and industry knowledge.
• Perform other duties as assigned.

• Bachelor’s Degree.
• 7+ Years Commercial Loan Closing or Commercial Loan Administration.
• Effective communication with various stakeholders, including lenders, borrowers, and internal and external teams.

• Detail‑oriented:
  Meticulously check details of the Credit Approval and draft loan documentation to ensure accuracy and policy compliance.
• Time‑management:
  Handle a large complex commercial loan portfolio with multiple tasks and deadlines to ensure timely closings.
• Problem‑solving:
  Identify, decide, and resolve issues and discrepancies that may arise during the loan closing process in a proactive and efficient manner through strong analytical skills.
• Partner collaboration:
  Provide excellent service to both internal and external clients throughout the closing process.
• Technical proficiency:
  Use loan management software and other tools to streamline processes and maintain accurate records.
• Adaptability:
  Lead and adapt to changes in procedures, regulations, or industry practices to ensure ongoing effectiveness in the role.

Exempt Status:
Yes (not eligible for overtime pay). Workplace Type:
Office. Certain positions may have flexible arrangements where appropriate.

Huntington is an Equal Opportunity Employer.