Commercial Loan Closing Specialist

Responsibilities

• Supports the Commercial Loan Officers in driving the closing process for commercial loan products
• Responsible for integrity of loan closing, due diligence, documentation, compliance, booking to system of record
• Acts as a control point ensuring adherence to bank policies and procedures and compliance with legal and regulatory requirements
• Serve as a liaison with internal and external parties including operations, risk, and compliance, in-house and outside counsel
• Orders and reviews due diligence and coordinates review with respective banker, outside counsel and title company
• Completes funding, ensures all fees are collected and prepares forms necessary to book loan on system of record
• Responsible for clearing any outstanding post-closing items and collateral exceptions
• Manages closing checklist and files according to Business Segment standards
• Requests and reviews closing documents to ensure they conform to credit approval and bank policies prior to closing
• Keeps informed of changes that may impact assigned work functions and processes.
• Follows or establishes effective controls and processes to ensure compliance is adhered to on an ongoing basis.
• Performs other duties as assigned.

• Bachelor’s degree or Five (5) years of Commercial Banking experience
• Minimum of three (3) years' experience in understanding of Commercial Loan Documentation and collateral perfection
• Excellent customer service and interpersonal skills required
• Must have excellent written and verbal communication skills including professional grammar and demeanor
• Demonstrates confidence, assertiveness, professionalism, and ability to interact with all levels within the organization in a professional manner
• Strong organizational skills with attention to detail, planning and follow-up
• PC and internet proficiency required such as Microsoft Office and Sharepoint
• Ability to work independently on multiple tasks without compromising quality
• Prioritize high volume work flow
• Accepting of change and capable of learning new processes.