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Senior Commercial Loan Closing Specialist

Job in Peoria, Peoria County, Illinois, 61639, USA
Listing for: Jobtailor
Full Time position
Listed on 2026-07-14
Job specializations:
  • Finance & Banking
    Loan Servicing, Banking Operations, Loan Officer / Lending
Salary/Wage Range or Industry Benchmark: 110000 - 165000 USD Yearly USD 110000.00 165000.00 YEAR
Job Description & How to Apply Below
  • Reviewing and organizing all necessary documentation to finalize complex commercial loan transactions
  • Ensuring accuracy, compliance with regulations, and facilitating with various parties involved
  • Initiating and driving the loan closing process while managing and expediting complex and concurrent processes
  • Handling intricate and high-value commercial loan transactions
  • Ensuring strict adherence to regulatory requirements and industry standards throughout the loan closing process
  • Addressing and resolving complex lending issues
  • Training and mentoring junior loan closers
  • Identifying opportunities to enhance efficiency in the loan closing process
  • Engaging with clients, lenders, and legal teams to facilitate communication throughout closing stages
  • Assessing potential risks associated with commercial loan transactions
  • Implementing quality control measures to guarantee accuracy of loan documentation
  • Participating in strategic decision-making related to commercial loan operations
Requirements
  • Bachelor’s Degree
  • 7+ Years Commercial Loan Closing or Commercial Loan Administration
  • Effectively communicating with various stakeholders, including lenders, borrowers, and internal and external teams
  • Meticulously checking details of the Credit Approval and Draft loan documentation
  • Managing a large complex commercial loan portfolio encompassing multiple tasks and deadlines
  • Identifying, decisioning and resolving issues and discrepancies during the loan closing process
  • Providing excellent service to both internal and external clients
  • Utilizing loan management software and other tools to streamline processes
  • Leading and adapting to changes in procedures, regulations, or industry practices
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Position Requirements
10+ Years work experience
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