Closing Specialist III

## Closing Specialist IIIApplylocations:
On-Site - Tustin CA:
On-Site - Los Angeles CAtime type:
Full time posted on:
Posted 2 Days Agojob requisition :
JR100116

Lendistry is an Equal Opportunity/Affirmative Action Employer. We consider applicants without regard to race, color, religion, age, national origin, ancestry, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, veteran status, disability, genetic information, or membership in any other group protected by federal, state, or local law.

If you need assistance or accommodation due to a disability, you may contact us at hr Lendistry does not accept unsolicited resumes from recruiters, employment agencies, or staffing firms. To conduct business with Lendistry, a Master Services Agreement (MSA) must be executed and confirmed prior to submitting any information relating to a potential candidate. Without a signed MSA, Lendistry shall not be responsible to any individual or entity for any payment relating to any form of fee or compensation.

And, in the event that a resume or candidate is submitted by a recruiter, an employment agency, or a staffing firm without a fully executed MSA, Lendistry has the unrestricted right to pursue and hire any of those candidate(s) without any legal or financial responsibility to the recruiter, agency, and/or firm.
** A Day in the Life
** The
** Closing Specialist III
** is responsible for funding/closing transactions in cooperation with as well as liaising between Internal partners, customers and third parties on a transactional basis. Some travel may be required.  
** Lendistry:
Who We Are
** We’re proud to be the nation’s largest minority-led, tech-savvy lender for small businesses and commercial real estate.  As a certified Community Development Financial Institution (CDFI) and Community Development Entity (CDE), our mission is all about creating economic opportunities and fueling growth for small business owners and their communities.  Join us as we pave the way with innovative financing and financial education!
** What You’ll Be Doing**
* ** Loan Closing and Documentation**  + Oversee the preparation, review, and execution of SBA loan closing documents, ensuring compliance with SBA Standard Operating Procedures (SOP).  + Identify and resolve discrepancies in documentation, coordinating with borrowers, attorneys, and third-party vendors to address issues.  + Make impactful decisions regarding document completeness and readiness for closing, escalating complex cases when necessary.
* ** Compliance and Risk Management**  + Conduct thorough reviews of loan files to ensure adherence to SBA and regulatory requirements, making real-time decisions to correct deficiencies.  + Evaluate and approve loan conditions prior to closing, including third-party reports, title policies, and insurance documentation.  + Implement strategies for fraud detection and prevention during the closing process.
* ** Process Optimization**  + Collaborate with lending and underwriting teams to streamline workflows, minimizing delays in the closing process.  + Develop and refine documentation checklists and tracking systems to improve accuracy and efficiency.  + Leverage technology to automate routine tasks, such as compliance checks and document generation.
* ** Third-Party Coordination**  + Manage relationships with third-party service providers, including title companies, appraisers, and attorneys, to ensure timely delivery of required documentation.  + Make informed decisions about handling third-party delays, such as moving applications to suspense status when warranted.
* ** Borrower Communication and Experience**  + Serve as the primary point of contact for borrowers during the closing phase, providing clear guidance on requirements and timelines.  + Proactively communicate updates and resolve borrower concerns to ensure a seamless closing experience.
* ** Leadership and Training**  + Act as a mentor and resource for junior team members, providing training on SBA documentation standards and closing procedures.  + Stay updated on SBA SOP changes and industry best practices, sharing insights with the team to…