Bank Closing Coordinator (Lender Operations)

LLoyd Staffing

  • Melville, NY
  • 2 days ago
  • $55,000 Per Year

Highlights

This individual will serve as a primary point of contact between borrowers, attorneys, title companies, and internal departments, overseeing closing documentation, resolving outstanding requirements, and ensuring loan files are cleared and ready for funding. We are seeking an experienced Bank Closing Coordinator to manage and coordinate all aspects of the loan closing process, ensuring timely, accurate, and compliant loan funding.

Numbers & Facts

LocationMelville, NY

Description

Title: Bank Closing Coordinator (Lender Operations)
Schedule: Monday – Friday 9:00am – 5:30pm
Location: Melville, NY (on-site)
Compensation: $55,000 – 70,000

We are seeking an experienced Bank Closing Coordinator to manage and coordinate all aspects of the loan closing process, ensuring timely, accurate, and compliant loan funding. This individual will serve as a primary point of contact between borrowers, attorneys, title companies, and internal departments, overseeing closing documentation, resolving outstanding requirements, and ensuring loan files are cleared and ready for funding.

Your Contributions
  • Coordinate and facilitate residential and/or commercial loan closings from initial approval through final funding.
  • Review Closing Disclosures (CDs), title conditions, and closing documentation for accuracy, completeness, and compliance with lending guidelines and regulatory requirements.
  • Liaise with attorneys, title companies, settlement agents, borrowers, and internal departments to resolve title issues, documentation discrepancies, and outstanding closing requirements.
  • Monitor closing conditions, track deadlines, and ensure all necessary documentation and approvals are obtained prior to closing and funding.
  • Maintain accurate loan records within internal loan operating systems and ensure files are complete, organized, and funding ready.
  • Partner with internal lending and operations teams to facilitate an efficient closing process and ensure compliance with applicable regulations.
Bringing to the Table
  • High School Diploma or equivalent required; Associate's or Bachelor's Degree preferred.
  • 2–5+ years of experience in loan closing, mortgage operations, banking, title, or related lending functions.
  • Strong knowledge of Closing Disclosures (CDs), TRID requirements, title commitments, title clearance, title insurance, and settlement procedures.
  • Familiarity with applicable federal, state, and banking regulatory requirements governing loan closings.
  • Proficiency in Microsoft Office Suite and loan origination or servicing systems.
  • Excellent written and verbal communication, organizational, and problem-solving skills.
  • Ability to manage multiple transactions, competing deadlines, and time-sensitive closing requirements.
Preferred
  • Previous experience within a bank, mortgage company, title agency, or law firm.
  • Knowledge of commercial lending documentation and closing requirements.
  • Familiarity with compliance regulations governing mortgage and loan closings.
  • 3+ years of experience in loan closing, mortgage banking, or lending operations.
  • New York CEMA transaction experience and title-related closing experience strongly preferred.
Benefits
  • Health Insurance (No Dental / Vision Benefits Currently Offered)
  • Paid Time Off
  • Paid Holidays

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