Corporate & Specialized Loan Closing Specialist III - 0090 Admin-255 Loan Operations

Summary

The Corporate & Specialized Loan Closing Specialist III independently closes the Bank's largest and most complex corporate and specialized commercial transactions. The role serves as the unit's subject matter expert and escalation point, performs second-level quality reviews, mentors staff, supports procedures and system initiatives, and provides deal-team leadership without direct supervisory responsibility. The position helps ensure accurate, timely, and compliant closings while protecting the Bank's collateral position.

Specific Job Functions

• Independently manage the Bank's largest, most complex, and specialized commercial loan closings, including construction, acquisition, bond, tax credit, participation, syndication, swap, asset-based lending, Fed Funds, Business Manager, non-depository financial institution, letter of credit, and government-guaranteed transactions.
• Interpret complex credit approvals, term sheets, commitment letters, legal opinions, and attorney-prepared documents to ensure approved structure, pricing, covenants, collateral, lien position, enforceability, remedies, and closing conditions are accurately documented.
• Prepare and review complex loan and collateral packages in LaserPro, including customized language, non-standard structures, intercreditor and subordination provisions, and multi-facility, multi-entity, multi-note, multi-collateral, and multi-state transactions.
• Research, interpret, and communicate state lending, documentation, recording, mortgage tax, execution, entity authority, and UCC requirements across the Bank's lending jurisdictions; coordinate with counsel when legal interpretation is required.
• Lead complex collateral due diligence, including flood, lien and public-record searches, entity and authority documentation, insurance, title, surveys, appraisals, environmental reports, leases, estoppels, and third-party agreements; determine appropriate mitigation with counsel and production partners.
• Coordinate complex funding, settlement, closing statements, and multi-party disbursements, and confirm accurate boarding and post-closing documentation.
• Serve as the unit's subject matter expert and escalation point for documentation, collateral perfection, regulatory compliance, due diligence, and closing requirements.
• Perform second-level quality reviews of loan packages prepared by other closing staff, provide constructive feedback, and help protect the Bank's collateral position and compliance with policy and applicable requirements.
• Monitor closing and collateral exceptions in nCino, prioritize aged or high-risk items, and partner with Loan Servicing, Collateral Management, and production teams to resolve deficiencies.
• Train and mentor closing staff; develop and maintain procedures, checklists, job aids, templates, and state-specific reference materials.
• Identify documentation trends, control gaps, and process, automation, or system enhancement opportunities; support testing, implementation, audits, examinations, and compliance reviews.
• Provide day-to-day deal-team leadership without direct supervisory responsibility and serve as backup to the Manager for workflow oversight and escalations.
• Complete required compliance training and perform other duties as assigned.

Minimum Job Requirements

• High School diploma or equivalent is required.
• Associate degree in Business Administration, Finance, Accounting, Banking, or a related field preferred.
• 6+ years of commercial loan closing or documentation experience required, including significant experience with large, complex, and specialized transactions.
• Comprehensive working knowledge of LaserPro and nCino required, including complex and non-standard loan documentation.
• Advanced ability to interpret complex credit approvals, attorney-prepared documents, legal opinions, and deal structures and identify risks to collateral, lien priority, enforceability, and remedies.
• Advanced knowledge of multi-jurisdictional lending and recording requirements, real estate documentation, UCC lien perfection and priority, entity authority, and flood insurance compliance.
• Working knowledge of specialized commercial products, including government-guaranteed lending, interest rate swaps, letters of credit, asset-based lending, and participation and syndication transactions.
• Ability to exercise independent judgment, resolve complex issues, and determine when legal or management escalation is required.
• Demonstrated ability to review work, train and mentor staff, influence without direct authority, and collaborate across the loan lifecycle.
• Exceptional attention to detail, organization, time management, and written and verbal communication skills.
• Proficiency in Microsoft Word, Excel, and Outlook; ability to manage competing priorities, work under pressure, and meet firm deadlines.

b1BANK is an Equal Opportunity Employer.