Loan Ops Commercial Loan Closer

Overview

Join our dynamic team as a Loan Operations Commercial Loan Closer (CLC) and play a pivotal role in the commercial lending process. Youll collaborate with Commercial Relationship Managers (CRM) and Loan Officer Assistants (LOA) to oversee the closing process for all new, renewed, and modified C&I and CRE loans. As a key communicator, youll interact with various partners to ensure a smooth and timely loan closing process. This role offers the opportunity to work independently and handle a variety of tasks to ensure all approval conditions and due diligence items are met for loan document preparation and processing.

What You'll Do

Review and Identify:

• Analyze approved credit requests to pinpoint required pre-close conditions and due diligence needs.

Due Diligence:

• Order and review essential due diligence items such as:
• Title Commitments
• UCC searches
• Flood determinations
• Proof of insurance
• Surveys
• Entity documents
• Real estate appraisals
• Environmental Assessments
• Good Standing Certificates
• Beneficial Ownership

Monitor and Confirm:

• Ensure all due diligence items are received and reviewed for accurate loan document creation and lien perfection.

Document Preparation:

• Submit loan details to the internal Doc Prep team for closing documentation.

Legal Coordination:

• Engage with approved attorneys to prepare and/or close loan documents.

Scheduling:

• Coordinate closing dates and times with all relevant parties, including attorneys, title companies, customers, CRM, and LOA.

Accuracy Check:

• Review draft closing documents and settlement statements for accuracy, ensuring they align with loan approval.

Clear to Close:

• Provide final approval for closing once all conditions and due diligence requirements are satisfied.

Document Review:

• Verify executed documents for complete and accurate signatures, then forward to Loan Servicing for booking.

Documentation Management:

• Ensure all supporting documentation is properly loaded to CreditLens and/or submitted for imaging.

Initial Disbursement:

• Assist with initial loan disbursement at closing, acting as the second required signature.

Customer Service:

• Deliver exceptional service to internal and external clients with urgency and a positive attitude.

Requirements For Success

• 5+ years in the financial services industry, with a preference for commercial loan experience
• Strong interpersonal, verbal, and written communication skills
• Proficiency with MS Office Suite (Outlook, Word, Excel, SharePoint)
• Knowledge of federal and state banking regulations
• Excellent customer service skills
• Attention to detail
• Strong problem-solving and critical thinking abilities
• Organizational and time management skills to balance multiple priorities and meet deadlines
• Commitment to compliance training and continuous learning

Preferred Skills:

• College degree in business or paralegal certification

Conditions of Employment

Conditions of Employment:

• Must be able to pass a criminal background & credit check
• This is a full-time, non-remote position
• FLSA status: Non-exempt
• We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of:
• race
• color
• sex
• age
• national origin
• religion
• sexual orientation
• gender identity and/or expression
• status as a veteran
• and basis of disability or any other federal, state, or local protected class

Pay Range USD $42,061.00 - USD $64,465.00 /Yr.