Loan Closing Associate - Commercial Bank

We are seeking a Loan Closing Associate to join our Commercial Client Operations team. As a Loan Closing Associate, you will be responsible for reviewing complex loan documents, driving deal closing calls, and ensuring that transactions are closed in compliance with the bank's loan policy.

Responsibilities:

• Review complex loan documents and drive deal closing calls with internal and external deal team members and counsel
• Ensure legal documentation accurately reflects the intentions of the credit approval
• Facilitate teamwork and continuity among stakeholders
• Solid knowledge required for the role, with the ability to gain new knowledge when required
• Positively accept change and engage productively with the team and relevant stakeholders
• Ensure transactions are closed in compliance with the bank's loan policy and other requirements designated by the credit approval
• Work with the Relationship Manager/Underwriter to understand the transaction and obtain all relevant documentation for a timely closing
• Liaise and coordinate pre-closing requirements with internal and external clients
• Demonstrate ability to balance required regulatory and policy requirements when making decisions
• Remain current on all pending and proposed regulatory changes affecting compliance
• Ensure Know Your Customer (KYC) requirements have been met prior to closing a transaction
• Resolve issues that might impede closing and use judgment to involve the manager and internal counsel when required
• Complete post-closing steps to ensure that all necessary documentation is received by downstream partners
• Monitor and clear loan exceptions, respond to audit requests, book and fund new loans, and perform process quality reviews

Requirements:

• High School Diploma, GED or equivalent certification
• At least 1 year of Loan Closing or Loan Servicing experience in Commercial or Business Banking
• Reliable private internet connection and a secure home office environment
• Live within approximately 50 miles of one of the hub locations (Plano, TX, Richmond, VA, or Charlotte, NC)

Preferred Qualifications:

• Bachelor's Degree or Military experience
• 2+ years of Commercial Loan Closing or Commercial Loan Servicing experience
• 2+ years of Loan Syndication experience
• 1+ years of experience with ACBS

Salary:

• $66,700 - $76,100 per year (depending on location)

Benefits:

• Comprehensive, competitive, and inclusive set of health, financial, and other benefits