AVP, Loan Closer

Banc of California • Denver, CO

2d • $75,000 - $112,500

About The Position

The position will work directly with lending officers, credit underwriting, attorneys and clients from time of approval through closing to ensure conformance to credit policy and regulatory requirements. In addition this position will assist the Closing Department Manager with various duties as outlined below. Performs all duties in accordance with the Company’s policies and procedures, all U.S. state and federal laws and regulations, wherein the Company operates.

Requirements

• Minimum 5+ years SBA 7(a) Commercial Loan Closing Experience
• Advanced Construction Lending knowledge
• Advanced knowledge of escrow, title, UCC, and lender due- diligence/verification processes
• Advanced knowledge of commercial loan processing, documentation, closing procedures, underwriting requirements, and terminology
• Strong knowledge of the SBA SOP’s and requirements.
• Ability to manage multiple tasks/projects and deadlines simultaneously
• Possess strong analytical skills
• High School diploma or equivalent required

Nice To Haves

• College degree is preferred or equivalent experience

Responsibilities

• Ordering and review of title work, searches, flood searches, insurances, IRS transcripts and other items as needed for the processing of the loan.
• Review of legal documentation (contracts, leases, corporate documents) for new SBA commercial loans.
• Apply the SBA Standard Operating Procedures as it relates to proper SBA 7(a) documentation.
• Ensuring that the loan is set up correctly on the commercial loan system for servicing and for following up on any post -closing documentation items.
• Ensuring Credit is adhered to on all Closed Loans.
• Assist with various Loan Ops projects as needed.
• Updating and review of the Closing Guide.
• Backing up the construction project manager as needed.
• Assist with training and mentoring of new hires in the Closing Department.
• Backup the SBL Loan Closing Department Manager in other areas as needed.
• Follow all established policies and procedures.
• Perform other duties and projects as assigned.

Benefits

• 401k plan which includes a company match and immediate vesting
• Comprehensive insurance options including medical, dental, vision, AD&D, supplemental life, long-term disability
• Pre-tax Health Savings Account with employer contributions
• Pre-tax Flexible Spending Account (FSA)
• Adoption assistance
• Surrogacy assistance
• Fertility assistance
• Paid parental leave
• Family support solutions including care options for your family
• Paid vacation days
• Paid holidays
• Volunteer time off
• Tuition reimbursement
• Annual mentorship program
• Leadership development resources
• Access to LinkedIn Learning

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED