AVP, Loan Closer

Banc of California•Denver, CO

1d•$75,000 - $112,500

About The Position

The AVP, Loan Closer works directly with lending officers, credit underwriting, attorneys, and clients from loan approval through closing to ensure compliance with credit policy and regulatory requirements. The role also assists the Closing Department Manager with departmental duties and performs work in accordance with company policies and procedures and applicable U.S. state and federal laws and regulations.

Requirements

Minimum 5 years of SBA 7(a) commercial loan closing experience.
Advanced construction lending knowledge.
Advanced knowledge of escrow, title, UCC, and lender due-diligence and verification processes.
Advanced knowledge of commercial loan processing, documentation, closing procedures, underwriting requirements, and terminology.
Strong knowledge of SBA SOPs and requirements.
Ability to manage multiple tasks, projects, and deadlines simultaneously.
Strong analytical skills.
High school diploma or equivalent required.

Nice To Haves

College degree or equivalent experience.

Responsibilities

Order and review title work, searches, flood searches, insurance, IRS transcripts, and other items needed to process loans.
Review legal documentation, including contracts, leases, and corporate documents, for new SBA commercial loans.
Apply SBA Standard Operating Procedures to proper SBA 7(a) documentation.
Ensure loans are set up correctly on the commercial loan system for servicing and follow up on post-closing documentation items.
Ensure credit requirements are adhered to on all closed loans.
Assist with Loan Operations projects as needed.
Assist with updating and reviewing the Closing Guide.
Back up the construction project manager as needed.
Assist with training and mentoring new hires in the Closing Department.
Back up the SBL Loan Closing Department Manager in other areas as needed.
Follow established policies and procedures.
Perform other duties and projects as assigned.

Benefits

401(k) plan with company match and immediate vesting.
Medical, dental, vision, AD&D, supplemental life, and long-term disability insurance options.
Health Savings Account with employer contributions and Flexible Spending Account.
Adoption, surrogacy, and fertility assistance.
Paid parental leave and family support solutions, including family care options.
Paid vacation days, holidays, and volunteer time off for eligible team members.
Tuition reimbursement.
Annual mentorship program.
Leadership development resources.
Access to LinkedIn Learning.