Business Banking Closing Specialist

Huntington National Bank • Midland, MI

7d • Onsite

About The Position

The Business Banking Closing Specialist provides administrative support for the Sales Team and is responsible for providing quality customer service through day-to-day interaction between Huntington and the client, coordinating the closing of Business Banking Loans. This role obtains all necessary collateral reports and information required to meet the terms and conditions of credit approval. The specialist will generate term sheets/commitment letters, communicate with customers, order all 3rd party reports and title work, track expenses and fees, engage legal counsel for trusts, deed restrictions, and unique language, collect items required to clear conditions to close, and drive a deal toward closing. The role partners with the Sales Team, Credit Partners, Loan Servicing, and 3rd party vendors to ensure efficient and timely closings. The specialist processes Business Banking small business loans in preparation for closing within expected service levels and works with UCC secured, titled collateral, commercial real estate, construction, and public sector programs. This role assists in providing exemplary service to lending customers of Huntington, coordinates the closing date with the customer and the markets, while managing an active pipeline, and assists with the management of monthly maturities and the resolution of collateral exceptions. Ensures proper loan and collateral documentation by staying abreast of and interpreting various laws, regulations, policies, and procedures of loan documentation. Performs other duties as assigned.

Requirements

• High School Diploma required
• At least 1 year of loan processing/closing experience and/or real estate loan/Title company experience
• A very outgoing, strong Sales/Customer Service Personality required
• Role requires calling and constant customer interaction
• Strong written and verbal communication skills
• Organizational skills
• Must have excellent PC skills to include Microsoft Office software
• Ability to interact with internal and external customers to achieve positive results and work in a fast-paced, production environment
• Applicants must be currently authorized to work in the United States on a full-time basis.

Nice To Haves

• Experience with Business Banking/Commercial closing documentation
• Paralegal Certificate
• Associate Degree

Responsibilities

• Generate term sheets / commitment letters
• Communicate with customers
• Order all 3rd party reports and title work
• Track expenses and fees
• Engage legal counsel for trusts, deed restrictions, and unique language
• Collect items required to clear conditions to close
• Drive a deal toward closing
• Provide administrative support for the Business Banking Sales Team
• Coordinate the closing of Business Loans
• Partner with Sales Team, Credit Partners, Loan Servicing and 3rd party vendors to ensure efficient and timely closings
• Process Business Banking small business loans in preparation for closing within expected service levels
• Obtain all necessary collateral reports and information required to meet the terms and conditions of credit approval
• Work with UCC secured, titled collateral, commercial real estate, construction, and public sector programs
• Assist in providing exemplary service to lending customers of Huntington
• Coordinate the closing date with the customer and the markets, while managing an active pipeline
• Assist with the management of monthly maturities and the resolutions of collateral exceptions
• Ensure proper loan and collateral documentation by staying abreast of and interpreting various laws, regulations, policies and procedures of loan documentation
• Perform other duties as assigned

Benefits

• Huntington will not sponsor applicants for this position for immigration benefits, including but not limited to assisting with obtaining work permission for F-1 students, H-1B professionals, O-1 workers, TN workers, E-3 workers, among other immigration statuses.

What This Job Offers

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