Business Banking Closing Specialist

Huntington National Bank•Tupelo, MS

3d•Onsite

About The Position

The Business Banking Closing Specialist provides administrative support to the Business Banking Sales Team and coordinates the closing of business loans. The role involves day-to-day customer interaction, obtaining collateral reports and other information needed to satisfy credit approval terms, and working with Sales, Credit, Loan Servicing, and third-party vendors to support efficient, timely closings. The specialist processes small business loans through closing within expected service levels and works with UCC-secured loans, titled collateral, commercial real estate, construction, and public-sector programs. The position also supports lending customers, coordinates closing dates, manages an active pipeline, assists with monthly maturities and collateral exceptions, and helps ensure proper loan and collateral documentation by staying current on relevant laws, regulations, policies, and procedures. Other duties may be assigned. The position is office-based. Certain positions outside the branch network may be eligible for flexible arrangements combining office and work-from-home time; specific arrangements are provided by the hiring team.

Requirements

High school diploma required.
At least 1 year of loan processing or closing experience and/or real estate loan or title company experience.
Outgoing, strong sales/customer-service personality; the role requires calling and constant customer interaction.
Strong written and verbal communication skills.
Organizational skills.
Excellent PC skills, including Microsoft Office software.
Ability to interact with internal and external customers to achieve positive results and work in a fast-paced, production environment.
Must be currently authorized to work in the United States on a full-time basis; immigration sponsorship is not available.

Nice To Haves

Experience with Business Banking or commercial closing documentation.
Paralegal Certificate.
Associate degree.

Responsibilities

Generate term sheets and commitment letters.
Communicate with customers and provide day-to-day customer service.
Order third-party reports and title work, and track expenses and fees.
Engage legal counsel for trusts, deed restrictions, and unique language.
Collect items required to clear conditions to close and drive deals toward closing.
Provide administrative support to the Business Banking Sales Team and coordinate business loan closings.
Partner with Sales, Credit, Loan Servicing, and third-party vendors to support efficient and timely closings.
Process small business loans in preparation for closing within expected service levels.
Obtain collateral reports and information required to meet credit approval terms and conditions.
Work with UCC-secured loans, titled collateral, commercial real estate, construction, and public-sector programs.
Assist with providing service to Huntington lending customers.
Coordinate closing dates with customers and markets while managing an active pipeline.
Assist with monthly maturities and resolution of collateral exceptions.
Ensure proper loan and collateral documentation by staying current on and interpreting applicable laws, regulations, policies, and procedures.
Perform other duties as assigned.