Business Banking Closing Specialist

Huntington National Bank•Little Rock, AR

1d•Onsite

About The Position

The Business Banking Closing Specialist provides administrative support to the Business Banking Sales Team and coordinates the closing of Business Banking loans. The role supports day-to-day interactions between Huntington and clients, processes small business loans in preparation for closing, and obtains the collateral reports and other information needed to satisfy credit approval terms and conditions. The specialist works with UCC-secured and titled collateral, commercial real estate, construction, and public sector programs. The position partners with Sales, Credit, Loan Servicing, and third-party vendors to facilitate efficient and timely closings. It also supports customer service, manages an active loan pipeline and monthly maturities, resolves collateral exceptions, and ensures proper loan and collateral documentation by staying current with applicable laws, regulations, policies, and procedures. Other duties may be assigned.

Requirements

High school diploma required.
At least 1 year of loan processing or closing experience and/or real estate loan or title company experience.
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.
Outgoing personality with strong sales and customer service orientation; the role requires calling and constant customer interaction.

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 client support.
Order third-party reports and title work; track expenses and fees.
Engage legal counsel for trusts, deed restrictions, and unique language.
Collect items needed to clear conditions to close and move deals toward closing.
Provide administrative support to the Business Banking Sales Team and coordinate Business Banking loan closings.
Partner with Sales, Credit Partners, Loan Servicing, and third-party vendors to support 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.
Coordinate closing dates with customers and markets while managing an active pipeline.
Assist with monthly maturities and resolve collateral exceptions.
Ensure proper loan and collateral documentation by staying abreast of and interpreting relevant laws, regulations, policies, and procedures.
Perform other duties as assigned.