Business Credit Services Loan Closer

Home Bank•Lafayette, LA

About The Position

This position reviews and prepares commercial loan closing documentation in accordance with loan policy and applicable state and federal regulations. It verifies the accuracy and completeness of loan documentation, including entity records, legal descriptions, closing dates, signatures needed for lien perfection, preliminary title information, insurance coverage, and flood requirements. The role independently identifies documentation needed for proper lien perfection, confirms appropriate loan approval authority, calculates final loan amounts, and ensures settlement statements balance. The Loan Closer prepares monthly reports, tracks and verifies management-approved exceptions, scans and indexes documents and daily work, and works with Loan Servicing personnel to resolve loan exceptions. The position also keeps lenders informed about changes to loan-related fees and other relevant information, and provides internal clients with customer service, assistance, and consultation about transactions and potential issues. The employee maintains current knowledge of legal and compliance matters and performs additional duties as assigned. Home Bank is an equal opportunity employer. Good credit is required, and a credit report is required for employment.

Requirements

Bachelor’s degree in business or equivalent years of relevant experience.
Three years of banking experience, with two or more years preferably in a loan documentation environment.
Good computer, analytical, and organizational abilities, with attention to detail.
Ability to work under strict deadlines with shifting priorities.
Ability to apply independent thought and logic to provide customers with accurate loan packages.
Strong interpersonal, communication, and customer service skills.
Knowledge of customer and personal service principles and processes, including assessing customer needs, meeting service quality standards, and evaluating customer satisfaction.
Ability to apply general rules to specific problems to produce sensible answers.
Ability to concentrate on a task over time without distraction.
Ability to take initiative, support strategic priorities, take ownership of assigned projects, and independently drive results.
Good credit; a credit report is required for employment.

Nice To Haves

Proficiency with Microsoft Office, particularly Excel and Word.
Knowledge of the Laser Pro System.
Two or more years of experience in a loan documentation environment.

Responsibilities

Review and prepare accurate commercial loan closing documentation in accordance with loan policy and state and federal regulations.
Verify loan documentation, including entity documentation, legal descriptions, closing dates, required signatures for lien perfection, preliminary title information and endorsements, lien position, insurance coverage, and flood requirements.
Independently identify the documentation required to ensure proper lien perfection.
Verify appropriate authority for loan approval.
Prepare monthly reports as defined by management.
Maintain current knowledge of legal and compliance issues to ensure processed loans adhere to applicable state and federal regulations.
Calculate final loan amounts and ensure settlement statements are balanced.
Keep lenders informed of changes in loan-related fees and other relevant information.
Provide internal clients with customer service, assistance, and consultation regarding transactions and potential issues.
Track exceptions approved by management before closing and ensure exceptions are appropriately approved.
Scan and index documents and daily work.
Work with Loan Servicing personnel to resolve loan exceptions.
Accept additional duties as assigned.