Business Credit Services Loan Closer

Home Bank•Lafayette, LA

18d

About The Position

This position is responsible for reviewing and preparing commercial loan closing documentation in accordance with loan policy and applicable state and federal regulations. The Loan Closer verifies documentation and closing details to support accurate loan packages and proper lien perfection, and works with internal clients and Loan Servicing personnel to address transaction questions and exceptions. The role also includes preparing management reports, calculating final loan amounts, balancing settlement statements, tracking approved exceptions, and maintaining current knowledge of legal and compliance issues. A high level of customer service and the ability to work under strict deadlines and shifting priorities are required.

Requirements

Bachelor’s degree in business or equivalent years of relative 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 an accurate loan package.
Strong interpersonal, communication, and customer service skills.
Knowledge of principles and processes for providing customer and personal services, 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 a period without distraction.
Ability to take initiative, support strategic priorities, take ownership of assigned projects, and independently drive results.
Good credit is required; a credit report is required for employment.

Nice To Haves

Proficiency with Microsoft Office, especially 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, signatures required for lien perfection, preliminary title information, endorsements, lien position, insurance coverage, and flood requirements.
Independently identify the documentation required to ensure proper lien perfection.
Verify that appropriate authority has been provided for loan approval.
Prepare monthly reports as defined by management.
Maintain current knowledge of legal and compliance issues to ensure loans processed 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 customer service, assistance, and consultation to internal clients 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.
Perform additional duties as assigned.