Closing Specialist

Lowell Five Bank•Tewksbury, MA

7d•$28 - $32•Onsite

About The Position

Lowell Five Bank, with $1.9 billion in assets, over 200 employees, and 16 banking and lending locations throughout the Merrimack Valley and Southern New Hampshire, is committed to playing a vital role in the economic vitality of the region. The bank supports employee engagement in community boards and organizations and is proud of its employees' longevity. Lowell Five offers career development and educational programs to support personal and professional growth, along with a benefit package designed to support each employee's best life. More information can be found at www.lowellfive.com.

Requirements

Working knowledge of various legal closing documents and TRID regulations.
Willingness and aptitude to learn new systems is required to support Bank growth and expansion of services.
Working knowledge of Microsoft Office is required.
Detail-oriented with strong organizational skills.
Ability to multi-task, prioritize, and meet deadlines under variable conditions.
Flexibility and ability to adapt to change.
Ability to build and maintain relationships and work effectively with the team.
Strong communication and customer-service skills.
High degree of initiative, dependability, and ability to work independently.
Must be willing and able to report to Headquarters in Tewksbury five full days a week.

Nice To Haves

Minimum of two years’ experience in real estate loan closing strongly preferred.
Working knowledge of Finastra and/or Epic system(s) is preferred.

Responsibilities

Coordinates loan closings with attorneys when they are cleared to close.
Prepares Closing Disclosures in adherence to regulatory and Bank guidelines, which includes obtaining approval from the respective attorneys and following up with the clients for acknowledgments.
Reviews residential mortgage files and commercial loan closing packages to ensure accuracy and completeness.
Prepares balance sheets, confirms disbursement amounts at closing.
Approves settlement statement, verifies the net funding amount, and prepares funding requests.
Prepares checklists for closed loan packages; notifies attorneys of errors and track receipts of corrected documents.