Commercial Ag Pre-Closer
About The Position
The Commercial Ag Pre-Closer ensures loan files contain all required documentation, that information is verified, and that files comply with applicable loan policies and are ready for closing. The role provides customer service, tracks missing items and exceptions, coordinates with Lending Assistants to resolve discrepancies, and prepares closing memos and clear-to-close decisions. The position also requires compliance with bank policies, procedures, and applicable federal and state regulations, including Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Office of Foreign Assets Control (OFAC), and USA PATRIOT Act requirements. The employee is expected to maintain job knowledge, manage workload and time effectively, and follow attendance and break policies.
Requirements
- High school diploma required.
- Valid driver’s license.
- Follow applicable bank policies, procedures, and regulatory requirements.
- Meet the stated non-exempt/hourly competencies for job knowledge, productivity, and attendance.
Nice To Haves
- One to three months of related experience preferred.
Responsibilities
- Compare loan requests with loan proposals and officer approvals for accuracy.
- Verify that closing requirements have been fulfilled.
- Review loan documents before printing.
- Review loan files to confirm all required documentation has been collected, including financial statements, tax documents, appraisals, corporate resolutions, and title work with sufficient coverage.
- Record missing items in the pending/missing database.
- Compare loan worksheets with approvals and supporting documentation to ensure information is accurate.
- Track exceptions and verify appropriate approvals have been collected.
- Work with the Lending Assistant to correct discrepancies.
- Create closing memos documenting items that must be completed at closing.
- Provide a clear to close when loan files are accurate and ready for closing documents to be created.
- Comply with and satisfactorily pass tests covering applicable bank policies and regulations.
- Follow bank policies, procedures, and applicable regulatory requirements, including BSA, AML, OFAC, and USA PATRIOT Act requirements.
- Accurately complete Currency Transaction Reports when applicable, adhere to customer identification and due diligence requirements, and report suspicious activities to the BSA Department.
- Perform other duties as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
High school or GED
