Commercial Closing Officer (Hybrid- Wilmington, DE or PA)

M&T Bank • Bethlehem, PA

395d • $51,501 - $85,842 • Hybrid

About The Position

The Commercial Closing Officer is responsible for ensuring the completion and delivery of the Bank's commercial closing capabilities for all assigned loans. This role serves as the first line of defense in adhering to necessary controls to mitigate risk exposure. The officer works closely with the account relationship team to document and close loans accurately and timely, ensuring compliance with credit terms and regulatory requirements.

Requirements

• Bachelor's degree and a minimum of two years related commercial loan closing experience, or a combined six years of higher education and/or work experience with two years of related experience.
• Knowledge of the commercial closing process, loan documentation, and applicable regulations.
• Strong detail orientation for examining information and resolving issues.
• Strong interpersonal skills for business partner relationships.
• Ability to work independently and as part of a team.
• Self-motivated and well-organized individual.
• Ability to work under time constraints and handle multiple tasks.
• Good verbal and written communication skills.

Nice To Haves

• Familiarity with Loan Approvals and Escalation/Exception Requirements.
• Knowledge of unit/department policies and procedures.
• Knowledge of applicable products, systems, and workflows.
• Paralegal experience and experience in lending operations, underwriting, and customer service.

Responsibilities

• Validate Loan Closing Documentation and pre-closing Due Diligence Requirements for each loan.
• Review, interpret, and validate loan documentation according to M&T Legal guidance.
• Complete the Commercial Closing Checklist and ensure all required documents are captured correctly.
• Submit the completed Commercial Closing Checklist to the Senior Closing Officer for review.
• Follow up with approved Bank counsel and other partners to finalize loan documentation and funding.
• Address discrepancies and issues found during due diligence and loan closing processes.
• Coordinate with team members to resolve escalated problems and exception requests.
• Communicate effectively with co-workers to foster a positive team environment.
• Confirm loan closing and satisfactory review of executed loan documents with Senior Closing Specialist.
• Maintain up-to-date knowledge of processes and procedures related to closing capabilities.
• Manage time effectively to meet deadlines while handling multiple closing requests.
• Assist and provide backup to other closing team members as needed.
• Attend departmental training calls to stay current on procedures and regulatory updates.
• Report customer complaints to the Office of Customer Advocacy as appropriate.
• Adhere to the Company's risk and regulatory standards and identify risk-related issues.

Benefits

• Competitive pay range of $24.76 - $41.27 per hour.
• Hybrid work environment.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees