Commercial Loan Closer

North American Savings Bank • Kansas City, MO

1d • Hybrid

About The Position

North American Savings Bank (NASB) is seeking a Senior Commercial Loan Closer to join their Commercial & Construction Loan Servicing team. This role is responsible for closing loans within the commercial real estate and construction lending organization, with a particular emphasis on closing Residential Construction and Commercial Real Estate Construction loans. NASB prides itself on delivering top-notch customer service and financial solutions, supported by an outstanding work culture that rewards hard work, provides the right tools for success, and values a healthy, happy team. With over 92 years of success and continued growth, NASB is looking for new team members eager to grow with them.

Requirements

• Bachelor’s degree or other formal education preferred (with a focus on business, finance, risk management, or other similar areas)
• 7+ years of experience in commercial loan closing, processing, and funding, relevant title and/or legal experience.
• In-depth knowledge of commercial real estate lending, regulations and compliance.
• Significant experience proofreading and editing commercial real estate loan documents, including security agreements, deeds of trust, promissory notes, guarantees, and reviewing corporate entity documents.
• Credit and background checks will be required.

Nice To Haves

• Knowledge of LaserPro and Fiserv DNA core banking system is preferred.

Responsibilities

• Prepare and review loan documents ensuring accuracy and compliance with bank and regulatory requirements.
• Order or collect necessary documents such as title commitments, entity documents, tax certificates, flood certificates, etc.
• Conduct thorough due diligence reviews on commercial real estate properties, including title commitments, entity documents, tax certificates, flood certificates, etc.
• Ensure all information is accurate and that the Bank’s lien can be perfected.
• Enter and track trailing documents for own transactions.
• Enter loan data into the Bank’s core system in an accurate and timely manner.
• Coordinate with title, attorneys, and lending staff to ensure a smooth closing process, and that closing timelines are met.
• Prepare and review closing documents to verify accuracy and completeness.
• Prepare and complete initial loan disbursements in accordance with closing instructions and statements.
• Board loans post funding utilizing the Bank’s core system.
• Ensure excellent and proactive customer service when interacting with internal/external customers, and management.
• Address inquiries or issues within a timely manner.
• Maintain SLA, quality, and productivity measures.

Benefits

• Comprehensive health insurance (medical, dental, and vision coverage)
• 401(k) retirement plan with a 50% employer match on the first 6% of your contribution
• Generous paid time off (PTO) including 11 holidays, your birthday, and volunteer time
• Exclusive mortgage and banking benefits.
• Employee referral bonuses
• Internal training and development programs to help reach your career goals.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior