Commercial Loan Closer

First Central Saving Bank • Glen Cove, NY

13d • $50,000 - $85,000 • Onsite

About The Position

The Closer is responsible for ensuring the accurate and timely review of loan documentation to facilitate the closing of commercial loans. This role involves coordinating with various departments, strong attention to detail as well as exceptional communication skills to ensure compliance with bank policies and regulatory requirements. Salary Range $50k - $85K commensurate with experience (This is not a remote position)

Requirements

• Prior commercial loan closing/funding experience at a commercial bank
• Experience and familiarity with legal documents related to commercial loan transactions
• Excellent attention to details, and ability to adhere to established Bank lending policies
• Ability to communicate professionally and concisely with Bank attorneys, third party vendors, and loan administration personnel
• Fluent with Excel, Word, and Outlook applications

Responsibilities

• Responsible for the Pre-closing, and Post-closing review of commercial real estate loan documents, title reports, insurance Acord documents, etc. to ensure accuracy and perfection of the Bank’s secured interest.
• Coordinate real estate appraiser and environmental engineer bidding process.
• Preparation of closing settlement statement and loan packages for system booking.
• Monitor and reconcile various general ledger accounts related to commercial loan closings.
• Assist with other loan administration department tasks as needed.
• Ensure compliance with all regulatory requirements and internal policies
• Able to prioritize tasks, deal effectively with competing and changing priorities, and meet deadlines.
• Accurate, detail-oriented, and organized. Able to analyze and resolve routine problems and situations.
• Good verbal and written communication skills and interpersonal skills to interact professionally and effectively with members, staff, vendors, and government regulators.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed