Commercial Loan Closing Coordinator
About The Position
About UMWSB: We are not your typical bank, and we like it that way. Our four business pillars, SBA Lending, Consumer Lending, Mortgage Lending, and Deposit Banking allow us to attract unique candidates of all experience levels to join our growing team. What We Stand For Our products, services, and expertise have the feel of a small community bank, but the reach of a national brand. We at United Midwest Savings Bank are proud of the responsible, ethical manner in which our company has operated since its opening. We realize our success is a direct result of meeting our customer's needs and we continue to operate with your interests as our guide. Employment Type: Full-Time, Exempt Location : Columbus, Ohio Reports to : Closing Manager Please note, this is not a remote position, office attendance will be required based on current hybrid schedules. Position Summary: The Loan Closing Coordinator's primary responsibility is to ensure compliance with SBA requirements as well as recognizing and proactively resolving problems in the closing process to ensure accuracy and completion of all necessary loan documents. Responsible for facilitating document preparation and commitment of SBA loans. Acts as a courteous and beneficial liaison between customers, departments and outside professional.
Requirements
- High School Diploma or GED; and a minimum of 1 year of consumer/business loan doc prep, analysis, document review, and/or quality review
- Paralegal Certificate a plus
- Experience with SBA and/or USDA documentation
- Excellent verbal and written communication skills; must be able to effectively communicate with bank personnel of all levels, and bank clients
- Strong analytical, organization, and problem-solving skills
- Excellent time management skills with the ability to work independently, establish priorities and meet deadlines with minimal supervision.
- Basic Office Machine Operation Skills, Printers, Scanners, Copiers, Fax, postage machine, etc.
Responsibilities
- Document Review: Complete a detailed review of the loan approval to determine borrowers, guarantors, collateral and other required closing conditions. Identify missing or incorrect information and coordinate necessary corrections.
- Compliance: Review loan files and documentation for accuracy, completeness, and compliance. Ensure legal and SBA requirements are satisfied.
- Closing Coordination: Prepare accurate commitment packages before closing.
- Loan Disbursement & Draw Administration: Monitor draw loans for disbursement and reconcile all invoices.
Benefits
- Paid Time Off (PTO)
- Medical / Dental / Vision
- 401K
- Paid Family Leave
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
High school or GED
