Commercial Loan Closing Coordinator

Pathfinder BankOswego, NY
55dOnsite

About The Position

We are seeking a proactive and detail-oriented Commercial Loan Closing Coordinator to support our commercial lending team. This role is pivotal in ensuring timely, accurate, and compliant closings for a variety of commercial loans. You'll serve as the key liaison between loan officers, attorneys, borrowers, and internal departments - keeping everything on track and in alignment.

Requirements

  • Experience in loan processing or closing, preferably in commercial lending
  • Strong organizational skills and attention to detail
  • Comfort working with Excel and document systems
  • Ability to manage multiple priorities and deadlines
  • Excellent communication and coordination skills
  • Associate's degree in finance, business, or equivalent work experience closing real estate loans
  • Excellent customer service skills and a professional demeanor
  • Intermediate computer proficiency (especially with Excel)
  • Strong oral and written communication skills
  • Basic math skills for loan calculations and document review
  • Ability to work in a fast-paced environment and manage multiple priorities effectively

Nice To Haves

  • Working knowledge of Federal and State loan compliance regulations
  • Familiarity with financial institution products and services
  • Prior experience in commercial or real estate loan processing or closing

Responsibilities

  • Prepare loan packages and instruction letters for external counsel; collaborate with bank counsel for finalization
  • Order appraisals, environmental reports, collateral searches, and supporting documentation
  • Track loan and line expiration dates, collaborating with lenders to ensure proper action is taken
  • Manage and monitor all commitment conditions to ensure timely clearance
  • Serve as the main point of contact for all parties involved in the closing process
  • Prepare and review closing documents, in-house or with closing counsel
  • Maintain Excel-based reports to track status, deadlines, and progress
  • Provide post-closing support during the transition to Quality Control

Benefits

  • Competitive compensation and benefits, including health coverage, 401(k) with company match, and generous paid time off
  • A commitment to career growth and internal mobility
  • Community-focused culture with paid volunteer opportunities
  • A supportive team that truly values your contributions

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume

What This Job Offers

Job Type

Full-time

Career Level

Entry Level

Industry

Credit Intermediation and Related Activities

Education Level

Associate degree

Number of Employees

101-250 employees

© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service