Consumer Loan Closer
About The Position
The Consumer Loan Closer is responsible for preparing, reviewing, and finalizing consumer loan documents to ensure accurate and timely loan closings. This role is a critical checkpoint between loan approval and funding, ensuring compliance with internal policies, regulatory requirements, and consumer expectations. Closing Coordinator works closely with Underwriters, and Relationship Managers to resolve any discrepancies or issues identified in file, in a timely and professional manner. This individual must possess excellent organization skills, problem solving skills, and must be able to work in a fast-paced environment.
Requirements
- 3-5 years of relevant experience.
- Must possess knowledge and understanding of consumer lending, loan terms, credit underwriting, and consumer lending regulations.
- Strong written and verbal communication and organizational skills, with the ability to effectively multi-task.
Nice To Haves
- Bachelor’s degree preferred.
Responsibilities
- Complete pre-closing file review for quality check and determination that all pre-closing requirements and conditions have been met, including detailed collateral where applicable.
- Preparation and generation of loan documents following established processes, procedures, and regulations.
- Coordinate closings with borrowers for electronic closings (DocuSign) or with originating Relationship Mangers for in-person closings.
- Perform post-closing file review for quality check to ensure loan documents executed correctly and any post-closing requirements and conditions have been met.
- Coordinating bookings and fundings with Loan Operations Department.
- Maintain detailed and accurate records of loan documentation.
- Ensure adherence to established policies and procedures, as well as maintenance with service level agreements.
- Work closely and provide support to all affiliated charters to help build strong relationships with customers.
- Other duties as directed.
Benefits
- Medical Insurance
- Dental
- Vision
- Life insurance
- Accidental death and dismemberment
- Short-term and long term Disability Insurance
- Parental Leave
- Employee Assistance Program (EAP)
- Traditional and Roth 401(k) with company match
- Flexible Spending Account (FSA)
- Employee Stock Purchase Plan at 5% discount
- Critical Illness Insurance
- Accident Insurance
- Transportation and Commuting Benefits
- Banking Benefits
- Pet Insurance
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
