Loan Closer

Alma Bank • New York, NY

19h • $75,000 - $100,000 • Onsite

About The Position

The Loan Closer is responsible for preparing, coordinating, and executing the closing and funding of Commercial Real Estate (CRE) and Commercial & Industrial (C&I) loan transactions in accordance with Bank policies, regulatory requirements, and established procedures. This role requires a highly detail-oriented professional who can effectively manage multiple priorities, ensure all closing requirements are satisfied, and maintain a high degree of accuracy throughout the loan closing process. The ideal candidate is a self-starter with a strong work ethic who is dependable, accountable, and committed to providing exceptional internal and external customer service.

Requirements

• Strong knowledge of commercial lending documentation, loan closing procedures, and title review processes.
• Exceptional attention to detail and accuracy with the ability to identify and resolve discrepancies.
• Self-motivated and able to work independently while managing multiple deadlines in a fast-paced environment.
• Responsible and reliable with a strong sense of ownership and accountability.
• Excellent organizational, time management, problem-solving, and communication skills.

Nice To Haves

• nCino
• LaserPro
• Excel
• FIS Insight

Responsibilities

• Review underwriting approvals and loan commitments for each loan file to ensure closing packages accurately reflect approved terms and conditions.
• Verify that all closing conditions have been met and all title, legal, and documentation issues have been resolved prior to closing.
• Prepare loan files for closing, including reviewing legal documents for accuracy, calculating closing figures, and preparing any additional required documentation.
• Coordinate and execute loan closings and funding activities in accordance with established policies and procedures.
• Prepare loan booking packages and submit completed files to Loan Operations within three business days of closing.
• Process renewals, modifications and extensions for CRE and C&I loans, ensuring all required approvals and documentation are obtained.
• Maintain accurate records and documentation while adhering to regulatory requirements, internal controls, and audit standards.
• Communicate effectively with lenders, attorneys, title companies, borrowers, and internal departments to facilitate a smooth closing process.

Benefits

• Salary commensurate with experience.
• Alma Bank employees work in an open and collaborative environment.
• Alma Bank Offers its eligible employees a generous matching 401(k), excellent healthcare coverage (medical/dental/vision), short and long term disability, life insurance and long term care options.

What This Job Offers

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