Loan Closing Administrator - Commercial Loan Fulfillment
About The Position
Zions Bancorporation is seeking a Loan Closing Administrator to join their Commercial Loan Fulfillment team. This role is crucial to the loan closing process, involving interaction with Relationship Managers, internal teams, and legal counsel to ensure a seamless closing. The administrator will review complex loan documentation and terms for consistency with credit approvals, prepare closing due diligence lists, and ensure all closing requirements are met in collaboration with the Relationship Manager team. Responsibilities also include collateral document review, clearing QC findings and document exceptions, and setting up post-close ticklers.
Requirements
- 4+ years of Complex C&I or Commercial Real Estate documentation/closing or other similar experience
- Working knowledge of Commercial and Industrial and/or Real Estate Loan Closing processes, or lending compliance and regulations, loan systems and loan documentation.
- Strong working knowledge of loan principles and processes.
- Ability to read and interpret complex loan and legal documentation.
- Strong analytical and research skills.
- Must be accurate, detail oriented and can multi-task and prioritize.
- Must have strong problem resolution, audit, customer service and communication skills, both verbal and written.
- Demonstrate the ability to utilize sound judgment and to proactively seek assistance when needed.
- Ability to work under limited supervision.
- Ability to communicate effectively with Relationship Managers internal/external legal counsel and Credit Management.
- Strong computer skills, including Microsoft Word and Excel and Adobe
- Bachelor’s degree in business, Finance or a related field. A combination of education and experience may meet requirements.
Responsibilities
- Review complex loan documentation and loan terms to ensure consistency with Credit approval
- Prepare a Closing Due Diligence needs list and work directly with the Relationship Manager team to ensure all closing requirements are met
- Collateral document review
- Clear QC findings, Document exceptions and setting up Ticklers for Post Close items
- Assist with training and mentoring less experienced loan specialists/closers may be required.
Benefits
- Medical, Dental and Vision Insurance - START DAY ONE!
- Life and Disability Insurance
- Paid Parental Leave
- Adoption Assistance
- Health Savings (HSA)
- Flexible Spending (FSA)
- Dependent care accounts
- Paid Training
- Paid Time Off (PTO)
- 11 Paid Federal Holidays
- 401(k) plan with company match
- Profit Sharing
- Mental health benefits including coaching and therapy sessions
- Tuition Reimbursement for qualifying employees
- Employee Ambassador preferred banking products
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
