Loan Closing Specialist

Capital Bank•Rockville, MD

7d•$30 - $37•Hybrid

About The Position

The Loan Closing Specialist is primarily responsible for managing the documentation and closing process for assigned commercial and consumer loans either through close coordination with outside counsel or by preparing internal LaserPro or Encompass loan documents. Capital Bank N.A. is headquartered in Maryland and has been serving our communities since 1999. We stand as a publicly traded company (NASDAQ: CBNK) with over $3 billion in assets. We offer commercial and consumer banking services to clients primarily in Maryland, DC, and Northern Virginia, alongside two nation-wide lending brands; Capital Bank Home Loans and OpenSky, a credit card division that offers and services credit cards across all states. Our personalized approach to banking, paired with cutting-edge technology solutions and a comprehensive suite of products and services, fuels our growth, and enables us to support our customers at every stage in their financial journey. Come join a bank where our employees thrive and are engaged in meaningful work. For the last 6 out of 7 years, Capital Bank was named one of the "Best Banks to Work For" in the U.S. by American Banker.

Requirements

4+ years experience in a commercial loan documentation or servicing role.
Knowledge of lending and banking policies, procedures, and regulations.
Strong understanding and knowledge in working with commercial and consumer legal documentation, collateral, various legal entities, and the associated processes related to loan settlement processes.
Firm understanding of regulations related to commercial lending, and working knowledge of consumer regulations such as Reg Z, TRID and Flood.
Microsoft Office software suite (Word, Excel).
Excellent oral and written communication skills

Nice To Haves

Preferred experience with the LaserPro loan documentation system.

Responsibilities

Analyze loan approval packages for completeness, accuracy and conformance with bank polices and department procedures.
Verify due diligence and required documents from third parties are received and accurate.
Manage competing priorities and coordinate multiple requests to meet closing deadlines.
Prepare loan documents for new loans, modifications, and renewals using LaserPro, Encompass, or working with legal counsel. The scope includes commercial, commercial real estate, construction and SBA loans, as well as various consumer loans and mortgages.
Review attorney prepared loan documents for accuracy and policy conformance.
Interact with loan officers, attorneys and bank personnel to coordinate loan document preparation, closing and funding.
Conduct pre-closing review to ensure internally or externally prepared loan documents comply with approval and Bank policy and that pre-closing conditions are met.
Conduct post-closing review of loan files to confirm compliance with closing conditions and completeness of package.
Complete checklists and internal control documents to maintain data integrity and loan input quality.
Comply with all federal and state rules and regulations that affect this job position and perform the required ongoing training for those regulations as directed by the Compliance Officer.
Participate in special projects and other job duties as assigned.