Loan Operations Commercial Loan Closer

Texas Capital Bancshares, Inc.•Richardson, TX

37d

About The Position

Texas Capital is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of the big firms at a scale that works for our clients, with highly experienced bankers who truly invest in people's success - today and tomorrow. While we are rooted in core financial products, we are differentiated by our approach. Our bankers are seasoned financial experts who possess deep experience across a multitude of industries. Equally important, they bring commitment - investing the time and resources to understand our clients' immediate needs, identify market opportunities and meet long-term objectives. At Texas Capital, we do more than build business success. We build long-lasting relationships. Texas Capital provides a variety of benefits to colleagues, including health insurance coverage, wellness program, fertility and family building aids, life and disability insurance, retirement savings plans with a generous 401K match, paid leave programs, paid holidays, and paid time off (PTO). Headquartered in Dallas with offices in Austin, Fort Worth, Houston, Richardson, Plano and San Antonio, Texas Capital was recently named Best Regional Bank in 2024 by Bankrate and was named to The Dallas Morning News' Dallas-Fort Worth metroplex Top Workplaces 2023 and GoBankingRate's 2023 list of Best Regional Banks. For more information about joining our team, please visit us at www.texascapitalbank.com. Brief Overview of Position The Loan Operations Commercial Closer is responsible for ensuring all commercial loans originated in the bank are closed in accordance with the loan approval and in accordance with the Bank's credit policy requirements. The loan closer collects and reviews all entity and collateral due diligence, engages the deal team to ensure loan documentation is consistent with the loan approval, and coordinates the final closing and funding activities in the loan cycle. The loan closer serves as the point of contact and process driver throughout the loan origination process.

Requirements

Required - Minimum 2 years commercial loan closing experience.
Required - Ability to manage multiple loans at one time in order to meet critical closing deadlines.
Required - Prior commercial loan closing experience to include due diligence requirements around commercial collateral and entity documentation. Demonstrated expertise in reviewing and interpreting of all types of loan documentation and lien perfection for attorney and internally prepared documents.
Required - Ability to interface effectively and build and maintain positive working relationships with executive management, clients, attorneys, title companies, third party consultants and handle confidential information with discretion.

Nice To Haves

Preferred - Degree preferred, but commensurate work experience will be strongly considered
Preferred - LaserPro knowledge
Superior oral and written communication skills
Proven history as a self-starter who can add value by driving process related decisions while working independently with a minimum amount of supervision.
Strong change management skills and ability to work at a consistently changing pace.
Proven history as a self-starter who can add value by driving process related decisions while working independently with a minimum amount of supervision.
Ability to obtain, analyze and synthesize information as well as multi-task under pressure.
Ability to communicate at all levels of the organization
Ability to manage a high volume of deadline driven work in a fast-paced environment
Ability to readily identify needs and requirements, and establish plans and processes to ensure successful results.
Superior client service skills/attitude.
Excellent problem-solving and critical thinking skills.
Proficient knowledge of Outlook, Word and Excel.

Responsibilities

Manage and lead the coordination of commercial loan closings from term sheet to initial funding and booking, for internally prepared and attorney prepared loan documents, by interfacing with internal business partners, clients, title companies, attorneys, and other third-party vendors and consultants.
Responsible for reviewing loan documentation against the formal credit approval and ensuring documents comply with current bank, federal and state policies as well as legal standards and system functionality.
Collect, review, and analyze due diligence required to close a commercial loan - including but not limited to, entity documentation, UCC searches, flood determinations, appraisal, environmental reports, insurance, title, survey, and all required documentation based on collateral type
Coordinate and prepare loan packages for closing utilizing wet signatures and/or DocuSign
Engage attorneys as needed and ensure the flow of information between the borrower, bank, and attorney firm
Manage post-closing requirements, weekly past due and maturing loan reports.
Obtain and transmit original loan documents and review and clear all loan collateral exceptions.
Assist Relationship Managers with processing renewals and modifications on applicable loans in the commercial loan portfolio.
Establish and maintain effective relationships with customers, business partners and team members to ensure an exceptional client experience.
Assist management with various operational duties and responsibilities.
Assist with special projects, as necessary.
Other duties may be assigned.
Abide by Texas Capital Bank policies, procedures, and regulatory compliance guidelines.