Senior Closing Specialist - Credit Products
Flagstar Bank
•$75,296 - $117,009•Remote
About The Position
The Senior Closing Specialist - Credit Products handles all aspects of the loan closing process for both standard and complex Commercial and Industrial (C&I) transactions. This role serves as a subject matter expert and main liaison between lending, legal, and third-party providers. The Senior Closing Specialist ensures full alignment with credit approval terms and leads coordination of all activities leading to successful loan funding and booking.
Requirements
- Minimum experience required: 6+ Years of experience in commercial lending closing, preferably with experience handling complex transactions.
- Advanced knowledge of commercial loan documentation, credit terms, legal coordination and closing workflows.
- Strong communication and negotiation skills when working with internal and external partners.
- Ability to lead complex closings and solve problems independently.
- Proficiency in nCino, Nautilus, and MS Office Suite.
- Ability to manage shifting priorities and multiple deal pipelines.
Responsibilities
- Act as the lead closing contact for PCG, Credit Products Specialists, Legal, Title, and Escrow following loan approval.
- Manage all activities and address escalations to ensure smooth execution.
- Conduct detailed reviews of complex loan documents for consistency with credit approvals.
- Resolve discrepancies in collaboration with appropriate parties.
- Engage directly with title companies and escrow agents on transactions involving real estate.
- Review and approve settlement statements and coordinate all funding logistics.
- Validate that CRA data is accurate and that all booking and closing documentation is correctly uploaded in nCino.
- Prepare and upload all documents necessary to fund and book loans.
- Ensure timely and accurate processing of all closing tasks.
- Performs special projects, and additional duties and responsibilities as required.
- Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings.
- Accountable to maintain compliance with applicable federal, state and local laws and regulations.
Benefits
- medical, dental, vision, life, and disability insurance
- comprehensive leave program
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
