What are the responsibilities and job description for the Senior Commercial Loan Closer position at Calculated Hire?
Senior Commercial Loan Closing Specialist
Location: Chandler, AZ (M-W onsite, Th-F remote)
Schedule: Monday - Friday 8-5
6-month Contract to Hire (W2), Weekly Pay (40 hours/week)
Job Description
About this role:
Calculated Hire is seeking a Senior Commercial Loan Servicing Specialist in Agency Services, for our Fortune 100 Financial client.
In this role, you will:
- Lead a variety of pre-close activities for moderately complex to complex commercial loans, including coordinating all aspects of loan closings
- Accurately evaluate and upload data into the systems of record to ensure compliance with all bank policies, procedures and regulatory requirements
- Document and coordinate legal activities for loan documentation that may also include documentation purchased from third party sources, with internal staff and the Corporate Legal group
- Work collaboratively with Credit, Sales and Legal regarding proper procedures and documentation requirements necessary to ensure accuracy with negotiated terms and ensure alignment with appropriate compliance standards
- Review and negotiate complex legal documentation, evaluate risks, develop strategies to mitigate documentation risk and identify procedural modifications
- Serve as an escalation point in the resolution of client issues
- Conduct quality reviews and monitor key performance metrics as related to efficiencies and effective processes
- Identify activities of the team to ensure conformity with established procedures
- Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
- Interact with internal customers
- Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements
Required Qualifications:
- 4 years of Commercial Loan Closing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- Proficient in reading and understanding highly complex loan documentation
- Extensive knowledge of Loan IQ
- Extensive Syndication Experience
- Ability to demonstrate interpersonal, organizational, and effective leadership skills
- Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
- Exceptional verbal, written, and interpersonal communication skills
- Ability to interact with all levels of an organization, including management
- Excellent critical thinking and problem-solving skills, as well as the ability to embrace and adapt to change
- Effective analytical skills including ability to analyze metrics
- Sound knowledge of Microsoft Office (Work, Excel, & Outlook)
About the team:
Commercial Loan Closing: Covers jobs responsible for assembling, preparing and reviewing commercial closing documents for loans/transactions; the initial boarding and funding of deals/transactions/facilities onto accounting systems of record. This may include in depth review of collateral, legal agreements and credit approvals to ensure final executed details are captured accurately and regulatory and company requirements are met.
Salary : $85,000 - $95,000
