Commercial Loan Closer and Servicing Specialist

What you will do

• Partners with Loan Officers, Underwriters and attorneys as primary liaison with customers, attorneys, and title company representatives, during all phases of closing.
• Addresses clearing conditions required for underwriting and closing.
• May oversee analysis of applicant's financial data to evaluate credit worthiness. Makes decisions on loans within limits or makes recommendations.
• Directs and oversees the closing process for all new, modified, and extended loans.
• Works with attorneys to prepare loan documents once final committee approval is issued.
• Proactively interacts with various stakeholders to minimize the time and interruption to close a loan.
• Ensures receipt and review of all loan closing documents to guarantee accurate loan document creation and lien perfection.
• Reviews draft closing documents and settlement statements for accuracy, facilitate necessary corrections and obtain final approval from Underwriting and Asset Management.
• Assists with funding disbursements at closing.
• Performs post-closing review of loan files to ensure executed documents have accurate and complete signatures before delivery to Custodian and Servicing.
• Coordinates with Servicing and Asset Management related servicing functions
• Approves Survey and title orders.
• Approves Title - determines the property's ownership and any encumbrances are clear and valid, allowing the Company to proceed with the loan.
• Reviews and approves Loan Documents as assigned by Management.
• Approves payment of attorney fees.

Qualifications

• Bachelor's Degree degree in Business, Information Technology, or similar fields ideal Required
• 4-6 years related work experience in commercial loan closing processes Required
• Knowledge of key aspects of commercial real estate loan closing processes, title and escrow with demonstrated ability to close commercial real estate loans.
• Thorough knowledge of commercial real estate documentation.
• Requires a self-motivated individual who pays close attention to detail and who can prioritize in a fast-moving environment.
• Ability to initiate and maintain effective and cooperative working relationships with team members, attorneys, consultants, brokers, investors, and developers.
• Strong analytical skills; ability to identify and ask questions; ability to reason and crosscheck references.
• Excellent oral and written communication skills.
• Exceptional organizational skills, highly attentive to detail, and able to perform tasks with limited supervision in a time sensitive work environment.
• Ability to maintain the strictest confidence when handling confidential and non-routine information and matters.
• Ability to communicate with co-workers, management, clients, and others in a courteous and professional manner.
• Ability to conform with and abide by all regulations, policies, work procedures, and instructions.
• High level of proficiency with Microsoft Excel, Word, PowerPoint, Teams.
• While working in an independent and reliable manner, teamwork and effective communication will also be necessary for success.
• Exceptional time management skills.
• Ability to effectively work in office and remote locations.
• Ability to meet the requirements to be commissioned as a Notary Public.

Compensation

We are committed to offering competitive and equitable compensation. Final salaries will be determined based on factors such as geographic location, skills, education, licenses, certifications, and/or experience. In addition to these factors – we believe in the importance of pay equity.  We consider internal and external factors as a part of every final offer. We also offer a generous total compensation and benefits package.

Benefits
A competitive salary is only one part of your total rewards. We also offer a comprehensive benefits package, including paid time off, medical, dental, life and disability insurance, HSA/FSA accounts, retirement, rewards programs, and so much more!


You must be able to pass a drug, background screen and physical abilities test/motor vehicle record check (if one is required per the position).


EEO/ADA
The Company and its affiliates provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.