What are the responsibilities and job description for the Loan Closer I position at The Standard?
At The Standard, you'll join a team focused on putting our customers first.
Our continued success is driven by a high-performance culture. We're looking for people who are collaborative, accountable, creative, agile and are driven by a passion for doing what's right – across the company and in our local communities.
We offer a caring culture where you can make a real difference, every day.
Ready to reach your highest potential? Let's work together.
Job Summary
As a Commercial Real Estate Loan Closer, you will manage the end-to-end closing process for commercial real estate loans, ensuring compliance with legal, underwriting, and company requirements. You'll handle loan document preparation, title and escrow coordination, funding, and due diligence. Your role will include reviewing title reports, analyzing borrowing entities, and ensuring all transaction requirements are met on time. Attention to detail and the ability to manage multiple transactions efficiently are key to success in this role.
Responsibilities:
- 25% Manage a pipeline of transactions, ensuring timely closings while analyzing loan commitments and coordinating with title, escrow, and legal teams.
- 20% Review and analyze title reports, title policies, and endorsements to assess risks and ensure compliance with the company's collateral requirements.
- 20% Evaluate complex borrowing entities, reviewing entity documentation and verifying the borrower's authority to execute the loan.
- 20% Prepare and send accurate loan documents, escrow instructions, and funding wire packages, ensuring all terms and requirements are met.
- 15% Maintain accurate records in systems, track pipeline status, and contribute to system enhancements and document management.
Skills and Background You'll Need:
Must have:
High School Diploma or equivalent (Associate- 's Degree preferred).
- 2 years of experience in commercial real estate finance, including loan document preparation and title analysis.
- Proficiency in Microsoft Office (Word, Excel, Outlook, Teams), Adobe Acrobat DC, and cloud platforms like Box, OneDrive, and SharePoint.
- Strong communication, organizational, and critical thinking skills.
Preferred:
- Experience with commercial real estate title reviews, surveys, and legal due diligence.
Key Behaviors of a Successful Candidate:
- Strong problem-solving abilities, with a proactive approach to resolving issues.
- Ability to manage multiple priorities and meet strict deadlines under pressure.
- Attention to detail and a commitment to maintaining high-quality standards in all tasks.
Why Join Us?
At The Standard, we value the contributions of our talented and compassionate team members. When you join us, you'll receive:
- A competitive benefits package including a 401(k) plan with company match
- Annual incentive bonuses
- Generous paid time off and volunteer opportunities
- A supportive management approach that promotes career growth
- A company culture that values stability, innovation, and work-life balance
Remote Work Eligibility:
This position is eligible for fully remote work with periodic in-person meetings or business travel as needed.
Please note - the salary range for this role is listed below. In addition to salary, our package includes incentive plan participation and comprehensive benefits including medical, dental, vision and retirement benefits, as well as an initial PTO accrual of 164 hours per year. Employees also receive 11 paid holidays and 2 wellness days per year.
Eligibility to participate in an incentive program is subject to the rules governing the program and plan. Any award depends on various factors, including individual and organizational performance.
Salary Range:
25.00 - 33.29Positions will be posted for at least 5 days from original posting date.
Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Equities, Inc. and StanCorp Investment Advisers, Inc., marketed as The Standard, are Affirmative Action/Equal Opportunity employers. All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, gender identity, sexual orientation, age, disability, or veteran status or any other condition protected by federal, state or local law. The Standard offers a drug and alcohol free work environment where possession, manufacture, transfer, offer, use of or being impaired by an illegal substance while on Standard property, or in other cases which the company believes might affect operations, safety or reputation of the company is prohibited. The Standard requires a criminal background investigation, employment, education and licensing verification as a condition of employment. All employees of The Standard must be bondable.