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Associate Loan Closing Representative
2 months ago
Associate Loan Closing Representative
What You’ll Do
Assist with the progress and acceptability of all closing components and facilitate administrative tasks for the deal team to ensure timely closing of loan transactions
Review credit approval memorandum, prepare closing checklist, and assist in collection of deliverable items and receivables (e.g., liability insurance, flood insurance, asset listings, lease and franchise agreement review); circulating all information and escalating exceptions to the deal team to ensure anticipated funding dates are met
Assist in obtaining appropriate supporting documents including title work, flood and OFAC searches, insurance, organizational documents, real estate collateral documentation and various due diligence items to verify compliance with loan approval and bank closing procedures
Handle day-to-day administrative tasks including opening retail and commercial accounts, assisting treasury management product partner, processing wires, pulling various retail reports, and assisting in coordination of internal and external participations
Focus on retail and commercial depository account opening, funding, maintenance and reporting
Process paper-based documentation, incoming/outgoing mail and marketing materials
Other duties as assigned
Qualifications
High school diploma or equivalent
Prior banking experience with knowledge of account opening and/or commercial loan documents
Proactive / confident communication skills (both verbal and written) required to interact with clients, outside vendors, and internal stakeholders
Proficient in MS Office including Excel and PowerPoint along with the ability to pick up on new systems quickly
High level of organization and time-management with keen attention to detail and the ability to respond quickly to changes in priorities and tasks
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