Member & Direct Loan Closing Associate
About the position
Responsibilities
• Review complex loan documents and drive deal closing calls with internal and external team members.
• Ensure legal documentation accurately reflects the intentions of the credit approval.
• Facilitate teamwork and continuity among stakeholders.
• Maintain solid knowledge of loan processes and pursue new knowledge as required.
• Accept change positively and engage productively with the team.
• Ensure transactions are closed in compliance with the Bank's loan policy.
• Work with Relationship Manager/Underwriter to understand transactions and obtain necessary documentation.
• Liaise and coordinate pre-closing requirements with clients and team members.
• Balance regulatory and policy requirements when making decisions.
• Stay current on pending and proposed regulatory changes affecting compliance.
• Ensure Know Your Customer (KYC) requirements are met prior to closing.
• Resolve issues that might impede closing and involve management when necessary.
• Complete post-closing steps to ensure documentation is received by downstream partners.
• Monitor and clear loan exceptions and respond to audit requests.
• Book and fund new loans and related activities in the loan accounting system.
• Perform process quality reviews and comprehensive testing of system enhancements.
• Develop and follow inter-departmental controls and risk-reducing processes.
• Prepare and submit periodic departmental and team reports.
• Maintain accuracy and customer satisfaction as a priority.
Requirements
• High School Diploma, GED or equivalent certification.
• At least 1 year of Loan Closing or Loan Servicing experience in Commercial or Business Banking.
Nice-to-haves
• Bachelor's Degree or Military experience.
• 2+ years of Commercial Loan Closing or Commercial Loan Servicing experience.
• 2+ years of Loan Syndication (agent or participant) experience.
• 1+ years of experience with ACBS.
Benefits
• Comprehensive health benefits.
• Financial benefits including 401K.
• Paid time off and vacation.
• Maternity and paternity leave.
Apply Now
Apply Now
Responsibilities
• Review complex loan documents and drive deal closing calls with internal and external team members.
• Ensure legal documentation accurately reflects the intentions of the credit approval.
• Facilitate teamwork and continuity among stakeholders.
• Maintain solid knowledge of loan processes and pursue new knowledge as required.
• Accept change positively and engage productively with the team.
• Ensure transactions are closed in compliance with the Bank's loan policy.
• Work with Relationship Manager/Underwriter to understand transactions and obtain necessary documentation.
• Liaise and coordinate pre-closing requirements with clients and team members.
• Balance regulatory and policy requirements when making decisions.
• Stay current on pending and proposed regulatory changes affecting compliance.
• Ensure Know Your Customer (KYC) requirements are met prior to closing.
• Resolve issues that might impede closing and involve management when necessary.
• Complete post-closing steps to ensure documentation is received by downstream partners.
• Monitor and clear loan exceptions and respond to audit requests.
• Book and fund new loans and related activities in the loan accounting system.
• Perform process quality reviews and comprehensive testing of system enhancements.
• Develop and follow inter-departmental controls and risk-reducing processes.
• Prepare and submit periodic departmental and team reports.
• Maintain accuracy and customer satisfaction as a priority.
Requirements
• High School Diploma, GED or equivalent certification.
• At least 1 year of Loan Closing or Loan Servicing experience in Commercial or Business Banking.
Nice-to-haves
• Bachelor's Degree or Military experience.
• 2+ years of Commercial Loan Closing or Commercial Loan Servicing experience.
• 2+ years of Loan Syndication (agent or participant) experience.
• 1+ years of experience with ACBS.
Benefits
• Comprehensive health benefits.
• Financial benefits including 401K.
• Paid time off and vacation.
• Maternity and paternity leave.
Apply Now
Apply Now