Business Loan Closing Coordinator

Huntington National Bank; Midland (MI); Hybrid; USD 42,000 - 56,000; Full time

Job summary

Huntington National Bank is seeking a Business Banking Closing Specialist to provide administrative support to the Sales Team and ensure quality customer service through daily interaction with clients. You will coordinate the closing of Business Banking loans, obtain collateral reports, and manage the flow of required documents to meet credit approval terms.

The role requires collaboration with Sales, Credit, and 3rd party vendors to ensure efficient closings and accurate documentation, while

Qualifications

• High School Diploma required.
• At least 1 year of loan processing/closing experience and/or real estate loan/title company experience.

Responsibilities

• Generate term sheets/commitment letters and coordinate with customers.
• Order 3rd party reports and title work; track expenses and fees.
• Engage legal counsel for trusts and unique language; clear conditions to close.
• Coordinate the closing of Business Banking loans with Sales and Customers.
• Collaborate with Sales, Credit, Loan Servicing and vendors for timely closings.
• Process Business Banking loans in preparation for closing within service levels.
• Obtain collateral reports and information to meet credit approval terms.

Skills

Customer service

Communication

Organizational skills

Interpersonal skills

Microsoft Office

Education

High School Diploma

Paralegal Certificate

Associate Degree

Tools

Microsoft Office

Job description

Summary

The Business Banking Closing Specialist provides administrative support for the Sales Team and is responsible for the providing quality customer service through day to day interaction between Huntington and the client, coordinating the closing of Business Banking Loans. Obtains all necessary collateral reports and information required to meet the terms and conditions of credit approval.

Duties And Responsibilities

• Generate term sheets / commitment letters, communicate with customers, order all 3rd party reports and title work, track expenses and fees, engage legal counsel for trusts, deed restrictions, and unique language, collect items required to clear conditions to close, and drive a deal toward closing.
• Provide administrative support for the Business Banking Sales Team and is responsible for the day to day interaction between Huntington and the client, coordinating the closing of Business Loans.
• Partners with Sales Team, Credit Partners, Loan Servicing and 3rd party vendors to provide ensure efficient and timely closings.
• Process Business Banking small business loans in preparation for closing within expected service levels.
• Obtain all necessary collateral reports and information required to meet the terms and conditions of credit approval. Works with UCC secured, titled collateral, commercial real estate, construction, and public sector programs.
• Assist in providing exemplary service to lending customers of Huntington.
• Coordinate the closing date with the customer and the markets, while managing an active pipeline.
• Assist with the management of monthly maturities and the resolutions of collateral exceptions.
• Ensures proper loan and collateral documentation by staying abreast of and interpreting various laws, regulations, policies and procedures of loan documentation.
• Performs other duties as assigned.

Basic Qualifications

• High School Diploma required
• At least 1 year of loan processing/closing experience and/or real estate loan/Title company experience

Preferred Qualifications

• Experience with Business Banking/Commercial closing documentation
• Paralegal Certificate and Associate Degree
• A very outgoing, strong Sales/Customer Service Personality required. Role requires calling and constant customer interaction
• Strong written and verbal communication skills
• Organizational skills
• Must have excellent PC skills to include Microsoft Office software
• Ability to interact with internal and external customers to achieve positive results and work in a fast-paced, production environment.

Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)

No

Workplace Type

Office

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Huntington will not sponsor applicants for this position for immigration benefits, including but not limited to assisting with obtaining work permission for F-1 students, H-1B professionals, O-1 workers, TN workers, E-3 workers, among other immigration statuses. Applicants must be currently authorized to work in the United States on a full-time basis.

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.