Business Loan Closing Specialist (Pre-Review)

Huntington Bancshares, Inc.; Flint (MI); On-site; USD 48,000 - 65,000; Full time

Job summary

Huntington Bancshares, Inc. in Michigan seeks a Business Banking Closing Specialist to support the Sales Team and coordinate the closing of Business Banking Loans. You will obtain collateral reports, prepare term sheets, and liaise with customers to ensure a smooth closing process.

The role requires handling UCC secured assets, title work, and coordination with legal counsel as needed, while delivering quality service in a fast-paced environment.

Qualifications

• High School Diploma or equivalent.
• 1+ year loan processing/closing experience or real estate loan/title company experience.

Responsibilities

• Generate term sheets / commitment letters and coordinate closings.
• Provide administrative support and daily liaison between Huntington and clients.
• Coordinate closing dates, review documents, and ensure timely closings.
• Interface with Sales, Credit, and third parties to resolve conditions to close.

Skills

Customer service

Communication

Organizational skills

MS Office

Education

Paralegal Certificate

Associate Degree

Tools

Microsoft Office

Job description

Description Summary: The Business Banking Closing Specialist provides administrative support for the Sales Team and is responsible for 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.
• Serves as a subject matter expert in the review of loan documents, providing feedback to the Operations Specialist on corrections needed.
• Reviews and works QR workflow queue prior to documents being sent for signature at closing.
• Using standard review checklist, reviews each document as required, noting any variations or issues, recording all errors and comments for return to Operations Specialist to make corrections prior to loan closing.
• Provides feedback on training opportunities and gaps impacting quality of documentation, driving the business line forward to create better customer experiences and reducing overall risk.

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

No

Workplace Type

Office

Our Approach to Office Workplace Type

Specific 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.

Employment Eligibility

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.

Equal Opportunity Statement

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice

Visit Huntington's Career Web Site for more details.

About Huntington

Welcome to Huntington! At Huntington, we look out for people. From reinventing banking with game-changing innovations to building an internal culture that creates lifelong bonds, together, we can make people’s lives better. And amazing things happen when we look out for each other. We prove it every day. Whether it’s helping a colleague or collaborating on a new tool that will revolutionize the way you save money, our actions can have a huge impact. Our colleagues look out for people with a Can-Do Attitude, Service Heart and Forward Thinking. Those are our values—simple but powerful. Each of them pushes us to do the right thing, to do right by people. Because people are what matter. If that sounds like you, we hope you’ll apply to join our team. If you’d like to learn more about how Huntington looks out for people, visit https://www.huntington.com/lookingout We endeavor to make this site accessible to any and all users. If you would like to contact us regarding the accessibility of this site or if you require a reasonable accommodation to apply for a job or to perform the essential functions of the job, please send an email to [e-mail] Reasonable Accommodations Various methods will be used throughout the recruitment process to verify candidate authenticity.