Business Loan Closing Specialist (Pre-Review)

Huntington Bancshares, Inc.; Midland (MI); On-site; USD 45,000 - 65,000; Full time

Job summary

Huntington Bancshares, Inc. is seeking a Business Banking Closing Specialist to provide administrative support to the Sales Team and coordinate the closing of Business Banking loans.

You will handle the collection of collateral reports and required information to satisfy credit approval terms. Responsibilities include generating term sheets, coordinating title work, tracking expenses, and ensuring timely closings while maintaining high service standards for lending clients.

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 and commitment letters, order third-party reports and title work, track expenses, engage counsel for trusts and unique language, collect items to clear closing conditions.
• Provide administrative support for the Business Banking Sales Team and coordinate the closing of Business Loans.
• Partner with Sales, Credit, Loan Servicing and vendors to ensure efficient and timely closings.
• Process Business Banking small business loans in preparation for closing within service levels.
• Review collateral reports and ensure terms meet credit approval; work with various collateral types.
• Assist in providing exemplary service to Huntington lending customers.
• Coordinate the closing date with customers and markets, manage the pipeline.
• Assist with maturities and collateral exceptions management.
• Ensure proper loan documentation by following laws, regs, and policies.
• Serve as SME in loan document reviews and provide feedback for corrections.
• Review QR workflow queue before documents are sent for signature.
• Use checklists to identify errors and communicate corrections prior to closing.
• Provide feedback on training and gaps to improve documentation quality.

Skills

Sales/Customer service

Written and verbal communication

Organizational skills

Microsoft Office

Education

High School Diploma

Paralegal Certificate

Associate Degree

Tools

Closing/Title software

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.

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.
• 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

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.