Closing Coordinator

compeerfinancial; Eau Claire (WI); On-site; USD 47,000 - 67,000; Full time

Benefits offered by this job

Hybrid work model

Flexible schedules

Up to 9% 401k employer match

Medical, dental, vision + life & AD&D

Disability insurance

Wellness program & EAP

Paid vacation and holidays

Learning & development programs

Mentorship programs

Inclusion Council / professionalGroups

Job summary

Compeer Financial in Eau Claire, WI is seeking a Closing Agent to manage the end-to-end process of real estate transactions, including due diligence, closings, funding and servicing. You will coordinate with internal departments and external parties to ensure accurate lien positions and compliant closings.

The role requires an associate degree in a related field and licensing (Notary Public, Closing Agent License; e-notary preferred).

Qualifications

• Associate's degree in accounting, business administration, legal, agriculture or related field, or equivalent experience.
• Closing Agent License; Insurance Producer License preferred (or ability to obtain within twelve months).
• Commissioned Notary Public; e-notary may be required.

Responsibilities

• Responsible for the accurate processing, closing, funding and servicing of transactions secured by real estate properties.
• Ensures closings are completed in accordance with regulations, policies and procedures.
• Collects documents and confirms underwriting conditions are met.
• Verifies legal descriptions, ownership and access for real estate secured transactions.
• Coordinates title commitments, appraisals and flood zone determinations with internal and external teams.
• Reviews title insurance commitments, deeds and related documents to confirm lien position.
• Prepares settlement statements and disbursement agreements for accurate funds disbursement.
• Coordinates on-site and off-site closings and secures signatures; may perform witness closings.
• Administers funding execution and data maintenance.
• Files legal documents with government entities to perfect lien position.
• Collaborates with sales to service client relationships; assists team members with transactions.
• Assists Lending Client Coordinators as needed.
• Conducts post-close reviews to ensure policy compliance.

Skills

Closing Agent License

Notary Public

E-notary

Education

Associate's degree in accounting, business administration, legal, agriculture or related field

Job description

Empowered to live. Inspired to work. Compeer Financial is a member-owned cooperative located in Illinois, Minnesota and Wisconsin. We bring together team members with a variety of backgrounds and experiences to help provide financial services to support agriculture and rural communities. Join us in a culture that not only promotes meaningful work and professional development, but provides a flexible, hybrid work environment and excellent benefits, which empower you to thrive both personally and professionally.

How we support you:

• Hybrid model - up to 50% work from home
• Flexible schedules including ample flexibility in the summer months
• Up to 9% towards 401k (3% fixed Compeer contribution plus up to 6% match)
• Benefits: medical, dental, vision, HSA/FSA, life & AD&D insurance, short-term and long-term disability, wellness program & EAP
• Vacation, sick leave, holidays/floating holidays, parental leave, and volunteer paid time off
• Learning and development programs
• Mentorship programs
• Cross-functional committee opportunities (i.e. Inclusion Council, emerging professional groups, etc.)
• Professional membership/certification reimbursement and more!
• Casual/seasonal & intern team members are not eligible for benefits except for state-mandated programs.

Where you will work:

This position is located onsite, primarily working out of the Eau Claire, WI office location.

The contributions you will make:

• Responsible for the accurate processing, closing, funding and servicing of transactions secured by real estate properties. Ensures closings are completed in accordance with regulations, policies and procedures.

A typical day:

• Collects documents and ensures appropriate due diligence is completed to confirm all underwriting conditions are met.
• Verifies accuracy of legal descriptions, property ownership and legal access for real estate secured transactions of the organization.
• Coordinates with Compeer departments and external companies to order title commitments, appraisals and flood zone determinations. Follows regulatory guidance as applicable.
• Reviews title insurance commitments, deeds, real estate title documents, Uniform Commercial Code filings, fixture filings, and other related documents to confirm the organization's collateral lien position. Confirms legal documents required to close a transaction and parties required to sign each legal document.
• Independently creates or reviews settlement statements and/or disbursement agreements in accordance with the transaction to ensure the funds are disbursed accurately.
• Coordinates on-site and off-site closings with internal and external clients and executes the closing transaction with clients by explaining all forms, answering client questions and securing appropriate signatures on all documents, as needed. May perform witness closings.
• Administers funding execution and proper booking and data maintenance.
• Files legal documents with appropriate government entities to perfect Compeer's lien position.
• Collaborates with sales to service all aspects of client relationships within the lending territory. Assists team members with transactions and loan servicing.
• Assists Lending Client Coordinators by providing backup to all job functions as needed.
• Conducts a post-close review of transactions to ensure they were closed in accordance with the organization's policies and procedures. Reviews all documents related to the transaction.

The skills and experience we prefer you have:

• Associate's degree in accounting, business administration, legal, agriculture or related field; or related field or an equivalent combination of education and experience sufficient to perform the essential functions of the job.
• Closing Agent License; Insurance Producer License preferred (or ability to obtain within twelve months (where applicable).
• Commissioned as a Notary Public for the state (or ability to obtain within three months); may include e-notary.
• Working knowledge of loan approval processes and requirements, personal property security documents, real estate, legal, banking, security requirements and title insurance.
• Working knowledge of legal descriptions and collateral documents to gather appropriate information for document preparation.
• Basic accounting and mathematical skills to calculate data, reconcile funds and determine payoffs.

How we will take care of you:

Our job titles may span more than one career level (associate, senior, principal, etc.). The actual title and base pay offered is dependent upon many factors, such as: training, transferable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future. This role is eligible for variable compensation and other benefits.

Base Pay

$47,100 - $66,600 USD

Compeer Financial is an equal opportunity employer and all qualified applicants will receive consideration for employ