Commercial Loan Closer

Calculated Hire; Irving (TX); On-site; USD 110,000 - 170,000; Full time

Job summary

Calculated Hire is seeking a Senior Commercial Loan Closer for a Fortune 50 financial services company in Irving, TX. You will lead end-to-end loan closings, verify documents, coordinate with credit, legal, and operations, and ensure regulatory compliance during funding.

The role requires strong Loan IQ proficiency, deep knowledge of collateral and credit approvals, and the ability to manage complex closing deliverables with accuracy and efficiency.

Qualifications

• 4+ years in commercial loan closing.
• 4+ years Loan IQ system experience.
• Experience guiding loan closing processes and resolving questions.
• Experience reviewing legal agreements and collateral documentation.

Responsibilities

• Lead pre-close and closing activities for moderately complex to complex commercial loan transactions.
• Assemble, prepare, and review commercial loan documentation and collateral packages.
• Ensure accurate boarding and funding of loans by inputting data into systems of record.
• Coordinate legal documentation with internal teams and Corporate Legal.
• Partner with Credit, Sales, and Legal to confirm deal structure and requirements.
• Review complex legal documents and identify risks with mitigation strategies.
• Serve as escalation point for client and transaction-related issues.
• Conduct quality control reviews and monitor performance metrics to drive efficiency.

Skills

Commercial loan closing

Loan IQ

Documentation review

Regulatory compliance

Tools

Loan IQ software

Job description

Calculated Hire is in search of a Senior Commercial Loan Closer for our Fortune 50 Financial Services Company. You will be responsible for the following:

Job Description

You will support moderately complex initiatives within Commercial Loan Closing and contribute to broader planning efforts tied to closing deliverables. This role focuses on the end-to-end closing process within Loan IQ, including document preparation, deal funding, and system boarding. You will review and analyze loan documentation, collateral, credit approvals, and legal agreements to ensure accuracy, completeness, and compliance with all regulatory and internal requirements.

Responsibilities

• Lead pre-close activities for moderately complex to complex commercial loan transactions, coordinating all aspects of the closing process
• Assemble, prepare, and review commercial loan documentation, including collateral packages, credit approvals, and legal agreements
• Ensure accurate boarding and funding of loans by evaluating and inputting data into systems of record in compliance with policies and regulatory standards
• Coordinate legal documentation with internal teams and Corporate Legal, including reviewing third-party documentation when applicable
• Partner with Credit, Sales, and Legal to confirm deal structure, documentation requirements, and alignment with negotiated terms
• Review and analyze complex legal documents; identify risks and recommend mitigation strategies or process improvements
• Act as an escalation point for client and transaction-related issues, ensuring timely resolution
• Conduct quality control reviews and monitor performance metrics to drive efficiency and process improvement
• Ensure team activities align with established procedures, policies, and compliance requirements
• Collaborate across teams to resolve issues, meet deadlines, and achieve business objectives
• Interact with internal stakeholders and provide updates on deal status, risks, and outstanding requirements
• Exercise independent judgment while executing deliverables and building knowledge of loan closing processes, policies, and compliance standards

Required Experience:

• 4+ years of Commercial Loan Closing experience, or equivalent demonstrated through a combination of work experience, training, military experience, or education
• 4+ years of Loan IQ system experience. High level of proficiency navigating the system.
• Experience providing guidance on loan closing processes, resolving questions, and helping drive team efficiency
• Experience reviewing legal agreements, collateral documentation, and credit approvals