Commercial Loan Closer

TEKsystems; Pasadena (CA); On-site; USD 60,000 - 81,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision benefits

401(k) retirement plan

Life insurance

Disability benefits

Health Spending Account (HSA)

Transit benefits

Paid time off

Job summary

TEKsystems in Pasadena, CA is seeking a Commercial Loan Closing Administrator to manage all aspects of commercial loan closings and funding. The role acts as a liaison between internal teams and external partners to ensure accurate, compliant, and timely closings.

The ideal candidate has 2+ years in commercial loan documentation, closing experience, and strong attention to detail. This full-time, onsite position offers a path to contribute quickly in a fast-paced banking environment.

Qualifications

• Bachelor's degree in Finance, Accounting, or Business or equivalent experience.
• Minimum 2 years of experience in commercial loan documentation, funding, and closing.
• Strong commercial loan closing experience required.
• Ability to work independently with minimal oversight.
• Good understanding of commercial lending processes and loan documentation.
• Experience reviewing attorney-prepared loan documents.
• Knowledge of banking regulations related to commercial lending.
• Proficient in Microsoft Excel and Microsoft Office.
• Strong data entry accuracy and attention to detail.
• Ability to prioritize multiple transactions in a fast-paced environment.
• Excellent verbal, written, and interpersonal communication skills.

Responsibilities

• Coordinate loan closing and funding with managers, underwriters, borrowers, and third parties.
• Ensure all pre-funding conditions are satisfied before closing.
• Review loan documents for accuracy against approved terms.
• Track due diligence items, closing checklists, and deadlines.
• Maintain loan records throughout closing and post-closing.
• Resolve issues during due diligence, documentation, and closing.
• Submit loan documentation and funding requests through internal systems.
• Coordinate funding info with escrow agents and internal funding teams.
• Monitor third-party expenses and ensure timely payment at closing.
• Obtain internal approvals throughout closing and funding.
• Follow up on post-closing requirements and originals.
• Collaborate with lending, credit, compliance, and operations teams.

Skills

Loan closing

Attention to detail

Communication skills

Time management

Independent worker

Regulatory knowledge

Education

Bachelor's degree in Finance, Accounting, or Business

Tools

Microsoft Excel

Microsoft Office

LaserPro

Job description

Commercial Loan Closing Administrator

Location: Pasadena, CA

Work Arrangement: 100% Onsite

Position Summary

We are seeking a Commercial Loan Closing Administrator to support all aspects of commercial loan closings and funding. This individual will serve as a liaison between internal teams and external partners, ensuring loan transactions are completed accurately, efficiently, and in compliance with established policies and procedures.

We are looking for someone who can step into the role with minimal training and quickly contribute in a fast-paced banking environment.

Key Responsibilities

• Coordinate loan closing and funding activities with portfolio managers, underwriters, borrowers, attorneys, title/escrow companies, and other third parties.
• Ensure all pre-funding conditions and documentation requirements are satisfied prior to closing.
• Review loan documents for accuracy and consistency with approved credit terms.
• Track and manage due diligence items, closing checklists, and critical deadlines.
• Maintain loan files throughout the closing process and ensure proper post-closing documentation is received and filed.
• Resolve issues that arise during the due diligence, documentation, and closing process.
• Submit loan documentation and funding requests through internal loan closing systems.
• Coordinate funding information with escrow agents and internal funding teams.
• Monitor third-party expenses, including legal and consulting costs, and ensure timely payment at closing.
• Obtain and verify all required internal approvals throughout the loan closing and funding process.
• Follow up on post-closing requirements and receipt of original executed documents.
• Collaborate with lending, credit, compliance, and operations teams to ensure adherence to policies and procedures.
• Perform additional duties as assigned.

Required Qualifications

• Bachelor's degree in Finance, Accounting, Business, or equivalent experience preferred.
• Minimum 2 years of experience in commercial loan documentation, funding, and closing.
• Strong commercial loan closing experience is required.
• Demonstrated ability to work independently and manage loan closings with minimal oversight.
• Strong understanding of commercial lending processes and loan documentation.
• Experience reviewing attorney-prepared loan documents.
• Knowledge of banking regulations, policies, and procedures related to commercial lending.
• Proficiency in Microsoft Excel and other Microsoft Office applications.
• Strong data entry accuracy and attention to detail.
• Ability to prioritize multiple transactions in a fast-paced environment.
• Excellent verbal, written, and interpersonal communication skills.

Preferred Qualifications

• Experience with LaserPro or similar commercial loan documentation systems.
• Familiarity coordinating complex commercial loan transactions involving multiple stakeholders.

Ideal Candidate

The ideal candidate has a proven track record of successfully managing commercial loan closings in a banking environment and can quickly contribute with minimal ramp-up time. This person will regularly interact with Relationship Managers, Project Managers, attorneys, title/escrow companies, borrowers, and other vendors, requiring exceptional communication, organization, and attention to detail.

Job Type & Location

This is a Permanent position based out of Pasadena, CA.

Pay and Benefits

The pay range for this position is $60000.00 - $81000.00/yr.

Individual compensation offered for this position within this range will depend on many factors, including qualifications, skills, relevant experience, job knowledge, geographic location, internal equity, and other pertinent job-related factors.

Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following: Medical, dental & vision Critical Illness, Accident, and Hospital 401(k) Retirement Plan Pre-tax and Roth post-tax contributions available Life Insurance (Voluntary Life & AD&D for the employee and dependents) Short and long-term disability Health Spending Account (HSA) Transportation benefits Employee Assistance Program Time Off/Leave (PTO, Vacation or Sick Leave)

Job Type & Location

This is a Permanent position based out of Pasadena, CA.

Application Deadline

This position is anticipated to close on Nov 21, 2026.

Workplace Type

This is a fully onsite position in Pasadena,CA.

About TEKsystems

We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real‑world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company.

The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

About TEKsystems and TEKsystems Global Services

Were a leading provider of business and technology services. We accelerate business transformation for our customers. Our expertise in strategy, design, execution and operations unlocks business value through a range of solutions. Were a team of 80,000 strong, working with over 6,000 customers, including 80% of the Fortune 500 across North America, Europe and Asia, who partner with us for our scale, full-stack capabilities and speed. Were strategic thinkers, hands‑on collaborators, helping customers capitalize on change and master the momentum of technology. Were building tomorrow by delivering business outcomes and making positive impacts in our global communities. TEKsystems and TEKsystems Global Services are Allegis Group companies. Learn more at TEKsystems.com.

The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

San Francisco Fair Chance Ordinance

Pursuant to the San Francisco Fair Chance Ordinance, for all positions located in the city and county of San Francisco, we will consider for employment qualified applicants with arrest and conviction records.

Massachusetts Lie Detector

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall subject criminal penalties and civil liability.