COMMERCIAL LOAN CLOSING COORDINATOR

Umwsb; Westerville (OH); On-site; USD 52,000 - 74,000; Full time

Benefits offered by this job

Paid Time Off

Medical / Dental / Vision

401K

Paid Family Leave

Job summary

United Midwest Savings Bank in Columbus, OH is seeking a Loan Closing Coordinator to ensure SBA compliance and resolve closing issues. You will prepare packages, coordinate documentation, and liaise with customers and internal teams to complete loans accurately.

The role requires a high school diploma or GED and SBA/USDA experience, plus strong communication, analytical and organizational skills. This is a full-time, on-site position with hybrid schedules as needed.

Qualifications

• High school diploma or GED required with at least 1 year in loan document prep/analysis.
• Experience with SBA and/or USDA documentation is preferred.
• Strong communication, organization and problem-solving abilities.

Responsibilities

• Document Review: review loan approvals for borrowers, guarantors, collateral and closing conditions.
• Compliance: ensure accuracy, completeness and SBA compliance of files.
• Closing Coordination: prepare accurate commitment packages before closing.
• Loan Disbursement & Draw Administration: monitor disbursement and reconcile invoices.

Skills

Verbal communication

Written communication

Analytical skills

Organization

Problem solving

Time management

Independent work

Attention to detail

Education

High School Diploma or GED

Paralegal certificate

SBA/USDA documentation experience

Tools

Office machines (printers, scanners, copiers, fax, etc.)

Job description

About UMWSB:

We are not your typical bank, and we like it that way. Our four business pillars, SBA Lending, Consumer Lending, Mortgage Lending, and Deposit Banking allow us to attract unique candidates of all experience levels to join our growing team.

What We Stand For

Our products, services, and expertise have the feel of a small community bank, but the reach of a national brand. We at United Midwest Savings Bank are proud of the responsible, ethical manner in which our company has operated since its opening. We realize our success is a direct result of meeting our customer's needs and we continue to operate with your interests as our guide.

Employment Type: Full-Time, Exempt
Location: Columbus, Ohio
Reports to: Closing Manager

Please note, this is not a remote position, office attendance will be required based on current hybrid schedules.

Position Summary:

The Loan Closing Coordinator's primary responsibility is to ensure compliance with SBA requirements as well as recognizing and proactively resolving problems in the closing process to ensure accuracy and completion of all necessary loan documents. Responsible for facilitating document preparation and commitment of SBA loans. Acts as a courteous and beneficial liaison between customers, departments and outside professional.

Responsibilities:

• Document Review: Complete a detailed review of the loan approval to determine borrowers, guarantors, collateral and other required closing conditions. Identify missing or incorrect information and coordinate necessary corrections.


• Compliance: Review loan files and documentation for accuracy, completeness, and compliance. Ensure legal and SBA requirements are satisfied.


• Closing Coordination: Prepare accurate commitment packages before closing.


• Loan Disbursement & Draw Administration: Monitor draw loans for disbursement and reconcile all invoices.

Education and Experience:

• High School Diploma or GED; and a minimum of 1 year of consumer/business loan doc prep, analysis, document review, and/or quality review


• Paralegal Certificate a plus


• Experience with SBA and/or USDA documentation

Required Skills/Abilities:

• Excellent verbal and written communication skills; must be able to effectively communicate with bank personnel of all levels, and bank clients


• Strong analytical, organization, and problem-solving skills


• Excellent time management skills with the ability to work independently, establish priorities and meet deadlines with minimal supervision.


• Basic Office Machine Operation Skills, Printers, Scanners, Copiers, Fax, postage machine, etc.

Benefits:

• Paid Time Off (PTO)


• Medical / Dental / Vision


• 401K


• Paid Family Leave

United Midwest Savings Bank is an Equal Opportunity Employer.