Commercial Loan Closing Specialist

Default Brand; United States; Hybrid; USD 55,000 - 75,000; Full time

Job summary

A community-focused financial institution is seeking a Commercial Loan Closing Specialist to assist in preparing loan documents for commercial closings. The role involves ensuring compliance with federal regulations and working with various stakeholders throughout the closing process. Candidates should have at least three years of experience in commercial loan documentation and possess strong communication and organizational skills. This is an opportunity to support significant risk management activities in the commercial lending sector.

Qualifications

• 3+ years of experience in preparing and reviewing commercial loan documents required.
• Knowledge of commercial loan products and services.
• Ability to prioritize duties and work independently.
• Well-developed written and verbal business communication.
• Proficient administrative and organizational skills.
• Self-motivated with attention to detail.
• Ability to prioritize duties and work independently.
• Ability to meet designated deadlines while remaining flexible to changing assignments.
• Proficient in Microsoft Office products.
• College degree in business or related field.
• Experience with LaserPro.

Responsibilities

• Prepares complete loan documentation packages for new loans.
• Orders Flood Certifications and reviews UCC search records.
• Ensures compliance with HMDA/CRA eligibility requirements.
• Reviews and verifies customer identification documents in accordance with the US Patriot Act and the due diligence policy.
• Ensures compliance with HMDA/CRA eligibility requirements and FEMA regulations.
• Reviews preliminary closing documents including hazard, liability, builder’s risk, flood insurance policies, Title Commitments, Closing Protection Letters, Settlement Statements, and funding due diligence.
• Coordinates the return of all executed document packages and necessary supporting documents to Loan Operations for booking.
• Maintain confidentiality and security of sensitive information.

Skills

3+ years of experience with commercial loan documents

Knowledge of legal concepts

Written and verbal communication

Administrative and organizational skills

Self-motivated and detail-oriented

Proficiency in Microsoft Office

Independence

MS Office

Education

High school diploma or equivalent

College degree in business or related field

Tools

LaserPro

Microsoft Office

Job description

SouthPark
6310 Fairview Rd
Charlotte, NC 28210, USA

Woodruff Rd
499 Woodruff Rd
Greenville, SC 29607, USA

Raleigh LPO
4140 Parklake Ave
Suite 610
Raleigh, NC 27612, USA

315 Ridgefield Ct
315 Ridgefield Ct
Asheville, NC 28806, USA

Charleston
677 King St
Suite 430
Charleston, SC 29403, USA

The Commercial Loan Closing Specialist assists in the preparation of loan documents associated with commercial closings and facilitates closings through the Commercial Banking Associates, Commercial Relationship Managers, and Attorneys. This position supports critical policy and procedures as well as federal and state regulations to ensure an efficient documentation practice, loan document review system, and other critical risk management activities needed to minimize credit, documentation, and operational risks in commercial lending.

Key Responsibilities / Essential Functions

• Prepares complete and accurate loan documentation packages for new commercial loans, modifications, renewals, and extensions, and includes final closing instructions.
• Orders Flood Certifications, prepares UCC financing statements, reviews UCC search records, and verifies wiring instructions and funding details.
• Reviews credit approval packages which include pricing and financial reporting requirements, and collateral and environmental due diligence requirements necessary to document the loan.
• Reviews and verifies customer identification documents in accordance with the US Patriot Act and the due diligence policy.
• Ensures compliance with HMDA/CRA eligibility requirements and FEMA regulations.
• Reviews preliminary closing documents including hazard, liability, builder’s risk, flood insurance policies, Title Commitments, Closing Protection Letters, Settlement Statements, and funding due diligence.
• Coordinates the return of all executed document packages and necessary supporting documents to Loan Operations for booking.
• Maintain confidentiality and security of sensitive information.

Job Requirements

Education

• High school diploma or equivalent

Required

• 3+ years of experience in preparing and reviewing commercial loan documents and/or paralegal experience tied to commercial loan closings required.
• Knowledge of basic legal concepts including real estate transactions.
• Knowledge of commercial loan products and services.
• Well-developed written and verbal business communication.
• Proficient administrative and organizational skills.
• Self-motivated with attention to detail.
• Ability to prioritize duties and work independently.
• Ability to meet designated deadlines while remaining flexible to changing assignments.
• Proficient in Microsoft Office products.

Preferred

• College degree in business or related field.
• Experience with LaserPro.

About HomeTrust Bank

HomeTrust Bank, founded in 1926, is a North Carolina chartered, community-focused financial institution committed to providing value-added community banking through online/mobile channels and multiple locations in Virginia, North Carolina, South Carolina, and Tennessee. Learn more at www.htb.com. Apply today to take your first steps towards joining this talented population of employees within a growing organization.

Work Environment, Physical Requirements

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. HomeTrust Bank promotes an equal employment opportunity workplace which includes reasonable accommodation of qualified applicants and employees.

• This job operates in a professional office environment and routinely uses standard office equipment such as computers, phones, photocopiers, and fax machines.
• Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus.
• Physical activity requiring reaching, sifting, lifting up to 25 lbs., finger dexterity, grasping, feeling, repetitive motions, talking and hearing are required.
• The employee will frequently communicate and must be able to exchange accurate information with others.
• The employee may need to move around their office to attend meetings and to access files, machinery or other job‑related tools.

Disclaimer

DISCLAIMER: HomeTrust Bank is an evolving company. As such this job description is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed as assigned.

EEO Statement

HomeTrust Bank values and promotes diversity and inclusion in every aspect of our business and at every level within the company. We recruit, hire, and promote employees based on their individual ability and experience and in accordance with affirmative action and equal employment opportunity laws and regulations. Our policy is that we do not discriminate on the basis of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, physical or mental disability, pregnancy, marital status, status as a protected veteran, or any other status protected by federal, state, or local law. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.