Commercial Loan Closings Specialist - Onsite Pasadena

TEKsystems

Pasadena (CA)

On-site

USD 60,000 - 81,000

Full time

4 days ago
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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

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.

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