Commercial Loan Settlement Specialist – Closings & Compliance

Mid Penn Bank

Clearfield (Clearfield County)

On-site

USD 65,000 - 90,000

Full time

9 days ago

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Benefits offered by this job

Medical plans
401(k) match
Paid time off
Tuition reimbursement

Job summary

Mid Penn Bank seeks a Commercial Loan Settlement Officer to manage closings, settlement workflows, and documentation accuracy for commercial loans in PA. You will coordinate with attorneys, lenders, and title companies to ensure timely closings and compliance with policies.

The role requires experience with commercial loan documents, strong attention to detail, and the ability to handle high-volume files while maintaining data integrity and service standards.

Qualifications

  • Requires high school diploma or equivalent; paralegal certification preferred.
  • At least four years’ related experience in commercial loan documents.
  • Ability to review and interpret attorney-prepared legal documents.

Responsibilities

  • Coordinate closings with attorneys and title companies to ensure timely mortgage documentation.
  • Collaborate with lenders, attorneys, and title companies to resolve discrepancies before closing.
  • Manage end-to-end loan closing and settlement for commercial loans and facilities.
  • Review loan packages to ensure terms are met prior to closing.
  • Prepare and verify closing documents for accuracy and compliance.

Skills

Legal document review
Attention to detail
Interpersonal skills
Organizational skills

Education

High school diploma
Paralegal Certification

Tools

Loan origination systems
Loan documentation software

Job description

Mid Penn Bank seeks a Commercial Loan Settlement Officer to manage closings, settlement workflows, and documentation accuracy for commercial loans in PA. You will coordinate with attorneys, lenders, and title companies to ensure timely closings and compliance with policies.

The role requires experience with commercial loan documents, strong attention to detail, and the ability to handle high-volume files while maintaining data integrity and service standards.

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