Commercial Loan Specialist

Calculated Hire; Charlotte (NC); Hybrid; USD 68,000 - 92,000; Full time

Job summary

Calculated Hire in Charlotte, NC is seeking a Senior Commercial Loan Closing Specialist for a 6-month contract-to-hire. The role is hybrid (3 days in, 2 days remote) at University Campus, focusing on assembling and reviewing closing documents for commercial loans and funding deals.

You will coordinate legal reviews, ensure regulatory compliance, and collaborate with Credit, Sales and Legal to finalize terms.

Qualifications

• 2-4+ years of Commercial Loan Closing experience or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• Experience with loan documentation and regulatory requirements

Responsibilities

• Lead pre-close activities for moderately complex to complex commercial loans.
• Accurately evaluate and upload data into the systems of record to ensure compliance with all bank policies, procedures and regulatory requirements
• Document and coordinate legal activities for loan documentation that may also include documentation purchased from third party sources, with internal staff and the Corporate Legal group
• Work collaboratively with Credit, Sales and Legal regarding proper procedures and documentation requirements necessary to ensure accuracy with negotiated terms and ensure alignment with appropriate compliance standards
• Review and negotiate complex legal documentation, evaluate risks, develop strategies to mitigate documentation risk and identify procedural modifications
• Serve as an escalation point in the resolution of client issues
• Conduct quality reviews and monitor key performance metrics as related to efficiencies and effective processes
• Identify activities of the team to ensure conformity with established procedures
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
• Interact with internal customers
• Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements

Skills

Commercial Loan Closing

Regulatory Compliance

Document Review

Job description

Senior Commercial Loan Closing Specialist

Charlotte, NC – Hybrid (3 days in, 2 days remote @ University Campus)

6 month Contract-to-Hire

$38/hr ($80k Salary Conversion expectation)

Summary

Calculated Hire needs to hire a Commercial Loan Closing team that covers jobs responsible for assembling, preparing and reviewing commercial closing documents for loans/transactions; the initial boarding and funding of deals/transactions/facilities onto accounting systems of record. This may include in depth review of collateral, legal agreements and credit approvals to ensure final executed details are captured accurately and regulatory and company requirements are met.

Responsibilities

• Lead a variety of pre-close activities for moderately complex to complex commercial loans, including coordinating all aspects of loan closings
• Accurately evaluate and upload data into the systems of record to ensure compliance with all bank policies, procedures and regulatory requirements
• Document and coordinate legal activities for loan documentation that may also include documentation purchased from third party sources, with internal staff and the Corporate Legal group
• Work collaboratively with Credit, Sales and Legal regarding proper procedures and documentation requirements necessary to ensure accuracy with negotiated terms and ensure alignment with appropriate compliance standards
• Review and negotiate complex legal documentation, evaluate risks, develop strategies to mitigate documentation risk and identify procedural modifications
• Serve as an escalation point in the resolution of client issues
• Conduct quality reviews and monitor key performance metrics as related to efficiencies and effective processes
• Identify activities of the team to ensure conformity with established procedures
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
• Interact with internal customers
• Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements

Required Qualifications

• 2-4+ years of Commercial Loan Closing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications

• Commercial loan documentation, preparation, or review experience
• Equipment leasing and/or secured lending finance experience
• Ability to develop and manage business relationships
• Ability to navigate multiple computer systems, applications, and utilize search tools to find information
• Effective organizational, multi-tasking, and prioritizing skills
• Excellent verbal, written, and interpersonal communication skills
• Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
• Documentation creation and/or documentation review and funding experience
• Experience reviewing control reports
• Experience analyzing data
• Knowledge and understanding of collateral perfection process
• Experience with Siebel Originations System and/or InfoLease System
• Leadership skills including coaching, training, and mentoring
• Ability to work additional hours as needed
• Work in the posted location below on a hybrid model