CRE Loan Closing Specialist II

Banner Bank; Seattle (WA); On-site; USD 71,000 - 83,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision benefits

LTD

STD

Life insurance

401k match

Paid holidays

Job summary

Banner Bank is seeking a CRE Closing Administrator II in Washington state to ensure accurate, efficient closings of commercial real estate construction and permanent loans. You will collaborate with internal lending teams and external partners to fund loans while maintaining portfolio integrity.

The role requires a Bachelor’s degree and at least 2 years closing assets, with strong knowledge of CRE closing processes and documentation.

Qualifications

• Bachelor’s degree in Accounting, Auditing, Banking, Business Administration, Economics, Finance, or a related field (Required).
• Have 2+ years of experience closing or funding commercial real estate secured loans (Required).
• Understand commercial real estate loan closing processes and documentation requirements (Required).

Responsibilities

• Prepare accurate and timely loan documentation for commercial real estate secured transactions, including reviewing collateral and preparing security agreements.
• Support CRE business lines through closing and administration of construction and permanent loans.
• Review appraisals and pre-construction evaluations for new construction and development loans and validate evidence of prepaid construction costs prior to closing.
• Gather invoices, fees, and escrow settlement information to prepare funding statements and administer loan disbursements in accordance with established policies and guidelines.
• Partner with title companies, escrow officers, and insurance agents to obtain and review title policies, balance settlement statements, and verify proper insurance coverage.
• Oversee loan files to ensure complete and accurate documentation, reporting, statements, and accounting information are maintained.
• Assist in establishing and maintaining lien perfection on various forms of collateral.
• Support loan extensions, modifications, and routine closing activities while partnering with colleagues to meet production objectives.
• Provide guidance, training, and mentorship to newer team members.
• Ensure compliance with bank policies, procedures, security requirements, and applicable government regulations.

Skills

CRE loan closing

Attention to detail

Organization skills

Regulatory compliance

Communication skills

Microsoft Office

Education

Bachelor’s degree in Accounting, Auditing, Banking, Business Administration, Economics, Finance, or related field

Tools

Microsoft Office

Job description

Banner Bank is seeking a CRE Closing Administrator II in Washington state to ensure accurate, efficient closings of commercial real estate construction and permanent loans. You will collaborate with internal lending teams and external partners to fund loans while maintaining portfolio integrity.

The role requires a Bachelor’s degree and at least 2 years closing assets, with strong knowledge of CRE closing processes and documentation.