Elite Commercial Loan Closing Specialist

Fifth Third Bank

Rosemont (IL)

Sur place

USD 54 000 - 112 000

Plein temps

Il y a 7 jours
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Résumé du poste

Fifth Third Bank in Grand Rapids, MI seeks a Commercial Loan Closing Specialist to determine due diligence, review credit approvals, and prepare loan documents for closings. You will coordinate with attorneys, title companies, and relationship managers to meet closing deadlines and ensure compliance with regulatory and bank policies.

The role requires a solid understanding of commercial loan documentation, lien perfection, and vendor responses.

Qualifications

  • 2 years experience with due diligence, loan documentation, or related work; commercial loan experience preferred.
  • Strong time management and organizational skills.
  • Understanding of bank policies and procedures for loan closing and vendor documents.

Responsabilités

  • Review draft and final credit approval/credit memo to determine due diligence requirements.
  • Interpret loan approvals to determine borrower, collateral, guarantor, and loan requirements.
  • Coordinate closing date and time with attorneys, title companies, and relationship managers.
  • Ensure documentation complies with terms of loan request such as title, UCC searches, appraisals, insurance, and surveys.
  • Escalate questions and resolve deficiencies to meet closing conditions.
  • Monitor workload and ensure SLAs are met; communicate obstacles to sales and credit.

Connaissances

Due diligence
Loan documentation
Commercial lending
Vendor documents
Microsoft Excel

Formation

High school diploma or equivalent
Bachelor's degree preferred

Outils

Loan Doc Prep system
Microsoft Excel

Description du poste

Fifth Third Bank in Grand Rapids, MI seeks a Commercial Loan Closing Specialist to determine due diligence, review credit approvals, and prepare loan documents for closings. You will coordinate with attorneys, title companies, and relationship managers to meet closing deadlines and ensure compliance with regulatory and bank policies.

The role requires a solid understanding of commercial loan documentation, lien perfection, and vendor responses.

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