Loan Closing Specialist Sr

City National Bank; New York (NY); Hybrid; USD 48,000 - 76,000; Full time

Benefits offered by this job

Comprehensive healthcare

401(k) company matching

Tuition reimbursement

Time away benefits

Fertility benefits

Career mobility support

Job summary

City National Bank seeks a Loan Closing Specialist Sr in New York to handle due diligence for commercial loan documentation and closing, working under Regional or Industry Closing Managers. You will be the primary data entry contact in nCino and review boarding activity in AFS, ensuring accurate loan boarding and timely funding updates to the funding team.

The role requires a bachelor's degree and at least 5 years in commercial banking and loan closing, with strong organizational,

Qualifications

• Bachelors degree or equivalent required.
• Minimum 5 years in commercial banking.
• Minimum 5 years closing loans.

Responsibilities

• Complete due diligence for commercial loan documentation and closing.
• Follow instructions from Regional or Industry Closing Managers.
• Serve as primary data entry in nCino and review boarding activity in AFS.
• Collate information to ensure accurate loan boarding and timely funding updates.
• Communicate funding information accurately to the funding team.

Skills

Project management

Prioritization

Organizational skills

Adaptability

Closing loans

Education

Bachelor's degree or equivalent

Tools

nCino

AFS

Job description

LOAN CLOSING SPECIALIST SR

WHAT IS THE OPPORTUNITY?

The Loan Closing Specialist (LCS) is responsible for the completion of due diligence associated with the commercial loan documentation and closing process. The LCS works from the instructions of the Regional or Industry Closing Managers.The LCS will be the primary data entry person within nCino and will be responsible for reviewing the boarding activity within AFS and Collate to ensure accurate boarding of loans. They will also be responsible for communicating accurately and timely the funding information to the funding team.

WHAT WILL YOU DO?

• The Loan Closing Specialist (LCS) is responsible for the completion of due diligence associated with the commercial loan documentation and closing process. The LCS works from the instructions of the Regional or Industry Closing Managers.
• The LCS will be the primary data entry person within nCino and will be responsible for reviewing the boarding activity within AFS and Collate to ensure accurate boarding of loans. They will also be responsible for communicating accurately and timely the funding information to the funding team.
• The Loan Closing Specialist (LCS) is responsible for the completion of due diligence associated with the commercial loan documentation and closing process. The LCS works from the instructions of the Regional or Industry Closing Managers.
• The LCS will be the primary data entry person within nCino and will be responsible for reviewing the boarding activity within AFS and Collate to ensure accurate boarding of loans. They will also be responsible for communicating accurately and timely the funding information to the funding team.
• The Loan Closing Specialist (LCS) is responsible for the completion of due diligence associated with the commercial loan documentation and closing process. The LCS works from the instructions of the Regional or Industry Closing Managers.
• The LCS will be the primary data entry person within nCino and will be responsible for reviewing the boarding activity within AFS and Collate to ensure accurate boarding of loans. They will also be responsible for communicating accurately and timely the funding information to the funding team.
• The Loan Closing Specialist (LCS) is responsible for the completion of due diligence associated with the commercial loan documentation and closing process. The LCS works from the instructions of the Regional or Industry Closing Managers.

WHAT DO YOU NEED TO SUCCEED?

Required Qualifications*

• Bachelor's Degree or equivalent
• Minimum 5 years experience in Commercial Banking required.
• Minimum 5 years experience with closing loans.

Additional Qualifications

• Project Management skills, ability to prioritize tasks and adapt to changing priorities
• Organizational and time management skills
• Recommended experience: Prior closing experience, credit experience or understanding of experience
• Understanding of bank policies and procedures relating to the satisfaction of loan closing conditions, documents, and services

WHAT'S IN IT FOR YOU?

Compensation

Starting base salary: $34.55 - $55.19 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

Benefits and Perks

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement

Get a more detailed look at our Benefits and Perks.

ABOUT US

Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT

City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

*Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.

Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.