Post Closing Commercial Specialist

Fulton Bank; Lancaster (Lancaster County); On-site; USD 30,000 - 51,000; Full time

Benefits offered by this job

Medical plans

401(k) program

Paid time off

Employee Stock Purchase Plan

Job summary

Fulton Bank in the United States seeks a Commercial Loan Post-Closing Specialist to review new loan and modification packages, ensure documentation aligns with approvals and regulatory requirements, and monitor trailing documents and open conditions.

You will verify collateral, coordinate with fulfillment and compliance teams, and manage data accuracy in post-closing processes within a fast-paced lending environment.

Qualifications

• 3+ years commercial post-closing, due diligence, loan servicing, or loan operations.
• 2+ years hands-on loan document review, condition fulfillment, lien perfection, and collateral management.
• 2+ years experience with loan origination systems such as nCino, documentation/workflow systems such as Nautilus, and core banking systems.

Responsibilities

• Validate all approved terms and conditions of new loan and modification requests.
• Coordinate with fulfillment, compliance, underwriting, and other teams to complete trailing documents.
• Conduct self-review to ensure accuracy and resolve discrepancies.

Skills

Loan documentation review

Post-closing diligence

nCino

Collateral management

Education

High School Diploma or equivalent

Tools

Nautilus

FiServ Signature

Core banking systems

Job description

Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work-life integration, and inclusion. We promote a digitally enabled work environment to continuously enhance the experience of our employees and customers.

This role is responsible for performing comprehensive reviews of all executed commercial new loan and modification packages ensuring loan files are accurately documented in line with approvals, legal requirements, bank policies and regulatory requirements. The specialist ensures all perfection activities have been initiated and any trailing documents or open conditions are identified and monitored through completion. Performs a variety of skilled and confidential administrative activities related to post-closing due diligence and document review and may assist with pre-closing functions that require an expanded level of commercial lending and loan documentation knowledge.

• Works independently and effectively manages and prioritizes a high volume of work as assigned. Able to understand complex loan structures, complex collateral, and work with fulfillment teams and management to resolve identified issues or discrepancies with limited guidance. Maintains the ability to analyze, problem solve and recognize when independent decisions can be made while remaining aware of when to involve higher supervisory or management level staff.
• Accurately follows established internal operating procedures to perform a wide variety of commercial lending functions, including but not limited to validation of all approved terms and conditions of new loan and modification requests including loan party and collateral review and verification, effective coordination with other support and compliance teams, completion of trailing documentation requirements, and delivery of high quality work to team members.
• Responsible for conducting a self-review of work completed to ensure a high level of accuracy. Identifies issues requiring collaboration with fulfillment teams to identify an accurate resolution when needed.
• Ensure all loan documents are present, properly executed, and comply with bank policies and conditions of loan approval.
• Verify that insurance requirements are met, ensuring the bank’s collateral is adequately protected.
• Perform system data audits to verify accuracy, completeness and alignment with documentation before initiating booking loans to the core system.
• Ensure that collateral management activities have been initiated.
• Establish direct contact and follow up with internal and external stakeholders to obtain missing documents and resolve open items or discrepancies.
• Serves as a resource for bank lenders by providing advice and information regarding commercial loans and answering inquiries that may require further research.
• Ensure that all post-closing activities comply with federal and state regulations related to commercial lending, including proper documentation and data handling.
• Maintain a thorough understanding of commercial lending regulations and industry standards.
• Adapt and expand knowledge continually to stay current with regulatory changes and procedural updates.

Education

High School Diploma or equivalent. Specialty not applicable at this level. (Required)

Experience

• 3 or more years commercial post closing, due diligence, loan servicing, or loan operations, preferably in a banking or financial institution. (Required)
• 2 or more years hands-on experience in loan document review, condition fulfillment, lien perfection and collateral management. (Required)
• 2 or more years experience with loan origination systems such as nCino, documentation and workflow systems such as Nautilus, and core banking systems. (Required)
• 2 or more years experience with exception tracking and document monitoring processes. (Required)

Knowledge, Skills, And Abilities

• Proficiency with loan origination systems such as nCino and core operating systems such as FiServ Signature management. (Required)
• Knowledge of regulatory requirements and post closing conditions, ensuring proper documentation compliance. (Required)
• Attention to detail to ensure the accuracy and completeness of loan reporting, while resolving any discrepancies in a timely manner. (Required)
• Ability to work with various stakeholders to monitor and manage the post-closing pipeline, ensuring all post-closing requirements are prioritized, processed, and fulfilled efficiently. (Required)
• Ability to coordinate with other departments (such as underwriting, fulfillment, loan servicing, collateral & records management and compliance) to ensure a smooth workflow through post-closing. (Required)
• Proven knowledge of closing policies and procedures, funding policies, underwriting requirements, government and agency requirements, terminology, and automated processing systems. (Required)
• Proven knowledge of applicable credit policies and approval process for assigned product(s). (Required)
• Strong ability to read, analyze, and interpret complex documents and procedures relating to state and federal commercial lending regulation. (Required)
• Strong problem-solving skills and a proactive approach to identifying and resolving issues. (Required)

This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company‑assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

To provide greater transparency to candidates, we share base salary ranges on all job postings regardless of state. We set standard salary ranges for our roles based on the position, function and responsibilities, as benchmarked against similarly sized companies in our industry. Specific compensation offered will be determined based on a combination of factors including the candidate’s knowledge, skills, depth of work experience and relevant licenses/credentials. The salary range may vary based on geographic location.

The hourly rate for this position is $22.16 - $36.92.

Additionally, as part of our Total Rewards program, Fulton Bank offers a comprehensive benefits package to those who qualify. This includes medical plans with prescription drug coverage; flexible spending account or health savings account depending on the medical plan chosen; dental and vision insurance; life insurance; 401(k) program with employer match and Employee Stock Purchase Plan; paid time off programs including holiday pay and paid volunteer time; disability insurance coverage and maternity and parental leave; adoption assistance; educational assistance and a robust wellness program with financial incentives. To learn more about your potential eligibility for these programs, please visit Benefits & Wellness | Fulton Bank.

Fulton Bank (“Fulton”) is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.

As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Fulton Bank currently or in the future.