SBA & Commercial Loan Closing Specialist II

Provident Bank; Bethlehem (Northampton County); On-site; USD 36,000 - 45,000; Full time

Benefits offered by this job

Health and Wellness benefits

PTO and Holidays

401(k) Retirement Plan

Disability Insurance

Employee Assistance Program

Tuition Disbursement and Loan Repay.

Supplemental Life Insurance

Accident Coverage

Critical Illness Coverage

Hospital Indemnity Insurance

Legal plans

Job summary

Provident Bank is seeking a CLA Closing Coordinator II to manage SBA, Business Banking, and Middle Market loan closings. You will ensure accuracy of documents, coordinate with attorneys and managers, and handle post-closing activities efficiently.

The role emphasizes accuracy, timeliness, and customer satisfaction in a fast-paced lending environment, with ongoing involvement in documentation, funding, and compliance tasks.

Qualifications

• High School Diploma or GED.
• 3 to 5 years of related experience.
• Extensive knowledge of commercial Loan Closings and ability to apply such knowledge.
• Ability to Communicate clearly and effectively in both oral and written scenarios.
• Proficient with software and systems programs (Microsoft Office). Knowledge of LaserPro document preparation a plus.
• Ability to manage heavy workload, resolve problems with modest supervision, attend to detail and perform arithmetic calculations.

Responsibilities

• Reviews proposed loan documents for conformance with loan approval/commitments; handles file organization, closing docs, due diligence and closing conditions.
• Coordinates with attorneys, Relationship Managers and other professionals to schedule closings.
• Ensures proper setup of LaserPro and attorney-prepared documents for various loan types.
• Coordinates post-closing items with the post closing administrator after closings.
• Confirms loan establishment on systems by Loan Operations.
• Interacts with lenders and borrowers for required documentation.
• Calculates closing figures and reviews loan approval documents.
• Funds loan documents and coordinates monthly advances as needed.
• Performs due diligence for closings and loan advances; checks interest, insurance and taxes.
• Creates and verifies loan closing statements with approved figures; funding criteria.
• Updates loan closer reports and construction loan reports; communicates status to Lender.
• Reviews documents for release considerations; issues partial releases or modifications.
• Maintains current loan files; responds to inquiries; assists Relationship Manager; coordinates with Loan Operations.
• Post-closing follow-up to ensure all documentation is received.
• Performs other related duties as required.

Skills

Communication

Attention to detail

Time management

Team collaboration

Education

Bachelor’s degree preferred

Tools

LaserPro

Microsoft Office

Job description

Provident Bank is seeking a CLA Closing Coordinator II to manage SBA, Business Banking, and Middle Market loan closings. You will ensure accuracy of documents, coordinate with attorneys and managers, and handle post-closing activities efficiently.

The role emphasizes accuracy, timeliness, and customer satisfaction in a fast-paced lending environment, with ongoing involvement in documentation, funding, and compliance tasks.