Loan Operations Commercial Loan Closer

Loan Operations Commercial Closer

The Loan Operations Commercial Closer is responsible for ensuring all commercial loans originated in the bank are closed in accordance with the loan approval and in accordance with the Bank's credit policy requirements. The loan closer collects and reviews all entity and collateral due diligence, engages the deal team to ensure loan documentation is consistent with the loan approval, and coordinates the final closing and funding activities in the loan cycle. The loan closer serves as the point of contact and process driver throughout the loan origination process.

Responsibilities

Manage and lead the coordination of commercial loan closings from term sheet to initial funding and booking, for internally prepared and attorney prepared loan documents, by interfacing with internal business partners, clients, title companies, attorneys, and other third-party vendors and consultants.

Responsible for reviewing loan documentation against the formal credit approval and ensuring documents comply with current bank, federal and state policies as well as legal standards and system functionality.

• Collect, review, and analyze due diligence required to close a commercial loan - including but not limited to, entity documentation, UCC searches, flood determinations, appraisal, environmental reports, insurance, title, survey, and all required documentation based on collateral type
• Coordinate and prepare loan packages for closing utilizing wet signatures and / or DocuSign
• Engage attorneys as needed and ensure the flow of information between the borrower, bank, and attorney firm
• Manage post-closing requirements, weekly past due and maturing loan reports.
• Obtain and transmit original loan documents and review and clear all loan collateral exceptions.
• Assist Relationship Managers with processing renewals and modifications on applicable loans in the commercial loan portfolio.
• Establish and maintain effective relationships with customers, business partners and team members to ensure an exceptional client experience.
• Assist management with various operational duties and responsibilities.
• Assist with special projects, as necessary.
• Other duties may be assigned.
• Abide by Texas Capital Bank policies, procedures, and regulatory compliance guidelines.

The duties listed above are the essential functions, or fundamental duties within the job classification. The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.

Qualifications

Additional Requirements / Skills you would like to add?

The duties listed above are the essential functions, or fundamental duties within the job classification. The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy. Texas Capital is an Equal Opportunity Employer.