Commercial Loan Closing Officer II - OPX (Remote)

SUMMARY : The Commercial Loan Closing Officer (LCO) is responsible for handling all C&I, CRE, SBA and Loan Origination System (LOS) Originated loan activities including direct, purchased, sold, and syndicated deals. Activities include but are not limited to : 1) coordinating and executing closing of direct, sold, purchased and syndicated deals by participating in ongoing meetings with the Deal Team (agent banks, participating banks, attorneys, Relationship Managers, Credit Product Officers (CPO) and Credit Officers), 2) along with Relationship Manager, ensuring loan documents accurately reflect approved terms and conditions and are executed in a timely manner, 3) work with Deal Team ensuring closing conditions outlined in the credit approval, or identified during closing process and approved by Credit, are satisfied 4) working with business partners to ensure closing related fees are received, distributed and applied correctly, 5) ensure or coordinate proper setup of transactions in loan system by Loan Servicing Team, 6) determining when loan is "clear to close" and communicating with Deal Team, 7) performing due diligence searches, as requested, 8) updating shared document repository deal sites with closing related and post-closing documentation and due diligence and 9) generating and disbursing ongoing transactional notices for participant banks.

• This is an intermediate-level LCO position
• Assigned to loans that are more complex or that require greater independence in closing condition resolution
• Empowered to use judgement to determine materiality regarding clearing closing conditions or the need for escalation

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties and special projects may be assigned.

EDUCATION

Bachelor's Degree or equivalent related experience required

EXPERIENCE

KNOWLEDGE, SKILLS AND ABILITIES

ADDITIONAL INFORMATION