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Commercial Loan Closing Assistant - Hybrid - Jackson, MS

Hope Credit Union / Hope EnterprisesJackson, MS

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Job Description

  • Title: Commercial Loan Closing Assistant
  • Department: Commercial Lending
  • Reports To: Vice President, Loan Operations Manager
  • Supervises: None
  • Job Classification: Full-time; non-exempt
  • Location: Hybrid (Jackson, MS )

The Commercial Loan Closing Assistant is responsible for preparing and managing documentation for commercial and small business loan closings. This role involves coordinating with internal teams, clients, and third parties to ensure a smooth, timely, and compliant closing process. Key responsibilities include collecting and verifying required documentation, ensuring all parties have the necessary materials, and supporting the overall loan closing workflow.

This position reports to the Loan Operations Manager but will provide direct day-to-day support to the Loan Closing Team. Additionally, the assistant will support other loan operations functions as needed.

Responsibilities:

  • Assemble and organize loan closing documents, including loan agreements, promissory notes, and other required documentation to support the loan closing process.
  • Collaborate closely with the Loan Closing Department to accept assignments and provide ongoing support throughout the loan closing cycle.
  • Ensure all documentation and processes comply with applicable legal, regulatory, and internal policy requirements.
  • Communicate with borrowers to obtain necessary documentation to process their loan requests.
  • Participate in weekly loan closing meetings to assist in resolving issues or delays related to pending loans.
  • Process loan payments as required.
  • Prepare reports related to loan closing and operations, as needed.
  • Assemble complete loan packages in accordance with procedural standards.
  • Verify loan boarding data sheets to ensure accuracy and completeness, as needed.
  • Support loan processing activities such as ordering flood certifications, following up on insurance documentation, ordering title work, and conducting other due diligence tasks, as needed.
  • Perform other duties and special projects as assigned.

Required Qualifications :

  • High School Diploma or GED
  • Two or more years of experience in loan documentation and closing, preferably in commercial or small business lending.
  • Ability to manage multiple projects while maintaining accuracy and efficiency
  • Ability to use navigate in multiple computer systems and applications (i.e., Excel)

Key Competencies & Skills

  • Attention to detail
  • Initiative
  • Results orientation
  • Ability to effectively communicate roadblocks and tasks to vested parties

Work Environment:

  • Employee spends most of their time in an office environment, accessible to the public, customers, potential customers, and external counsel.
  • Noise level in the work environment is usually moderate
  • Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Comprehensive Benefits Package:

  • Paid Vacation and Sick Time
  • 11 Paid Holidays
  • 401(k) with Company Match
  • Medical, Dental, and Vision Benefits
  • Flexible Spending Account (FSA)
  • Disability Benefits
  • Life Insurance, Critical Illness, Accident
  • Employee Assistance Program (EAP)
  • Tuition Reimbursement, Professional Development

Hope Enterprise Corporation does not participate in or engage in any form of visa sponsorship, including employment-based visa applications or extensions (e.g., H-1B, TN, O-1, OPT, STEM OPT, etc.). Candidates must be legally authorized to work in the United States at the time of application and throughout the duration of employment.

We are an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status

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