Commercial Loan Closer $29.36/Hr
Veterans Sourcing GroupJohnston, RI
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Overview
Remote
On-site
Job Description
Commercial Operations Loan Closer Johnston, RI - Onsite - works 5 days in the office Hours per Week: 40 Work Schedule: 8:00am – 5:00pm, Monday - Friday We work together to make a difference for companies that are building, supplying, and serving industries and consumers across the country.
- You will be a critical member of the client relationship team that is responsible for ensuring loans with complex loan structures or documentation requirements are closed and documented in accordance with our Business Banking credit policy.
- You will be responsible for accurately booking loans into the loan accounting system, performing appropriate due diligence tasks, reviewing operational risk components, and ensuring conditions are met prior to closing or funding a loan with a particular focus on C&I financing.
- You will function as a gate keeper for certain compliance and reporting requirements and will perform these functions under the supervision of a Team Leader and/or Manager. As part of the Business Banking Operations team, you will thrive in this role by possessing strong verbal and written communication skills to interact efficiently and effectively with internal business partners, legal counsel, and clients. Most importantly, you will feel valued for who you are and supported to achieve your best, both personally and professionally!
- Knowledge of Federal regulations, loan documentation terms and conditions including credit agreements, notes, guarantees, and collateral is required as you will act as a gate keeper for certain compliance and reporting requirements.
- Responsible for ensuring loans are closed and documented in accordance with the Citizens credit approval procedure.
- Accurately booking the loan to the loan accounting system.
- Successfully manage a loan pipeline of 25-30 transactions; communicating clearly and timely to partners and customers on status and conditions.
- Perform appropriate due diligence tasks, review operational risk components, and ensure conditions precedent are met prior to closing or funding a loan
- Effectively work with sales partners, customers, legal counsel, and third parties to clear all pre-closing conditions including environmental reports, appraisals, flood determinations, lie positions and title work.
- Reconcile Loan Accounting Recon account for assigned loans.
- Manage and clear post-closing legal documentation exceptions in compliance with bank policy.
- Implement effective controls and proactively initiate action over key client indicators and managing loan closings within established Key Performance Indicators (KPI's).
- Provides exceptional customer service while adhering to Bank policies and controls and regulatory requirements.
- Mitigate operational and reputational risk
- Qualifications, Education, Certifications and/or Other Professional Credentials
- 1-3 years of relevant experience in a business/commercial lending environment.
- Exceptional customer service and communication skills.
- Highly motivated and team oriented.
- Ability to manage and resolve moderately complex problems.
- Excellent time management skills with the ability to effectively manage a pipeline of credits, independently prioritizing activities.
- Strong organizational skills with the ability to manage multiple priorities in a time sensitive environment while maintaining service level agreements.
- Experience with AFS and Laser Pro are a plus.
- High School or equivalent (GED) required
- Associate's Degree or higher is preferred
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FAQs About Commercial Loan Closer $29.36/Hr Jobs at Veterans Sourcing Group
What is the work location for this position at Veterans Sourcing Group?
This job at Veterans Sourcing Group is located in Johnston, RI, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Veterans Sourcing Group?
Employer has not shared pay details for this role.
What employment applies to this position at Veterans Sourcing Group?
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