Homebuilder And Community Finance Loan Closing Specialist

Texas Capital is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of the big firms at a scale that works for our clients, with highly experienced bankers who truly invest in people's success - today and tomorrow.

While we are rooted in core financial products, we are differentiated by our approach. Our bankers are seasoned financial experts who possess deep experience across a multitude of industries. Equally important, they bring commitment - investing the time and resources to understand our clients' immediate needs, identify market opportunities and meet long-term objectives. At Texas Capital, we do more than build business success. We build long-lasting relationships.

Texas Capital provides a variety of benefits to colleagues, including health insurance coverage, wellness program, fertility and family building aids, life and disability insurance, retirement savings plans with a generous 401K match, paid leave programs, paid holidays, and paid time off (PTO).

Headquartered in Dallas with offices in Austin, Fort Worth, Houston, Richardson, Plano and San Antonio, Texas Capital was recently named Best Regional Bank in 2024 by Bankrate and was named to The Dallas Morning News' Dallas-Fort Worth metroplex Top Workplaces 2023 and GoBankingRate's 2023 list of Best Regional Banks. For more information about joining our team, please visit us at www.texascapitalbank.com.

The Loan Operations Homebuilder and Community Finance ("HBCF") Loan Closing Specialist is responsible for ensuring all HBCF loans originated in the bank are closed in accordance with the loan approval and in accordance with the Bank's credit policy requirements. The HBCF Loan Closing Specialist 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 closing specialist serves as the point of contact and process driver throughout the loan origination process and post-closing portfolio management.

Responsibilities

• Manage and lead the coordination of HBCF loan closings from term sheet to initial funding and booking, including complex credits such as participations and syndications, by interfacing with internal business partners, clients, title companies, attorneys, syndicate bank members, 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.

• Request, order, review and analyze due diligence required to close an HBCF loan, including but not limited to, entity documentation, flood determinations, appraisal, inspections, environmental reports, insurance, title, survey, budgets, and all construction related documentation.

• 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 HBCF portfolio.

• Act as a liaison with various internal business partners to facilitate account openings, client on-boardings, loan fundings, and maintenance.

• Perform timely and accurate system input of builder requests for collateral/units to be added to lines of credit.

• Process builder draw requests on weekly basis, including inspections of units, updating percent complete in system and reviewing reports to determine availability.

• Review/reconcile monthly/quarterly collateral reports provided by builder for accuracy with HBCF reports.

• Prepare and process renewal letters for builder's maturing collateral units monthly.

• Handle approximately 10 builder portfolios which may be borrowing base or guidance lines of credit

• Establish and maintain effective relationships with customers, business partners and team members to ensure an exceptional client experience.

• Assist with special projects or other various operational duties and responsibilities as needed.

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 additional duties that are reasonably related to individual employees consistent with standard departmental policy.

Qualifications

• Required- Minimum 3 years commercial loan closing experience with at least 2 years of real estate or construction loan documentation and collateral tracking experience preferred.

• Required- Ability to manage multiple loans at one time to meet critical closing deadlines.

• Required- Prior commercial loan closing experience to include due diligence requirements around commercial collateral and entity documentation. Demonstrated expertise in reviewing and interpreting all types of loan documentation and lien perfection for attorney and internally prepared documents.

• Required- Ability to interface effectively and build and maintain positive working relationships with executive management, clients, attorneys, title companies, third party consultants and handle confidential information with discretion.

• Experience with TCL/Loan Momentum collateral management system a plus

• Proficient knowledge of Outlook, Word, and Excel.

• Exceptional problem-solving and critical thinking skills

• Ability to work independently with minimum amount of supervision

• High attention to detail

• Customer Service mindset with personal initiative and urgency to resolve issues, answer questions and elevate problems when outside authority limits or knowledge level

• High attention to detail

• Preferred- Degree preferred, but commensurate work experience will be strongly considered

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.