Loan Closing Officer
Current*Partner with key stakeholders to drive loans to closure in an accurate and timely manner.* Coordinate and execute all aspects of commercial loan closing from loan approval through closing. This includes communication with borrowers, engagement of third parties, communication with bank counsel, resolution of prerequisites to closing and capture of required data. * Identify and resolve process or business related obstacles to loan closing, escalate as needed.* Develop knowledge and understanding of support and loan documents required for the borrowing entity, collateral type and loan controls and/or covenants contained in the credit approval for various commercial and consumer loans, including those with greater complexity (e.g., multi-bank transactions, non-accrual, etc.).* Determine required documentation based on the loan type and orders documentation from the appropriate source (National Document Preparation, Corporate Legal or outside legal counsel).
