Commercial Closing Officer - Commercial Banking Admin NAS

Job description

SUMMARY: Responsible for the integrity of the loan closing, due diligence, documentation, loan booking and closing files for assigned customers and Commercial loans. This includes ensuring that the loan structure and terms conform to the credit approval and bank policies, the requirements to close are in place, and identify and appropriately mitigate exceptions. This position requires a thorough knowledge of policies and procedures as they relate to the commercial lending function. ESSENTIAL DUTIES AND RESPONSIBILITIES: Practices the standards of the Bank’s Mission, Vision, and Pledge. Orders, obtains and reviews documents, in conjunction with the Commercial Associate Banker, relating to the due diligence process in order to identify and report deficiencies such as title commitments, flood determinations, hazard and flood insurance, UCC searches and other pre-closing items Assists in the collection and preparation of appropriate data, including information obtained from internal sources as well as from other lending institutions, trade and credit associations. This includes data required to be collected from loan applicants by banking regulation. Ensures that all required informati...