Closing Officer

Job description

Popular Association Loan Closing Mgmt We are currently sourcing for a Closing Officer. This position will be responsible for closing due diligence and documentation of commercial loans in the Loan Documentation team in Popular Bank. In this position, you will: Additional duties and responsibilities may be assigned as needed to support departmental operations. - Receive and review requests for closing community association commercial loans. - Be responsible for effectively processing a high volume of loan requests under minimum level of supervision, by obtaining, verifying, completing, and maintaining all necessary loan documentation. - Review and research lit/lien, title searches, and title commitments, and work with loan officer to clear all exceptions. - Ensure that all formation documentation such as Articles of Incorporation, Certificates of Trust, Certificates of Good Standing, Corporate Resolutions, Bylaws etc., are included in the loan package, as applicable. - Review types of collateral being taken by the Bank, for appropriate documentation and to ensure Bank’s ability to perfect its position. - Update the Loan Closing Access Database and/or related applications to ensure a...