Loan Closer - Commercial Real Estate CRE

The Closer is responsible for ensuring the accurate and timely closing of commercial loans. This role involves coordinating with various departments preparing closing documents and managing the closing process to ensure compliance with bank policies and regulatory requirements.

Key Responsibilities:

• Prepare and review closing documents for commercial loans: CRE Construction C&I and unsecured line of credits.
• Coordinate with underwriting legal compliance and other departments to ensure all conditions are met prior to closing.
• Independently manage the review of the preliminary title report resolve issues and request the appropriate endorsements for the final policy.
• Communicate with borrowers attorneys and third parties to facilitate smooth loan closings.
• Ensure all loan documentation is complete and accurate.
• Manage the closing calendar and schedule closing dates.
• Conduct final reviews and quality checks on closing packages.
• Ensure compliance with all regulatory requirements and internal policies.
• Resolve any issues that arise during the closing process.
• Maintain accurate records of closed loans and update loan management systems.

#LIHybrid

Qualifications :

• Bachelors degree in finance business administration or a related field.
• Minimum of 5 years of experience in commercial loan closing.
• Strong knowledge of commercial loan products and closing procedures.
• Excellent organizational communication and problemsolving skills.
• Ability to manage multiple tasks and meet deadlines.

Preferred Qualifications:

Paralegal certification or related legal background.

Compensation:

The expected annual salary for this position is between $85000 $100000 at the start of employment. A salary offer is determined on an individualized basis taking into consideration factors such as an individuals skills and experience. In addition to base salary our total rewards package also includes eligibility for an annual bonus medical pharmacy dental and vision plans life and disability insurance employee wellness program retirement and savings plans with employer contributions generous holiday and paid time off schedules parental leave and tuition reimbursement.

Additional Information :

The Bank will make reasonable accommodations to the following employees to allow them to perform the essential functions of their position except where doing so would result in undue hardship to the Bank:

• Those with a known mental or physical disability.
• Pregnant individuals and/or individuals with pregnancy or childbirthrelated medical conditions.
• Victims of domestic violence sex offenses or stalking.
• Employees with religious observance and practice obligations.

Any employee who believes he or she needs an accommodation for any of the above reasons should contact their supervisor or a member of Human Resources to request such an accommodation. In each case the Bank will engage in a good faith written or oral dialogue concerning the individuals accommodation needs; potential accommodations that may address the individuals accommodation needs including alternatives to a requested accommodation; and the difficulties that such potential accommodations may pose for the employer.

The Bank retains the ultimate discretion to choose the appropriate reasonable accommodation. Upon reaching a final determination at the conclusion of the cooperative dialogue the Bank will provide the requesting individual with a written final determination identifying any accommodation granted or denied. In addition the Bank will maintain any information regarding the employees request and status in the strictest confidence except as requested by the employee as required on a needtoknow basis or as otherwise required by law.

Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time as needed.

All your information will be kept confidential according to EEO guidelines.

IDB BANK INCLUDING ITS SUBSIDIARIES AND DIVISIONS PROVIDES EQUAL EMPLOYMENT OPPORTUNITIES TO ALL EMPLOYEES AND APPLICANTS FOR EMPLOYMENT WITHOUT REGARD TO RACE COLOR RELIGION SEX SEXUAL ORIENTATION NATIONAL ORIGIN AGE DISABILITY GENETIC STATUS CITIZENSHIP STATUS MARITAL STATUS MILITARY OR VETERAN STATUS CURRENT UNEMPLOYMENT OR ANY OTHER LEGALLY PROTECTED CATEGORY IN ACCORDANCE WITH APPLICABLE FEDERAL STATE AND LOCAL LAW. NOTHING IN THIS SITE CONSTITUTES A PROMISE OR OFFER OF EMPLOYMENT.

IDB BANK INCLUDING ITS SUBSIDIARIES AND DIVISIONS PROVIDES EQUAL EMPLOYMENT OPPORTUNITIES TO ALL EMPLOYEES AND APPLICANTS FOR EMPLOYMENT WITHOUT REGARD TO RACE COLOR RELIGION SEX SEXUAL ORIENTATION NATIONAL ORIGIN AGE DISABILITY GENETIC STATUS CITIZENSHIP STATUS MARITAL STATUS MILITARY OR VETERAN STATUS CURRENT UNEMPLOYMENT OR ANY OTHER LEGALLY PROTECTED CATEGORY IN ACCORDANCE WITH APPLICABLE FEDERAL STATE AND LOCAL LAW. NOTHING IN THIS SITE CONSTITUTES A PROMISE OR OFFER OF EMPLOYMENT.

Remote Work :

No

Employment Type :

Fulltime