Commercial Loan Closing Administrator
Core
Coordinate loan closing and funding activities, acting as a liaison between internal teams (portfolio managers, underwriters) and external parties (attorneys, title agents, escrow) to ensure all pre-funding requirements are met and deadlines are met.
Role type
Commercial Loan Closing Administrator
Builds
Loan closing and funding processes for commercial lending
Domain
Banking / Commercial Lending
Required skills
Loan documentation interpretation, data entry, compliance monitoring, checklist management, stakeholder coordination, Microsoft Excel proficiency
Preferred skills
LaserPro knowledge, commercial loan document interpretation
Responsibilities
Coordinate closing and funding activities with internal and external parties; Ensure all pre-funding requirements are met; Read loan documents to ensure consistency with approval; Maintain and manage closing checklists; Monitor schedules to ensure deadlines are met; Prepare internal closing fee schedules; Follow up on receipt of executed loan documents.
Seniority
Mid-level, hands-on IC