Newark, DE, USA
1 day ago
Commercial Deal Closing Associate
Kforce has a client in Newark, DE that is seeking a Commercial Deal Closing Associate responsible for managing all aspects of the commercial loan closing process - from documentation review to funding coordination - in collaboration with internal teams, borrowers, legal counsel, and third-party vendors. The ideal candidate will have strong Excel and organizational skills, exceptional communication abilities, and a willingness to learn complex lending structures, including syndicated and structured loan products. Key Responsibilities: * Coordinate the end-to-end closing process for a variety of commercial loan types, including term loans, lines of credit, real estate, construction, and syndicated loans * Review and track all necessary documentation such as loan agreements, UCC filings, insurance certificates, compliance certificates, and closing checklists * Work closely with internal stakeholders (credit, legal, portfolio management, operations) and external parties (borrowers, attorneys, title companies) to ensure accurate and timely closings * Prepare closing statements, funding memos, and disbursement instructions in accordance with approved credit terms * Input and verify loan data in internal systems and Excel-based trackers with high attention to detail * Identify and escalate discrepancies, missing items, or risks that may delay or impact the closing * Maintain up-to-date and accurate loan files in compliance with regulatory and internal policy requirements * Support post-closing functions including document scanning, filing, and follow-up for trailing documents * Continuously improve processes and contribute to system enhancements or procedural updates * Learn and adapt to the nuances of different commercial loan structures, including complex and multi-lender deals
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