Pittsburgh, PA, 15222, USA
5 days ago
Commercial Loan Closing Specialist
**Summary of the Position:** The Commercial Loan Closing Specialist coordinates the loan closing process for new loans and modifications to existing loans within the C&I and CRE portfolio. This includes performing necessary due diligence (i.e. flood work, engaging inspectors & environmental engineers, review of insurance), reviewing loan approvals and draft documents, ensuring all closing conditions have been met and scheduling closings. **Essential Functions of the Position:** + Liaise with Bank Counsel to review complex loan documents + Participate actively in deal closing calls that include internal and external deal team members and counsel + Ensure documentation accurately reflect the conditions and structure set forth in the credit approval + Work with Relationship Manager/Underwriter to understand the transaction and make sure that all relevant documentation and necessary due diligence is obtained + Prepare funding requests and ensure accurate and complete funding information to ensure a timely closing + Resolve post-closing loan requirements and clear exceptions. **Education and Experience Requirements:** + Post-secondary degree preferred + Minimum 4 years of experience, including 2 years of bank operations processing, loan closings or related experience + Commercial Real Estate experience **Essential Skills and Abilities:** + Demonstrated knowledge of loan documentation and lending regulations and ability to effectively interface with customers, internal and external counsel, compliance, credit, title companies, inspectors, insurance companies and other external contacts + Job may require additional hours of work during peak periods to meet service levels + Must demonstrate strong follow-up skills and the ability to prioritize tasks effectively
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