Job Description
Commercial Loan Closer To $90K Houston, TX Job # 3249 Who We Are The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & San Antonio, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves! We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you. The Position Our bank client is seeking to fill a Commercial Loan Closer role in the Houston, TX area. The successful candidate will be responsible for reviewing and verifying loan documents including income, credit, appraisal, and title insurance, and ensuring the information is complete, accurate, and complies with Bank policies, SBA Guidelines as well as meets underwriters' requirements. The position offers a generous salary of up to $90K and a full benefits package. (This is not a remote position). Commercial Loan Closer responsibilities include:
- Reviewing the credit files and completing all necessary documentation for SBA packaging files.
- Entering information into the loan operating system (LOS), following up and communicating with both loan pre- closers and loan officers to obtain missing or updated documentation to process the loan file in a timely manner.
- Working closely with commercial lenders, business development officer, underwriting, attorneys, document preparation, third-party vendors, and customers to prepare loan package closing.
- Maintaining control over loans(s) in the process to detect any potential and/or developing problems and ensure all department managers are informed of any issues.
- Reviewing closing documents upon receipt from the bank attorney to ensure conformance with the approved loan terms and conditions.
- Ordering and reviewing UCC/Federal/State/County preliminary lien searches, title commitments, flood search, appraisal, environmental reports, and requests
- Timely communication with the borrower, commercial lender, and pre-closer regarding missing items needed to complete loan closing.
- Ensuring prompt payment of Guaranty fee in the SBA/USDA required time frame.
- Reviewing articles and by-laws/operating agreements, where applicable of partnership, corporation, and limited liability company (LLC).
- Following internal audit procedures to ensure files are properly documented and scanned into an electronic scanning system.
- Clearing any outstanding items, exceptions, and liens, prior to or at, closing time.
- Performing other duties as assigned by management.
- Bachelor's Degree (AA) from a four-year college or university and two to five years related experience and/or training; or equivalent combination of education and experience.
- Advanced knowledge of lending operations and closing procedures.
- Knowledge of commercial lending and SBA lending processes is required to assist in the preparation of this information.
- Ability to calculate figures and amounts to apply math concepts.
- Ability to apply sound judgment and understanding to carry out instructions and/or to solve problems with variables.
Key skill Required
- Accounting
- Business Development
- Ability To Calculate Figures
- Audit
- Commercial Lending
- Communication
- Development
- Document Preparation
- Documentation
- Environmental
- Influence
- Insurance
- Internal Audit
- Lending
- Liability
- Loan Closing
- Management
- Operating System
- Packaging
- Partnership
- Scanning
- Sound Judgment
- Talent Acquisition
- Training
- Underwriting
