Commercial Loan Closing Specialist

Benefits

Additional Information

Job Description Summary Manage financial transactions, prepare performance reports, handle complex finance administration projects, and reconcile accounts. Job Description 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 Education Bachelor's: Accounting, Bachelor's: Business Administration, Bachelor's: Finance Work Experience General Experience - 7 to 12 months Certifications Travel Workstyle Resident The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com. At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view. We expect our associates at all levels to: - Grow professionally and inspire others to do the same - Work with and through others to achieve desired outcomes - Make prompt, pragmatic choices and act with the client in mind - Take ownership and hold themselves and others accountable for delivering results that matter - Contribute to the continuous evolution of the firm At Raymond James - as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.