Commercial Loan Closing Specialist
Kforce
Kforce banking client is seeking a Commercial Loan Closing Specialist to work onsite in Los Angeles, CA. The Commercial Loan Closing Specialist is responsible for all aspects of loan closing and perfection of collateral.
Responsibilities:
* Day-to day loan closing duties, including, monitoring e-mails, ordering tax service contracts, collateral perfection and funding of loans
* Close all loan types, including large and complex commercial loans
* Prioritizes workload to accommodate the fast-paced environment and time-sensitive deadlines
* Assists with various department functions in the absence of staff members or in the case of high-volume situations
* Offers feedback and suggests solutions to issues that may arise throughout the closing process
* Provides support to Loan Documentation and areas of the department, in which service or assistance is needed
* Collects and reviews documents required for closing
* Interacts and communicates effectively with commercial lenders and the closing team to ensure loans are closed, in accordance with the terms of the loans
* Works closely with escrow, title, and lending personnel to ensure timely and efficient loan closings, as well as, to clear any collateral defects for completion of the documentation file
* Ensures loan closing, funding, wire preparation and forwarding of loan for booking are completed within set timeframes and guidelines
* Conducts on-line searches for the company's data, files UCC's, order tax service contracts and generates various other reports
* Reviews UCC post-search reports and title policies to ensure the company's correct lien position
* Maintains and collects loan and collateral documents and provides related documents, as required, to the Loan Operations Department, lending personnel and for internal and external audits
* Ensures loan and collateral documents are scanned into the company's designated document management system
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