Cleveland, OH, 44101, USA
23 hours ago
CRE Loan Closing Specialist - Senior
Description Summary: The CRE Loan Closing Specialist - Senior is directly responsible for integrity of loan closing, due diligence, documentation, compliance, loan booking, and closing files for assigned customers and loans. Manages closing portfolio of Commercial Real Estate loans supporting the Community Impact Capital (CIC) team. Responsible for delivering an outstanding experience to customers and business partners, while carrying out sound risk management practices, within a dynamic business development environment. This position works closely with customers, outside counsel and external consultants, Credit Administration, and CRE along with other business segments.Duties & Responsibilities: + Responsible for initiating and driving the loan closing process, coordinating the activities, decisions, and communications amongst the deal team with the customer, outside counsel, and third parties. + Responsible for the integrity of loan closings, due diligence, documentation, compliance, loan booking, and closing files for CRE customers and loans. Including: review and sign closing documents, ensure the loan structure and terms conform to credit approval and bank policies, and requirements to close are in place, identify and appropriately mitigate exceptions. + Makes decisions that influence risk management and customer relationships for loans that are typically greater than $5 million, with custom, complex terms that may involve construction, acquisition, bonds, syndication, tax credits, credit derivatives, etc. Collaborates with Sales and Portfolio Managers to influence business decisions + Responsible for proactive identification of potential risks and adverse situations that may impact the bank’s interest – at loan and portfolio level, including other business segments as assigned. Communicates and/or escalates risks, pursues corrective action and drives solutions + Orders and reviews due diligence such as title commitments, flood determinations, insurance and other pre-closing items, and coordinates review with respective banker, outside counsel and title company. Prepares closing statements, ensuring all fees are collected (e.g. appraisal fees, commitment fees and other closing fees). Prepares forms necessary to book loan on system of record. + Responsible for clearing any outstanding post-closing items and collateral exceptions, and ensures accuracy of loan and customer information on system of record; works with Commercial Loan Servicing to resolve errors. Manages closing checklist, certifications, and closing files according to Business Segment standards. + Performs other duties as assigned. Basic Qualifications: + Business Administration or Finance degree preferred + 5+ years commercial real estate experience in banking industry with construction loan management may be considered Preferred Qualifications: + 1+ year Low Income Housing Tax Credit (LIHTC) experience preferred + Demonstrates confidence, assertiveness, professionalism, and ability to interact with all levels within the organization in a professional manner + Proficient use of Microsoft Office and other internet resources + Excellence in customer service, highly motivated, focused and goal oriented + Excellent written and verbal communication skills, including grammar and demeanor + Strong organizational skills with attention to detail, planning and follow-up + Ability to work independently on multiple tasks without compromising quality Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay) Yes Workplace Type: Office Our Approach to Office Workplace Type Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team. Huntington is an equal opportunity and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law. Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details. Agency Statement: Huntington does not accept solicitation from Third Party Recruiters for any position Huntington will not sponsor applicants for this position for immigration benefits, including but not limited to assisting with obtaining work permission for F-1 students, H-1B professionals, O-1 workers, TN workers, E-3 workers, among other immigration statuses. Applicants must be currently authorized to work in the United States on a full-time basi
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