Commercial Loan Closer – To $70K – Houston, TX – Job # 2128
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 market. The successful candidate will be responsible for Reviews the credit files and completes all necessary documentation for SBA packaging files. The candidate will be reviewing and verifying loan documents including income, credit, appraisal, title insurance, etc., and ensuring the information is complete, accurate, and complies with Bank policies, SBA Guidelines as well as meets underwriters’ requirements.
The position includes a generous salary of up to $70K along with an excellent benefits package.
Commercial Loan Closer responsibilities include:
- Working closely with commercial lender, business development officer, underwriting, attorneys, document preparation, third-party vendors (i.e., real estate brokers, title companies, insurance agency, etc.), and customers to prepare loan package closing.
- 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.
- 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.
- Managing the timely communication with the borrower, commercial lender, and pre-closer regarding missing items needed to complete loan closing.
- Ordering and reviewing UCC/Federal/State/County preliminary lien searches, title commitments, flood search, appraisal, environmental reports, and requests the essential loan documentation as indicated by the credit underwriter and/or Bank procedures to ensure completeness of loan files.
- Reviewing closing documents upon receipt from bank attorney to ensure conformance with the approved loan terms and conditions.
- Reviewing articles and by-laws/operating agreements, where applicable of partnership, corporation, and limited liability company (LLC).
- Ensuring prompt payment of Guaranty fee in the SBA/USDA required time frame.
- Reviewing scanned loan documents on the closed loan file assigned to you by VP/Closing Department Manager before it is given for final Quality Control (QC) review.
- Following internal audit procedures to ensure files are properly documented and scanned into an electronic scanning system.
- Performing other duties as assigned by management.
Who Are You?
You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.
You also bring the following skills and experience:
- Bachelor’s Degree (AA) from four-year college or university and two or more years related experience and/or training, or equivalent combination of education and experience.
- Advanced knowledge of lending operations and closing procedures.
- Ability to apply sound judgment and understanding to carry out instructions and/or to solve problems with variables.
- Completes annual required compliance training.
- Must be willing to participate in at least one CRA related event.
- Computer skills required: Microsoft Office Suite.
- Ability to calculate figures and amounts and to apply math concepts.
- Willingness to learn new tasks and approaches for accomplishing assignments.
- Speaks clearly and persuasively in positive or negative situations, listens and gets clarification, responds well to questions, and participates in meetings.
The next step is yours. Email us your current resume along with the position you are considering to:
resumes@symicorgroup.com