VP/Commercial Loan Closing Manager

Overview

This role directs the day-to-day operations of the commercial loan closers, including workflow management, quality control and employee development. The Commercial Loan Closing Manager oversees commercial loan closings to ensure transactions are completed accurately and timely in accordance with approved loan terms, Bank policies and regulatory requirements and coordinates with applicable business lines to identify and resolve closing-related issues.

Responsibilities

• Manage loan closer workflows and oversee the preparation, review and execution of commercial loan closing documents, ensuring documentation is accurate, complete, compliant and consistent with approved loan terms, Bank policies and applicable regulations.
• Act as a liaison between the commercial loan closers and the Commercial Lending and Loan Servicing Departments to proactively identify and resolve potential issues during the closing process.
• Perform final quality control review of commercial loan closing transactions to ensure accuracy, completeness and compliance with approved loan terms, Bank policies and regulatory requirements.
• Monitor and resolve closing exceptions, documentation deficiencies and oversee post-closing review processes to ensure accuracy of loan setup requirements and related documentation.
• Provide management with regular updates regarding closing activity, pipeline status, operational trends and potential risks.
• Supervise commercial loan closing staff, including work assignment, training, coaching, performance management and employee development.

Qualifications

• High school diploma or equivalent required; bachelor’s degree preferred.
• Minimum 6 years of experience in commercial lending, commercial loan administration, loan documentation or commercial loan closing required.
• Paralegal training or professional paralegal certification preferred.
• Prior supervisory or management experience required.
• Strong understanding of commercial loan documentation, collateral perfection requirements and loan funding processes, including commercial lending regulations and industry best practices.
• Proficiency in Microsoft Office Suite required.
• Excellent written and verbal communication skills.
• Strong customer service skills.
• Strong organizational, analytical and problem-solving skills.

WORKING CONDITIONS:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Regular attendance and punctuality are essential functions of every job. Reasonable accommodation may be made to enable qualified individuals with disabilities to perform essential functions.

 

Perform routine office activities including typing, reading, computer work, filing, copying and telephone use. The position may require standing, stooping, kneeling, crouching and lifting.

 

The successful candidate will be required to prove on the first day of work that they are legally authorized to work in the U.S. The Bank will not sponsor a candidate for a visa or for work authorization.