Officer - Loan Closing

The Officer, Loan Closing Coordinator is responsible for managing and coordinating all  aspects of the loan closing process to ensure accuracy, compliance, and timely funding. This role  requires hands-on experience with loan documentation, closing procedures, and the use of the  LaserPro system. The individual will act as a key liaison between internal departments and  external vendors to facilitate efficient loan closings while adhering to regulatory and institutional  guidelines.  

Loan Documentation & Closing Preparation  

• Prepare and review loan closing documents using the LaserPro system for assigned loan  transactions.  
• Ensure all documentation is complete, accurate, and compliant with internal policies and  regulatory requirements.  
• Generate and review loan closing packages prior to execution.  

Coordination & Communication  

• Serve as the primary liaison with external vendors, including title companies, attorneys,  and other third parties.  
• Coordinate closing schedules and ensure all parties are aligned for timely execution. 
• Communicate effectively with lenders, underwriters, and operations teams regarding loan  status and requirements.  

Pre-Funding Review  

• Conduct preliminary reviews of closed loan files to verify completeness and accuracy  prior to funding.  
• Identify and resolve documentation discrepancies or missing items before funding  approval.  

Closing & Escrow Management  

• Prepare loan closing statements and ensure accuracy of all financial figures. 
• Input and release escrow holds and CDs (Certificates of Deposit) in accordance with  bank procedures.  

Transaction Processing  

• Perform transaction posting related to loan closings in the core banking system. 
• Ensure all financial transactions are properly recorded and balanced.  

Education  

• Bachelor’s degree in Finance, Business Administration, or related field preferred (or  equivalent work experience).  

Experience  

• 3–5 years of hands-on experience in loan closing, loan coordination, or lending  operations required.  

• Proven experience using the LaserPro system is required.  

• Strong understanding of loan documentation, closing procedures, and compliance  requirements.  

Skills & Competencies 

•  Strong attention to detail and high level of accuracy  
• Excellent organizational and time management skills  
• Ability to manage multiple transactions simultaneously  
• Strong communication and interpersonal skills  
• Knowledge of lending regulations and compliance standards  
• Proficiency in banking systems and Microsoft Office Suite  

Salary : $65,000 - $75,000