What are the responsibilities and job description for the Loan Closer - Commercial position at Largeton Group?
Job Summary Loan Closer (Commercial)
- Manage all aspects of commercial loan activity from approval through closing, funding, booking, and ongoing servicing.
- Act as primary liaison between Relationship Managers, lenders, internal teams, attorneys/counsel, and other stakeholders.
- Coordinate and track deal flow, ensuring loans close accurately and on schedule.
- Review and assemble closing documentation, due diligence materials, insurance, application, and regulatory requirements.
- Identify, escalate, and assist in resolving transaction issues prior to closing; maintain proper controls and risk management.
- Collaborate with closing and servicing teams to support accurate booking, accrual reconciliations, cash positions, payments, draws, and payoffs.
- Audit loan documents for accuracy and completeness; assist in executing closings as needed.
- Communicate with lenders and internal partners to resolve issues, collect missing items, and ensure all closing requirements are met.
- Maintain strong compliance with policies, procedures, and regulatory standards.
- Work effectively in a high-volume, deadline-driven environment.
- Utilize Microsoft Office suite proficiently; experience with nCino or banking core systems is beneficial.
- Preferred experience with Commercial Real Estate and/or Commercial & Industrial (C&I) loan documentation.
Salary : $40 - $55