What are the responsibilities and job description for the Closing Specialist position at Lowell Five Bank?
The Closing Specialist performs a variety of duties to ensure accurate
and complete documentation on closed loan files. This position will be
responsible for preparation of closing documents, final figures, and
funding for loans.\
ABOUT LOWELL FIVE\
With \$1.9 billion in assets, over 200 employees and 16 banking and
lending locations throughout the Merrimack Valley and Southern New
Hampshire, Lowell Five Bank is honored to play a vital role in the
economic vitality of the region. Our employees are engaged in myriad
community boards and organizations with the Banks support. We are proud
of the longevity of our employees, and we are committed to finding new
talent for our team. We offer career development and educational
programs to support personal and professional growth along with a
benefit package that supports each employees best life.\
ESSENTIAL DUTIES AND RESPONSIBILITIES\
attorneys and following up with the clients for acknowledgments.\
Office is required and Finastra and/or Epic system(s) is preferred.\
and complete documentation on closed loan files. This position will be
responsible for preparation of closing documents, final figures, and
funding for loans.\
ABOUT LOWELL FIVE\
With \$1.9 billion in assets, over 200 employees and 16 banking and
lending locations throughout the Merrimack Valley and Southern New
Hampshire, Lowell Five Bank is honored to play a vital role in the
economic vitality of the region. Our employees are engaged in myriad
community boards and organizations with the Banks support. We are proud
of the longevity of our employees, and we are committed to finding new
talent for our team. We offer career development and educational
programs to support personal and professional growth along with a
benefit package that supports each employees best life.\
ESSENTIAL DUTIES AND RESPONSIBILITIES\
- Coordinates loan closings with attorneys when they are cleared to
- Prepares Closing Disclosures in adherence to regulatory and Bank
attorneys and following up with the clients for acknowledgments.\
- Reviews residential mortgage files and commercial loan closing
- Prepares balance sheets, confirms disbursement amounts at closing.\
- Approves settlement statement, verifies the net funding amount, and
- Prepares checklists for closed loan packages; notifies attorneys of
- Perform other duties as assigned.\
- Minimum of two years experience in real estate loan closing strongly
- Working knowledge of various legal closing documents and TRID
- Willingness and aptitude to learn new systems is required to support
Office is required and Finastra and/or Epic system(s) is preferred.\
- Detail-oriented with strong organizational skills.\
- Ability to multi-task, prioritize, and meet deadlines under variable
- Flexibility and ability to adapt to change\
- Ability to build and maintain relationships and work effectively with
- Strong communication and customer-service skills\
- High degree of initiative, dependability, and ability to work
- Must be willing and able to report to Headquarters in Tewksbury five