Job Details

Preclosing Specialist

Company name

Eagle Bancorp, Inc.

Organization Type


Job Type

Legal Staff

Date Last Verified

Oct 01,2018

Posted on

Jul 28,2018

Years of Experience

Min 5 yrs required


Rockville, MD
Practice Area
Finance >> Finance - Banking
Apply for this job
Your Email:
Upload Resume:

52 hits


Pre-Closing Specialist The candidate will be in the Pre-Closing Department within Credit Administration. Will be responsible for working with Portfolio Administrators, Loan Documentation and other Lending personnel to provide a second line comprehensive review of borrower organizational documents to ensure compliance including, but not limited to, Bank Secrecy Act (BSA) regulations regarding Beneficial Owners and Controlling Individuals, as well as Regulation O policies and procedures. Reviews borrower organizational documents including, but not limited to, Articles of Incorporation, Bylaws, Articles of Organization, Operating Agreements, Partnership Agreements and Organization Charts. Ensures that the Beneficial Owner Certification Form correctly identifies Beneficial Owners and the Controlling Individual based on the organizational document review. Queries the Compliance Database to determine if there is a Regulation O, Related Party or Conflict of Interest relationship with the bank. Prepares and provides comprehensive reports to Portfolio Administrators regarding review findings, which report is required to move forward with final credit approval. Scans all Organizational Documents into Vision Content. Serves as a point of contact for Portfolio Administrators and other Lending personnel to address questions or concerns regarding organizational documents, loan documents and/or the loan documentation process. Provides back-up support to the Loan Documentation team as necessary. Reviews final approvals for new loans, renewals, loan extensions and loan modifications to ensure appropriate approval authority and correct loan coding. May require direct contact with external Customers. Other duties as assigned and may require local travel. Ensure that work results and processes comply with relevant laws and with established EagleBank policies, procedures, and practices, including, but not limited to, the Bank Secrecy Act (BSA). Attend all required training or complete and pass all online required training courses as applicable.

Qualification and Experience

The candidate should have an Associates or Bachelors degree and/or five (5)+ years of experience in a lending environment with experience in loan documentation and review. Legal or Paralegal Certification or Degree desired. Excellent communication, analytical, and interpersonal skills required. Working knowledge of organizational structures including, but not limited to, Sole Proprietorships, Subchapter S Corporations, C Corporations, Limited Liability Corporations, Partnerships, Limited Partnerships and related organizational documentation. Working knowledge of loan documentation and documentation requirements. Working knowledge of LaserPro loan documentation system, or other similar documentation system. Working knowledge of MS Office and other software. Proficient in Word and Excel. Ability to understand, carry out basic instructions, and work independently and in teams. Excellent oral, written, and interpersonal communication when interacting with internal and external customers. Ability to handle multiple assignments and adapt to change in the work environment. Strong attention to detail, excellent organizational skills, and exceptional internal/external customer service. Ability to apply concepts such as fractions, percentages, addition, subtraction, multiplication, and division in all units of measure using whole numbers, common fractions, and decimals. Ability to perform these operations using units of the United States Dollar (USD).

Additional info

Tracking Code: 725-948

Company info

Hiring Coordinator
Eagle Bancorp, Inc.
110 North Washington Street
Rockville, MD 20850

Similar Jobs:

Director, Human Resources Operations - Compliance The candidate executes strategies that serve to attract, retain and develop diverse premiere talent. Directs and works with human resource employees on recruitment, total compensa...
Director, Human Resources Operations - Compliance The candidate executes strategies that serve to attract, retain and develop diverse premiere talent. Directs and works with human resource employees on recruitment, total compensa...
Junior Contracts Administrator The candidate will administer the process for executing, amending, and monitoring implementation of the organization’s federal, state, local government, and commercial contracts. Organizing a...