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Closing Specialist I/II/III The candidate will be bringing departments, documents and funding together to deliver a smooth closing for customers. Performs loan transaction analysis and coordinates closing actions for commercial loans involving multi-bank syndications, participations and sales. Manages an assigned portfolio to meet constantly changing priorities and deadlines, and independently interprets internal credit summaries, outside counsel documents and other loan documents. Follows up with internal and external stakeholders for collection of pre- and post-closing documentary requirements. Must have High school diploma. Bachelorâ€™s degree in legal studies, accounting, finance, business, or paralegal certification is preferred. Should have 1-5 yearsâ€™ experience as legal assistant, paralegal, commercial loan closer, or loan accountant, preferably in commercial banking or financial services industry; or appropriate combination of education and experience. Knowledge of commercial loan documentation, credit practices, accounting systems and loan structures, and understanding of loan accounting principles is desired. Intermediate knowledge of personal computers and software applications such as word processing and spreadsheets is a plus.
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