Job Details

Commercial Loan Funder Closer II-III

Company name

BBVA Compass Bancshares, Inc.

Organization Type

In-House

Job Type

Legal Staff

Years of Experience

Min 2 yrs required

Location

Dallas, TX

Date Last Verified

Feb 20,2018

Posted on

Jan 09,2018
Practice Area
Construction >> Construction
Real Estate >> Real Estate
Finance >> Finance - General
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Commercial Loan Funder Closer II-III The candidate ensures that all loans and funding documentation are in compliance with federal, state, and firm’s credit policy. Works closely with other banks when BBVA Compass is a participating member in a large bank group. These facilities will usually have exposures upwards of $200MM. Reviews loan approval documentation and generate a comprehensive due diligence needs list according to credit policy and loan type. Reviews third party reports (to include Phase I Environmental, Appraisals, Plan & Cost Reviews, Property Condition Reports). Reviews and balances complex construction budgets to ensure compliance with approval and construction guidelines. Accurately books new loans to the system. Engage bank approved attorneys and facilitate the documentation and loan closing throughout the transaction. Timely follow up and management of incoming items from the borrower, RM, and attorney. Review title policies, surveys, and related construction due diligence to ensure compliance with bank policies. Bachelor Degree in Business Administration, Accounting, or Legal Studies or equivalent experience in Commercial Real Estate, Construction, or Commercial loan closing/servicing/funding is needed. Should have 2+ years of Commercial Real Estate closing/funding experience. AFS Level III system knowledge is needed. Paralegal background/experience is essential. Construction Management experience– funding/closing/servicing is needed. Participation/Syndication experience – funding/closing/servicing is needed.

Additional info

Job ID: 2018-111900

Company info

Hiring Coordinator
BBVA Compass Bancshares, Inc.
2301 Cedar Springs Road
Dallas, TX 75201

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