Loan Operations, Closing Officer I job in Boston, MA| Recruit Arrow
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Loan Operations, Closing Officer I
Location : Massachusetts, Boston
Refer job # EYZY338065
Job Responsibilities and Requirements: Responsibilities: Review complex loan documents, initiate and drive deal closing calls that include internal and external deal team members and counsel. Ensure documentation accurately reflects the intentions of the credit approval Facilitates teamwork and continuity Solid knowledge required for role and pursues gaining new knowledge when required Positively accepts change and engages productively with team and relevant stakeholders Ensure transactions are closed in compliance with the Bank s loan policy and any other requirements designated by the credit approval. Work with Relationship Manager/Underwriter to understand the transaction and make sure that all relevant documentation is obtained for a timely closing. Liaise and coordinate pre-closing requirements with internal and external clients (Underwriter, Relationship Manager, Syndication Desk, Borrowers, Lenders) Demonstrates ability to balance required regulatory and policy requirements when making decisions. Remain current on all pending and proposed regulatory changes affecting compliance. Resolve issues that might impede closing and use judgement to involve the manager and internal counsel when required. Complete post-closing steps to ensure that all necessary documentation is received by downstream partners. Monitor and clear loan exceptions. Other duties as assigned Basic Qualifications: Bachelor s Degree or Military experience Preferred Qualifications: At least two years of loan closing experience At least 1 year of experience with ACBS or Loan IQ At least 1 year of experience reviewing Loan or Legal Documentation Experience with Word, Excel and PowerPoint skills At least 1 year of experience with Intralinks, SyndTrack or other similar applications.
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