Loan Operations Commercial Loan Closer jobs in United States
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Texas Capital · 2 months ago

Loan Operations Commercial Loan Closer

Texas Capital is a financial institution focused on helping businesses and their leaders succeed. The Loan Operations Commercial Loan Closer is responsible for managing the closing of commercial loans, ensuring compliance with bank policies, and coordinating with various stakeholders throughout the loan origination process.

BankingFinanceFinancial Services

Responsibilities

Manage and lead the coordination of commercial loan closings from term sheet to initial funding and booking, for internally prepared and attorney prepared loan documents, by interfacing with internal business partners, clients, title companies, attorneys, and other third-party vendors and consultants
Responsible for reviewing loan documentation against the formal credit approval and ensuring documents comply with current bank, federal and state policies as well as legal standards and system functionality
Collect, review, and analyze due diligence required to close a commercial loan - including but not limited to, entity documentation, UCC searches, flood determinations, appraisal, environmental reports, insurance, title, survey, and all required documentation based on collateral type
Coordinate and prepare loan packages for closing utilizing wet signatures and/or DocuSign
Engage attorneys as needed and ensure the flow of information between the borrower, bank, and attorney firm
Manage post-closing requirements, weekly past due and maturing loan reports
Obtain and transmit original loan documents and review and clear all loan collateral exceptions
Assist Relationship Managers with processing renewals and modifications on applicable loans in the commercial loan portfolio
Establish and maintain effective relationships with customers, business partners and team members to ensure an exceptional client experience
Assist management with various operational duties and responsibilities
Assist with special projects, as necessary
Other duties may be assigned
Abide by Texas Capital Bank policies, procedures, and regulatory compliance guidelines

Qualification

Commercial loan closingDue diligence analysisLoan documentation reviewLaserPro knowledgeClient service skillsChange management skillsMulti-tasking abilityProficient in OutlookProficient in WordProficient in ExcelCommunication skillsProblem-solving skillsSelf-starter

Required

Minimum 2 years commercial loan closing experience
Ability to manage multiple loans at one time in order to meet critical closing deadlines
Prior commercial loan closing experience to include due diligence requirements around commercial collateral and entity documentation
Demonstrated expertise in reviewing and interpreting of all types of loan documentation and lien perfection for attorney and internally prepared documents
Ability to interface effectively and build and maintain positive working relationships with executive management, clients, attorneys, title companies, third party consultants and handle confidential information with discretion

Preferred

Degree preferred, but commensurate work experience will be strongly considered
LaserPro knowledge

Benefits

Health insurance coverage
Wellness program
Fertility and family building aids
Life and disability insurance
Retirement savings plans with a generous 401K match
Paid leave programs
Paid holidays
Paid time off (PTO)

Company

Texas Capital

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Since our founding in 1998, Texas Capital remains impassioned by the spirit of entrepreneurship and innovation.

Funding

Current Stage
Public Company
Total Funding
unknown
2003-08-13IPO

Leadership Team

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David Oman
Chief Risk Officer (CRO)
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Vivek Misra
Managing Director & Enterprise Chief Compliance Officer
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Company data provided by crunchbase