Commercial Loan Specialist

SNI Companies has partnered with a reputable organization in the North Dallas area that is seeking a qualified Loan Closing Specialist to join their team. The ideal candidate must have previous previous commercial real-estate loan experience. Position Summary: The Loan Closing Specialist assists in the processing, closing and administration of the Bank’s loans according to established regulations and procedures and the servicing of highly complex loans. To perform this job successfully, an individual must be able to perform the following satisfactorily; other duties may be assigned. Prepare advances on construction loans. Review draw requests and follow guidelines for tracking budgets, insurance and lien waivers. Prepare advances for commercial Real Estate loans for capital improvements, leasing commissions and tenant improvements. Prepare Consumer and Commercial Loan Documents in accordance with written loan approvals/commitments or instructions from Loan Officers. Assembles checks and verifies the accuracy and completion of all loan documentation necessary for loan closings and obtains signatures on all closing documents. Contact title companies, appraisers, insurance companies and other vendors to complete and ensure accurate loan file completion. Order, review, and evaluate title commitments, payoffs, flood determinations, and evidence of insurance coverage. Set and confirm closing dates and times with customers, lender, realtors and title companies. Assist in all areas of the department managing workflow following established procedures. Answer inbound calls, schedule appointments and perform other general office duties to help in the overall smooth functioning of the department and the bank. Knowledge, Skills & Abilities: In depth knowledgeable regarding collateral perfection on various types of properties. (i.e. Deeds of Trust, Assignments, Commercial Security Agreement, UCC financing statements, Assignment of Contracts, Insurance Policies, Deposit accounts, Liquor licenses, Auto Titles). Prior processing experience required; prior Banking experience preferred. Ability to read and comprehend instructions, correspondence, and memos. #J-18808-Ljbffr