Commercial Loan Pre-Closer

Commercial Loan Pre-Closer

Celebrating over 100 years in the community, Citizens Trust Bank remains committed to providing personalized service and financial solutions to meet the growing needs of our customers.

We are committed to our institution's values of integrity, collaboration, innovation, service excellence, respect, accountability, and leadership, all of which are needed to continue our mission of empowering generations for financial success.

By joining our team, you can expect opportunities to enhance personal accomplishments and professional growth.

Position Summary:

Responsibilities include but are not limited to the following:

• Verify loan approval conditions and ensure all required documentation is complete, accurate, and compliant with company policies and regulatory standards.
• Review loan files for completeness, including financial statements, collateral documentation, and credit approvals
• Collaborate with loan officers, underwriters, and legal counsel to address outstanding items or discrepancies in loan files.
• Communicate directly with borrowers and third-party vendors (e.g., title companies, appraisers, environmental companies, construction monitoring companies, insurance providers, etc) to obtain necessary documents and reports and resolve pre-closing issues.
• Ensure all loan files adhere to federal, state, and internal compliance regulations.
• Conduct quality control checks on loan documentation to minimize errors and ensure accuracy before final submission for closing.
• Maintain accurate records in the loan management system and update the status of loan files throughout the pre-closing process.
• Generate pre-closing reports and provide updates to the Chief Credit Officer, Special Assets Officer, Loan Administration, Director of Sales and Business Development and Lenders as needed.
• Identify and recommend process improvements to enhance the efficiency and accuracy of the pre-closing process.
• Stay up-to-date with industry trends, regulatory changes, and best practices related to commercial lending.

Qualifications:

• Bachelor's degree in finance, business administration, or a related field preferred.
• Minimum of 24 years of experience in commercial loan processing, pre-closing, or a related role.
• Strong knowledge of commercial lending products, documentation, and compliance requirements.
• Exceptional attention to detail and organizational skills.
• Proficiency in loan management systems and Microsoft Office Suite.
• Excellent verbal and written communication skills.
• Ability to work under pressure and meet tight deadlines.
• Strong problem-solving skills and the ability to resolve discrepancies independently.
• Notary Public certification is a plus.
• Relevant training or certification in loan processing or compliance is preferred.

Citizens Trust Bank is committed to investing in our associates, cultivating a rewarding, results-driven, innovative and professional team. We offer competitive compensation and a comprehensive benefits package for our full-time associates. Our benefits package includes the following: Medical, Dental, Vision, and Prescription 401(k) Retirement Plan Life Insurance Accidental Death & Dismemberment Short & Long Term Disability Flexible Spending Plan Paid Time Off, Vacation, and Holiday Pay Tuition Reimbursement Employer Assisted Housing Program EEO/AA - Wholesale Membership Program Wellness Program Employee Assistant Referral Services (EAP) Legal Shield Program Group Cancer & Accident Insurance Programs Worker's Compensation Program Free Banking Services Awards and Recognition Programs Training & Development Programs and much more