Closing Coordinator
$47.1k - $66.6kCompeer Financial
Empowered to live. Inspired to work.
Compeer Financial is a member-owned cooperative located in Illinois, Minnesota
and Wisconsin. We bring together team members with a variety of backgrounds and
experiences to help provide financial services to support agriculture and rural
communities. Join us in a culture that not only promotes meaningful work and
professional development, but provides a flexible, hybrid work environment and
excellent benefits, which empower you to thrive both personally and
professionally. How we support you: * Hybrid model – up to 50% work from home
* Flexible schedules including ample flexibility in the summer months
* Up to 9% towards 401k (3% fixed Compeer contribution plus up to 6% match)
* Benefits: medical, dental, vision, HSA/FSA, life & AD&D insurance, short-term
and long-term disability, wellness program & EAP
* Vacation, sick leave, holidays/floating holidays, parental leave, and
volunteer paid time off
* Learning and development programs
* Mentorship programs
* Cross-functional committee opportunities (i.e. Inclusion Council, emerging
professional groups, etc.)
* Professional membership/certification reimbursement and more! Casual/seasonal & intern team members are not eligible for benefits except for
state-mandated programs. To learn more about Compeer Financial visit
[ Where you will work: This position offers a hybrid option to allow for
occasional remote work, primarily working out of the Fond du Lac or Johnson
Creek, WI office location. The contributions you will make: Responsible for the accurate processing, closing, funding and servicing of
transactions secured by real estate properties. Ensures closings are completed
in accordance with regulations, policies and procedures. A typical day: * Follows established organizational policies and procedures to ensure
transactions meet legal compliance with lending laws and regulations.
* Collects documents and ensures appropriate due diligence is completed to
confirm all underwriting conditions are met.
* Coordinates with Compeer departments and external companies to order title
commitments, appraisals and flood zone determinations. Follows regulatory
guidance as applicable.
* Reviews title insurance commitments, deeds, real estate title documents,
Uniform Commercial Code filings, fixture filings, and other related documents
to confirm the organization’s collateral lien position. Confirms legal
documents required to close a transaction and parties required to sign each
legal document.
* Independently creates or reviews settlement statements and/or disbursement
agreements in accordance with the transaction to ensure the funds are
disbursed accurately.
* Coordinates on-site and off-site closings with internal and external clients
and executes the closing transaction with clients by explaining all forms,
answering client questions and securing appropriate signatures on all
documents, as needed. May perform witness closings.
* Administers funding execution and proper booking and data maintenance.
* Work with Legal Department and Title Review teams on collateral related
documents, such as Consents, Subordinations and Contract Assignments, as
needed. Drafts supplemental loan closing documents when necessary.
* Works closely with internal and external clients to set up, organize, verify
and close mortgage loans, short-term loans and large transactions for all
business units serving the organization’s clients.
* Collaborates with sales to service all aspects of client relationships within
the lending territory. Assists team members with transactions and loan
servicing.
* Assists Lending Client Coordinators by providing backup to all job functions
as needed.
* Conducts a post-close review of transactions to ensure they were closed in
accordance with the organization’s policies and procedures. Reviews all
documents related to the transaction.
* Documents the actions that were taken to ensure the organization has obtained
the expected lien position or its equivalent, as required by law and by the
organization’s policies and procedures. The skills and experience we prefer you have: * Associate’s degree in accounting, business administration, legal, agriculture
or related field OR an equivalent combination of education and experience
sufficient to perform the essential functions of the job.
* Closing Agent License; Insurance Producer License preferred (or ability to
obtain within twelve months (where applicable).
* Commissioned as a Notary Public for the state (or ability to obtain within
three months); may include e-notary.
* Working knowledge of loan approval processes and requirements, personal
property security documents, real estate, legal, banking, security
requirements and title insurance.
* Working knowledge of legal descriptions and collateral documents to gather
appropriate information for document preparation.
* Basic accounting and mathematical skills to calculate data, reconcile funds
and determine payoffs. #IND200#LI-CL1 How we will take care of you: Our job titles may span more than one career level (associate, senior,
principal, etc.). The actual title and base pay offered is dependent upon many
factors, such as: training, transferable skills, work experience, business needs
and market demands. The base pay range is subject to change and may be modified
in the future. This role is eligible for variable compensation and other
benefits. Base Pay
$47,100—$66,600 USD Compeer Financial is an equal opportunity employer and all qualified applicants
will receive consideration for employment without regard to race, color,
religion, sex, national origin, disability status, protected veteran status, or
any other characteristic protected by law. Must be authorized to work for any employer in the United States. Compeer is
unable to sponsor or take over sponsorship of an employment visa at this time. Click here to view federal employment laws applicable for applicants.
[
Vacancy posted 6 hours ago
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