Senior Loan Closer

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit CIBC.com (

As a Senior Loan Closer in the Consumer Lending Closing Department, your primary responsibilities encompass monitoring loan closing activities to ensure accuracy, compliance, and timely disbursement of funds. This role will finalize and prepare loan documents for funding and closing. As an experienced lending professional, you will be recognized as a subject matter expert on closing and disbursement activities.

At CIBC we enable the work environment most optimal for you to thrive in your role.  You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 2-3 days per week on-site, while other days will be remote.

How You’ll Succeed

• Comprehensive Analysis: Work closely with our Bankers, Loan Processors, Underwriters, and Post Closers to ensure a timely and accurate experience for our customers.

• High-Quality Decision-Making: Responsible for ensuring all pre-close file documentation is complete, accurate, verified, and closing dates are met. Effective Risk Assessment: Ensure processes align with the bank’s guidelines, risk appetite, policies, standards, and consumer laws and regulation requirements while providing sound judgment.

• Strong Written Communication: Craft detailed communication that clearly present rationale, assessment, and evaluation results.

• Collaboration & Stakeholder Engagement: Work closely with Bankers, Loan Processors, Disclosure Team, Underwriters, Closers, Post Closers, Group Portfolio Managers, and Senior Management to ensure seamless loan/line closing activities.

• Market Awareness & Compliance: Stay updated on market conditions, industry regulations, investor guidelines, and consumer lending laws to maintain compliance and adapt to evolving enhancements.

• Community Involvement: Complete at least five community outreach volunteer hours annually, contributing to the bank’s commitment to community development.

Who You Are

• You demonstrate experience in lending. You have at least 8 years retail lending experience with focus on portfolio real estate secured and other consumer lending products including grant programs. Strong expertise in working with high-net-worth clients as well as closing agents across the US footprint.

• You give meaning to data. Review and analyze title settlement statements to ensure accuracy and compliance with regulatory requirements. Examine pre-disclosure documents for completeness, accuracy, and adherence to lending guidelines. Validate all terms and fees disclosed to borrowers. Assess title commitment documents to confirm clear title and identify any exceptions or requirements needing resolution prior to closing. Oversee the funding process, validating wire instructions, approval of fees, and disbursement accuracy.

• You are detail-oriented & organized. You thrive in fast-paced, deadline-driven environments, effectively managing multiple tasks while maintaining accuracy.

• You are a strong communicator. You excel at verbal and written communication, clearly presenting information to stakeholders, including assisting with procedural/job aid updates, and presentation materials for training. This includes supporting department special projects and/or testing initiatives.

• You can demonstrate experience in industry tools : You have working knowledge of systems like Encompass, MeridianLink Consumer, MS Office (Excel, Word, PowerPoint, Teams, Outlook) products, and FIS/IBS.

• You have regulatory Knowledge: You have a strong understanding of federal and state lending regulations, ensuring compliance with consumer protection laws.

• You're motivated by collective success. You build strong relationships with Internal Partners, Bankers, Loan Processors, Disclosure Team, Underwriting Team, Post-Closing Team, Group Portfolio Managers and Senior Management.

• Values matter to you . You bring your real self to work and you live our values - trust, teamwork, and accountability.

What Success Looks Like

• Timely and accurate decisions that support business growth while maintaining compliance and risk standards.

• Proactive risk management, staying ahead of market changes and regulatory shifts.

• Identify discrepancies or issues that may impact the closing process.

• Lead the closing process, ensuring all documents are properly executed and funds are disbursed according to instructions.

• Implement quality control measures to prevent errors or omissions in closing and funding activities.

• Coordinate with stakeholders to resolve any last-minute issues.

• Active participation in community involvement initiatives, supporting the bank’s community development efforts.

Subject to plan and program terms and conditions

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At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $70,000 - $80,000 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members.

This position does not offer visa sponsorship.

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What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

• We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.

• Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.

• We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions

What you need to know

• CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact View email address on click.appcast.io

• You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

• We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location

IL-6825 W 111th St

Employment Type

Regular

Weekly Hours

40

Skills

Business Operations, Escalation Management, Office Administration, Operations Management, Organizing, Policy Interpretation, Prioritization

At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.

Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.

Every day, our 48,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.