Loan Closing Specialist

Loan Closing Specialist

NEPA Alliance is seeking applicants for the position of Loan Closing Specialist.

This is a full-time, salaried position within the Business Development Services Division. Responsibilities include coordinating and managing all aspects of loan closings, preparing and reviewing closing documents, ensuring compliance with program requirements and regulations, and working closely with borrowers, attorneys, financial institutions, and internal staff to facilitate timely and accurate loan settlements. Additional duties include maintaining loan files, assisting with loan servicing, and preparing reports related to closing activities.

Minimum qualifications include a Bachelor's Degree in Business Administration, Finance, Accounting, Economics, or a related field, with 3-5 years of experience in banking, commercial lending, loan processing, or loan closing. Experience with closing documentation and regulatory compliance is required. Familiarity with SBA loan programs, including the SBA 504 and 7(a) programs, is preferred. Candidates must have strong attention to detail and the ability to review and understand financial and legal documents. Excellent interpersonal, organizational, communication, and computer skills are required. Database management experience and a valid driver's license, with Real ID and/or a passport are also required. Background clearances are required.

Salary is commensurate with experience, along with an excellent benefits package.

Email resume with references, writing sample, and salary history to: Donna Hritz, Vice President, Communications & Operations at View email address on jobs.institutedata.com .

For more information, visit . The job posting will remain active until the position is filled.

The Northeastern Pennsylvania Alliance does not discriminate in employment and lending on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service or other non-merit factor.

NEPA Alliance is an EEO and ADA Employer and Lender.

NORTHEASTERN PENNSYLVANIA ALLIANCE NEPA

JOB DESCRIPTION

POSITION TITLE: Loan Closing Specialist

DIVISION: Business Development Services

SUPERVISOR: VP of Business Development Services

EFFECTIVE DATE: March 30, 2026

FLSA STATUS: Exempt

PAY GRADE: Program Specialist

GENERAL DESCRIPTION:

The Loan Closing Specialist is a full-time, salaried, exempt position within the Business Development Services Division. The Loan Closing Specialist is responsible for coordinating, preparing, and completing all aspects of loan closings for NEPA Alliance business loan programs. This position ensures that loan documentation complies with federal, state, and local regulations, internal policies, and program requirements. The Loan Closing Specialist works closely with borrowers, attorneys, lenders, title companies, and internal staff to facilitate timely and accurate loan closings.

ESSENTIAL FUNCTIONS:

Individuals must have the ability to perform all the following Essential Functions:

Coordinate and manage all aspects of commercial and small business loan closings for NEPA programs. Prepare, review, and assemble closing documents to ensure accuracy, completeness, and compliance with program requirements. Interpret and apply federal, state, and local loan program requirements administered by NEPA. Coordinate with attorneys, title companies, lenders, and borrowers to schedule and complete timely closings. Review legal documents, including loan agreements, promissory notes, security agreements, mortgages, guarantees, and closing disclosures. Confirm all closing conditions and underwriting requirements are satisfied prior to funding. 7.Coordinate collection and verification of insurance, liens, collateral documentation, and title work. Prepare closing checklists and ensure documents are properly executed and recorded. Maintain accurate loan data in internal databases and loan management systems. Communicate with borrowers regarding closing requirements, timelines, and documentation. Coordinate loan disbursements in accordance with approved terms and program guidelines. Collaborate with the Business Finance Manager and loan servicing staff to ensure smooth transition to servicing. Prepare closing-related reports and documentation for management, auditors, and regulatory agencies. Stay current on lending regulations, compliance requirements, and industry best practices. Maintain organized, complete loan files in compliance with record retention and audit standards. Perform required physical, travel, and operational duties, including extended desk work, operating office equipment, driving to work-related functions, and occasional overnight travel. Provide assistance to borrowers and partners on closing procedures and documentation. Perform additional duties as assigned by the VP of Business Development Services and/or President & CEO.

ADDITIONAL FUNCTIONS:

Ability to assist with internal and external audits by providing loan closing documentation and explanations as required. Ability to assist in various post-closing duties, including various loan servicing activities. Ability to explain loan closing procedures and documentation to federal, state, and NEPA auditors. Ability to assist in the development and refinement of loan closing policies, procedures, and checklists. Ability to serve on various NEPA committees for the benefit of the organization. Ability to assist other NEPA divisions by coordinating loan closings that complement other economic development programs. Assist in promoting and supporting NEPA loan programs through interaction with borrowers, banks, attorneys, and economic development partners. Ability to travel to clients, conferences and other NEPA Alliance related functions.

MINIMUM QUALIFICATIONS: