Senior Loan Processor - Fully Remote

DescriptionSummary: The CRE Loan Closing Specialist Sr. is responsible for initiating and driving the loan closing process, and for the integrity of the loan closing, due diligence, and documentation while managing and expediting complex and concurrent processes and organizing all necessary documentation to finalize complex Commercial Real Estate loan transactions. The CRE Loan Closing Specialist Sr. ensures accuracy, compliance with regulations, and coordinates activities, decisions, and communications with various parties involved, such as lenders, borrowers, legal teams and other third parties. This position involves meticulous attention to detail and a thorough understanding of Commercial Real Estate loan terms including legal concepts, collateral acceptability, and final closing conditions. Expertise in review and interpretation of deal structures and legal documentation along with working through “gray areas” presented is required. Additionally, CRE Loan Closing Specialist Sr. reviews and signs closing documents, ensures the loan structure and terms conform to the credit approval and bank policies, confirms requirements are in place, and identify and appropriately mitigate exceptions to facilitate smooth and timely closing. This position works closely with customers, outside counsel and external consultants, Credit Administration, and Commercial Real Estate partners along with other business segments to deliver outstanding experience to customers and business partners, while carrying out sound risk management practices within a dynamic business development environment.As a CRE Loan Closing Specialist, Sr., your role involves overseeing and managing the entire commercial loan closing process. Handle intricate and high-value commercial real estate loan transactions, with custom, complex terms and due diligence that involve construction, acquisition, bonds, tax credits, credit derivatives, participations, and syndication transactions etc, demonstrating an advanced understanding of complex financial structures.Ensure strict adherence and serve as control point to regulatory requirements (such as Flood and OFAC) and industry standards (such as Construction Monitoring and Specialized business needs) throughout the loan closing process. Problem Resolution: Address and resolve complex lending issues that may arise during the closing process, facilitate and collaborate with various stakeholders, communicates and/or escalate risks, pursues corrective action and drives solutions.Responsible for clearing any outstanding post-closing items and collateral exceptions and ensures accuracy of loan and customer information on the system of record; works with Commercial Loan Servicing to resolve errors. Training and Mentoring: Train and mentor junior loan closers, sharing expertise and best practices to enhance the team's overall performance.Process Improvement: Engage with clients, lenders, and legal teams to facilitate smooth and transparent communication throughout the closing stages.Risk Management: Assess through critical thinking and mitigate potential risks associated with commercial loan transactions, ensuring the protection of the institution's interests along with that of our fellow colleagues and borrowers.Quality Assurance: Implement quality control measures to guarantee the accuracy and completeness of loan documentation.Strategic Decision-Making: Participate in strategic decision-making related to commercial loan operations, providing insights and recommendations based on experience and industry knowledge.Basic Qualifications: Bachelor’s Degree7+ Years Commercial Loan Closing or Commercial Loan Administration.Meticulously checking details of the Credit Approval and Draft loan documentation to ensure all aspects of the loan closing process are accurate, error-free and comply with policy.Time Management: Managing a large complex commercial loan portfolio encompassing multiple tasks and deadlines to ensure timely completion of loan closings.Utilizing loan management software and other tools to streamline processes and maintain accurate records.Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)YesWorkplace Type:OfficeOur Approach to Office Workplace TypeCertain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO). Visit Huntington's Career Web Site for more details.Akron, OHType: Full time