Commercial Loan Closer
Company: ConnectOne Bank
Location: Leonia
Posted on: October 17, 2024
Job Description:
Description: About us:ConnectOne Bank proves that putting people
first is a better way to do business. At ConnectOne, we're builders
of businesses, communities, and equity. Most importantly, we're
building opportunities. Our mission is to ensure our employees feel
empowered to make important decisions, reach their potential and
truly make an impact.ConnectOne is a growth organization by design;
it is part of our DNA and we take pride in seeing our employees
grow with us. Founded in 2005 by an entrepreneur, we have grown
into a high-performing commercial bank, inspiring a new model for
our industry's future. By embracing technology and all the ways it
can help us become a world-class service organization, we support
small business owners by fueling their mission. People First is the
blueprint for our culture. It is at the foundation of everything we
do and the decisions we make. At ConnectOne, you have the
opportunity to be a part of a dynamic culture and team. Develop
your forward-thinking skills, thrive in an entrepreneurial setting,
and succeed at a better place to be. ConnectOne Bank is an Equal
Housing and Equal Opportunity Lender, and a member of the Federal
Deposit Insurance Corporation.In this role you will:
- Support the Bank's People First focus and rules of
engagementmaintaining a professional demeanor, working as an active
member of the CNOB team, providing all clients excellent service,
always striving to make CNOB A Better Place to Be.
- Manage and administer a portfolio of loans from origination
through to settlement and funding in accordance with Bank policies,
procedures, and regulatory requirements.
- Analyze internal bank loan approvals to determine required due
diligence and documentation for each loan transaction.
- Order all searches including flood and reviewing to ensure
compliance with bank policy, procedures, and regulatory
requirements.
- Ensure all collateral evaluations are ordered and reviewing of
same to clear issues.
- Review and ensure all required insurance including flood is
sufficient and in compliance with regulations.
- Prepare internal pre-closing and post-closing checklist.
- Act as liaison with lender, bank counsel and title
companies.
- Review loan documentation to ensure compliance with loan
approval and policy and ensuring that all standard provisions are
included and are not compromised.
- Coordinate receipt of closing requirements with internal
departments, lender, bank counsel, borrower, and borrower's
counsel.
- Confirm that all conditions within the approval have been met
and scheduling closing.
- Prepare Closing Letter for Bank Counsel which includes wire
break-down, fees, etc. reviewing Settlement Statements and
preparing funding wires.
- Prepare Booking sheet and reviewing loan after it is booked
into the system of record.
- Ensure that all loans are closed without material,
administrative or compliance exceptions.
- Follow up and clear loan documentation exceptions, approved
post-closing documentation, and filed and recorded documents.
- Maintain pipeline and process approved loans in a timely
manner.
- Ensure that all communications with clients are positive.
Escalate any issues as needed to the appropriate party, and taking
ownership and following up on a daily basis as necessary until
conclusion.Must haves:
- Knowledge of relevant federal and state banking
regulations.
- Knowledge of commercial loan documentation, title policies,
appraisals, environmental assessments and entity formation
documents.
- Familiarity with Bank security and safety practices.
- Knowledge of processing underwriting and/or closing
procedures/federal lending regulations governing real estate
lending.
- 5 years proven experience as Commercial loan closer.
- Excellent communications, planning, customer service,
organization and interpersonal skills to deal effectively with
customers, bank attorneys and bank personnel.Bonus Points For:
- Strong People First interest and ability.
- Paralegal Certificate or 2 year Associate Degree in Paralegal
Studies.
- College Degree preferred, but not required.Additional
informationBenefits:
- World class health, vision, and dental benefits on day one
- 401k with employer match
- Hybrid work from home (depending on role)
- Employee appreciation events (team building, softball games,
food truck days, etc..)
- Employee assistance programs (EAP)
- Wellness programs (flu shot, preventive care, health programs
and services discounts, etc..)
- Tuition reimbursement
- Employee Discount perks
- CNOB Community Service Events.and much, much more!Studies have
shown that individuals from underrepresented groups, may only apply
to roles if they meet 100% of the qualifications. Roles evolve over
time, especially with innovation, and you may be just the person we
need. We hope you're open to learning new skills and growing with
us. We encourage you to apply to continue making us a better place
to be!ConnectOne Bank is an equal opportunity employer and does not
discriminate with respect to any term, condition or privilege of
employment based on race, color, religion, sex, sexual orientation,
gender identity or expression, age, disability, military or veteran
status, marital status, or status of an individual in any group or
class protected by applicable federal, state, or local
law.ConnectOne Bank also provides reasonable accommodations for
qualified individuals with disabilities in accordance with the
Americans with Disabilities Act and applicable state and local
laws. If an accommodation is needed to participate in the job
application or interview process, please contact Talent
Acquisition.Requirements:PI48023c29cc07-31181-35642187
Keywords: ConnectOne Bank, Bloomfield , Commercial Loan Closer, Other , Leonia, New Jersey
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