Logo
Lowell Five

Closing Specialist

Lowell Five, Tewksbury, Massachusetts, us, 01876

Save Job

With nearly $1.8 billion in assets, over 200 employees and 15 banking center locations throughout the Merrimack Valley and Southern New Hampshire, Lowell Five Bank is honored to play a vital role in the economic vitality of the region. Our employees are engaged in myriad community boards and organizations with the Bank’s support. We are proud of the longevity of our employees, and we are committed to finding new talent for our team. We offer career development and educational programs to support personal and professional growth along with a benefit package that supports each employee’s best life. For more information, please visit www.lowellfive.com.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Coordinates loan closings with attorneys when they are cleared to close

Prepares Closing Disclosures in adherence to regulatory and Bank guidelines, which includes obtaining approval from the respective attorneys and following up with the clients for acknowledgments

Reviews residential mortgage files and commercial loan closing packages to ensure accuracy and completeness

Prepares balance sheets, confirms disbursement amounts at closing

Approves settlement statement, verifies the net funding amount, and prepares funding requests

Prepares checklists for closed loan packages; notifies attorneys of errors and track receipts of corrected documents

Please note this job description is not designed to cover a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change over time.

REQUIREMENTS

Minimum of two years’ experience in real estate loan closing strongly preferred

Working knowledge of various legal closing documents and TRID regulations

Willingness and aptitude to learn new systems is required to support Bank growth and expansion of services; working knowledge of Microsoft Office is required and Finastra and/or Epic system(s) is preferred

Detail-oriented with strong organizational skills

Ability to multi-task, prioritize, and meet deadlines under variable conditions

Flexibility and ability to adapt to change

Ability to build and maintain relationships and work effectively with the team

Strong communication and customer-service skills

High degree of initiative, dependability, and ability to work independently

SALARY RANGE The hourly range for this position is $28-32 per hour. This range reflects the Bank’s good faith estimate for this role at the time of posting. The Bank may ultimately pay more or less than the posted range, and the range may be modified in the future. Actual compensation will be determined based on factors, such as but not limited to, relevant education, experience, and skills.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

#J-18808-Ljbffr