Commercial Loan Closing Specialist
HomeTrust Bank, Charleston, SC, United States
Commercial Loan Closing Specialist
The Commercial Loan Closing Specialist assists in the preparation of loan documents associated with commercial closings and facilitates closings through the Commercial Banking Associates, Commercial Relationship Managers, and Attorneys. This position supports critical policy and procedures as well as federal and state regulations to ensure an efficient documentation practice, loan document review system, and other critical risk management activities needed to minimize credit, documentation, and operational risks in commercial lending. Key responsibilities include preparing complete and accurate loan documentation packages for new commercial loans, modifications, renewals, and extensions, and includes final closing instructions. The specialist also orders flood certifications, prepares UCC financing statements, reviews UCC search records, and verifies wiring instructions and funding details. They review credit approval packages which include pricing and financial reporting requirements, and collateral and environmental due diligence requirements necessary to document the loan. Additionally, they review and verify customer identification documents in accordance with the US Patriot Act and the due diligence policy. They ensure compliance with HMDA/CRA eligibility requirements and FEMA regulations. The specialist reviews preliminary closing documents including hazard, liability, builder's risk, flood insurance policies, Title Commitments, Closing Protection Letters, Settlement Statements, and funding due diligence. They coordinate the return of all executed document packages and necessary supporting documents to Loan Operations for booking. They maintain confidentiality and security of sensitive information. Job requirements include a high school diploma or equivalent. Required experience includes 3+ years of experience in preparing and reviewing commercial loan documents and/or paralegal experience tied to commercial loan closings. Knowledge of basic legal concepts including real estate transactions, commercial loan products and services, well-developed written and verbal business communication, proficient administrative and organizational skills, self-motivated with attention to detail, ability to prioritize duties and work independently, ability to meet designated deadlines while remaining flexible to changing assignments, and proficiency in Microsoft Office products are also required. Preferred qualifications include a college degree in business or related field and experience with LaserPro. HomeTrust Bank, founded in 1926, is a North Carolina chartered, community-focused financial institution committed to providing value-added community banking through online/mobile channels and multiple locations in Virginia, North Carolina, South Carolina, and Tennessee. Learn more at www.htb.com. Apply today to take your first steps towards joining this talented population of employees within a growing organization. The work environment, physical requirements include operating in a professional office environment and routinely using standard office equipment such as computers, phones, photocopiers, and fax machines. Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus. Physical activity requiring reaching, sifting, lifting up to 25 lbs., finger dexterity, grasping, feeling, repetitive motions, talking and hearing are required. The employee will frequently communicate and must be able to exchange accurate information with others. The employee may need to move around their office to attend meetings and to access files, machinery or other job-related tools. HomeTrust Bank values and promotes diversity and inclusion in every aspect of our business and at every level within the company. We recruit, hire, and promote employees based on their individual ability and experience and in accordance with Affirmative Action and Equal Employment Opportunity laws and regulations. Our policy is that we do not discriminate on the basis of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, physical or mental disability, pregnancy, marital status, status as a protected veteran, or any other status protected by federal, state, or local law.
The Commercial Loan Closing Specialist assists in the preparation of loan documents associated with commercial closings and facilitates closings through the Commercial Banking Associates, Commercial Relationship Managers, and Attorneys. This position supports critical policy and procedures as well as federal and state regulations to ensure an efficient documentation practice, loan document review system, and other critical risk management activities needed to minimize credit, documentation, and operational risks in commercial lending. Key responsibilities include preparing complete and accurate loan documentation packages for new commercial loans, modifications, renewals, and extensions, and includes final closing instructions. The specialist also orders flood certifications, prepares UCC financing statements, reviews UCC search records, and verifies wiring instructions and funding details. They review credit approval packages which include pricing and financial reporting requirements, and collateral and environmental due diligence requirements necessary to document the loan. Additionally, they review and verify customer identification documents in accordance with the US Patriot Act and the due diligence policy. They ensure compliance with HMDA/CRA eligibility requirements and FEMA regulations. The specialist reviews preliminary closing documents including hazard, liability, builder's risk, flood insurance policies, Title Commitments, Closing Protection Letters, Settlement Statements, and funding due diligence. They coordinate the return of all executed document packages and necessary supporting documents to Loan Operations for booking. They maintain confidentiality and security of sensitive information. Job requirements include a high school diploma or equivalent. Required experience includes 3+ years of experience in preparing and reviewing commercial loan documents and/or paralegal experience tied to commercial loan closings. Knowledge of basic legal concepts including real estate transactions, commercial loan products and services, well-developed written and verbal business communication, proficient administrative and organizational skills, self-motivated with attention to detail, ability to prioritize duties and work independently, ability to meet designated deadlines while remaining flexible to changing assignments, and proficiency in Microsoft Office products are also required. Preferred qualifications include a college degree in business or related field and experience with LaserPro. HomeTrust Bank, founded in 1926, is a North Carolina chartered, community-focused financial institution committed to providing value-added community banking through online/mobile channels and multiple locations in Virginia, North Carolina, South Carolina, and Tennessee. Learn more at www.htb.com. Apply today to take your first steps towards joining this talented population of employees within a growing organization. The work environment, physical requirements include operating in a professional office environment and routinely using standard office equipment such as computers, phones, photocopiers, and fax machines. Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus. Physical activity requiring reaching, sifting, lifting up to 25 lbs., finger dexterity, grasping, feeling, repetitive motions, talking and hearing are required. The employee will frequently communicate and must be able to exchange accurate information with others. The employee may need to move around their office to attend meetings and to access files, machinery or other job-related tools. HomeTrust Bank values and promotes diversity and inclusion in every aspect of our business and at every level within the company. We recruit, hire, and promote employees based on their individual ability and experience and in accordance with Affirmative Action and Equal Employment Opportunity laws and regulations. Our policy is that we do not discriminate on the basis of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, physical or mental disability, pregnancy, marital status, status as a protected veteran, or any other status protected by federal, state, or local law.