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UC
United Community Bank
Loan Ops Commercial Loan Closer
Career Insights for Loan Documentation Specialist
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Based on South Carolina data
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What they do
A Loan Documentation Specialist reviews applications for loans and assists with the process of evaluating loans. Prepares, organizes and verifies the documents and reports required for a loan application. Monitors the loan application and approval process and may assist customers with loan payments. May specialize in mortgage, business or other types of loans.
$46,264 / year median in South Carolina
-9% projected decline
Job Description
Overview Join our dynamic team as a Loan Operations Commercial Loan Closer (CLC) and play a pivotal role in the commercial lending process. You'll collaborate with Commercial Relationship Managers (CRM) and Loan Officer Assistants (LOA) to oversee the closing process for all new, renewed, and modified C&I and CRE loans. As a key communicator, you'll interact with various partners to ensure a smooth and timely loan closing process. This role offers the opportunity to work independently and handle a variety of tasks to ensure all approval conditions and due diligence items are met for loan document preparation and processing.
What You'll Do Review and Identify:
Analyze approved credit requests to pinpoint required pre-close conditions and due diligence needs.Due Diligence:
Order and review essential due diligence items such as Title Commitments, UCC searches, Flood determinations, Proof of insurance, Surveys, Entity documents, Real estate appraisals, Environmental Assessments, Good Standing Certificates, and Beneficial Ownership.Monitor and Confirm:
Ensure all due diligence items are received and reviewed for accurate loan document creation and lien perfection.Document Preparation:
Submit loan details to the internal Doc Prep team for closing documentation.Legal Coordination:
Engage with approved attorneys to prepare and/or close loan documents.Scheduling:
Coordinate closing dates and times with all relevant parties, including attorneys, title companies, customers, CRM, and LOA.Accuracy Check:
Review draft closing documents and settlement statements for accuracy, ensuring they align with loan approval. Clear toClose:
Provide final approval for closing once all conditions and due diligence requirements are satisfied.Document Review:
Verify executed documents for complete and accurate signatures, then forward to Loan Servicing for booking.Documentation Management:
Ensure all supporting documentation is properly loaded to CreditLens and/or submitted for imaging.Initial Disbursement:
Assist with initial loan disbursement at closing, acting as the second required signature.Customer Service:
Deliver exceptional service to internal and external clients with urgency and a positive attitude. Requirements For Success 5+ years in the financial services industry, with a preference for commercial loan experience Strong interpersonal, verbal, and written communication skills. Proficiency with MS Office Suite (Outlook, Word, Excel, SharePoint). Knowledge of federal and state banking regulations. Excellent customer service skills. Attention to detail. Strong problem-solving and critical thinking abilities. Organizational and time management skills to balance multiple priorities and meet deadlines. Commitment to compliance training and continuous learning.Preferred Skills:
College degree in business or paralegal certification.Conditions of Employment Conditions of Employment:
Must be able to pass a criminal background & credit check This is a full-time, non-remote position FLSA status: Non-exempt We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state, or local protected class. Pay Range USD $42,061.00 - USD $64,465.00 /Yr.Benefits
- Dental Insurance