CRE Loan Closing Specialist – Senior
| Company | Huntington Bancshares |
|---|---|
| Location | Indianapolis, IN, USA, Detroit, MI, USA, Cleveland, OH, USA, Grand Rapids, MI, USA, Pittsburgh, PA, USA, Cincinnati, OH, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior |
Requirements
- Bachelors Degree
- 5+ years commercial real estate closing experience
Responsibilities
- Responsible for initiating and driving the loan closing process, coordinating the activities, decisions, and communications amongst the deal team with the customer, outside counsel, and third parties.
- Responsible for the integrity of loan closings, due diligence, documentation, compliance, loan booking, and closing files for CRE customers and loans. Including: review and sign closing documents, ensure the loan structure and terms conform to credit approval and bank policies, and requirements to close are in place, identify and appropriately mitigate exceptions.
- Makes decisions that influence risk management and customer relationships for loans that are typically greater than $5 million, with custom, complex terms that may involve construction, acquisition, bonds, syndication, tax credits, credit derivatives, etc. Collaborates with Sales and Portfolio Managers to influence business decisions.
- Responsible for proactive identification of potential risks and adverse situations that may impact the bank’s interest – at loan and portfolio level, including other business segments as assigned. Communicates and/or escalates risks, pursues corrective action and drives solutions.
- Orders and reviews due diligence such as title commitments, flood determinations, insurance and other pre-closing items, and coordinates review with respective banker, outside counsel and title company. Prepares closing statements, ensuring all fees are collected (e.g. appraisal fees, commitment fees and other closing fees). Prepares forms necessary to book loan on system of record.
- Responsible for clearing any outstanding post-closing items and collateral exceptions, and ensures accuracy of loan and customer information on system of record; works with Commercial Loan Servicing to resolve errors. Manages closing checklist, certifications, and closing files according to Business Segment standards.
- Performs other duties as assigned.
Preferred Qualifications
- 1+ year Low Income Housing Tax Credit (LIHTC) experience preferred
- Demonstrates confidence, assertiveness, professionalism, and ability to interact with all levels within the organization in a professional manner
- Proficient use of Microsoft Office and other internet resources
- Excellence in customer service, highly motivated, focused and goal oriented
- Excellent written and verbal communication skills, including grammar and demeanor
- Strong organizational skills with attention to detail, planning and follow-up
- Ability to work independently on multiple tasks without compromising quality