Senior Commercial Loan Closing Specialist

Minimum 5 -8 years of experience, including 5 years of bank operations processing, loan closings or related experience
Post-secondary degree preferred
Demonstrated knowledge of loan documentation and lending regulations

Reviews complex loan documents, initiates and drives deal closing calls that include internal and external deal team members and counsel
Ensures documentation accurately reflects the intentions of the credit approval
Facilitates teamwork and continuity
Prepares funding requests and ensure accurate and complete funding information to ensure a timely closing
Ensures transactions are closed in compliance with the Bank’s loan policy and any other requirements designated by the credit approval
Works with Relationship Manager/Underwriter to understand the transaction and make sure that all relevant documentation is obtained for a timely closing
Liaises and coordinates pre-closing requirements with internal and external clients (Underwriter, Relationship Manager, Syndication Desk, Borrowers, Lenders)
Demonstrates ability to balance required regulatory and policy requirements when making decisions
Ensures Know Your Customer ‘KYC’ requirements have been met prior to closing a transaction
Resolves issues that might impede closing and use judgement to involve the manager and internal counsel when required
Completes post-closing steps to ensure that all necessary documentation is received by downstream partners
Monitors and clears loan exceptions
Develops, designs, and follows inter-departmental controls and risk reducing processes
Positively accepts change and engages with team and relevant stakeholders
Engages in training and Process Improvement Initiatives