Job description

CLOSING COORDINATOR

Job Summary:

This position is responsible for coordinating and scheduling the loan closing activities by ensuring all compiled closing documents are accurate, complete and properly signed.

Essential Responsibilities:

• Responsible for closing Commercial and Corporate Banking Loans files in accordance to the Bank’s guidelines, policies and procedures.
• Reviews approve mortgage loan documents to determine conditions that must be met prior to loan closing and/or reviews documents against the commitment letters to ascertain that all mark-ups were or will be addressed. Any doubt in any of the conditions will be discussed with the Unit Manager.
• Requests documents and/or additional information as: property information, payoff letters, insurance, and environmental report and title documents.
• Assures closing and funding actions are done according to deadlines.
• Participates in customers situations that need support from other bank’s units.
• Requests OFAC and CCI reports to comply with BSA and US Patriot Act Regulations.
• Requests Flood Insurance Determination for all closings.
• Reviews the items needed to comply with BSA and Compliance are completed prior the closing action.
• Follows up on post-closing documents.
• Prepares the following reports: Mortgage Loan Production and Documentary Stamp reports on a monthly basis.
• Responsible for balancing the monthly Commercial Closing general ledger accounts on a monthly basis.
• Serve as back up in other areas within the department according to department needs.

Minimum Requirements:

This position requires a minimum of High School Diploma and mortgage loan experience, or a minimum of two years’ experience as a loan processor in a mortgage company or previous banking experience with loan products.

• Good mathematical, and verbal / written communication skills.
• Good understanding of financial institution products and services.
• Prior experience as loan processor.
• Attention to details.
• Ability to generate reports in computer system.

• Good understanding of loan documentations.
• Outstanding excel skills

Disclaimer:

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not indented to be an exhaustive list of all responsibilities, duties, skills required of personnel so classified. The reporting relationship may not reflect the most recent changes to the corporate reporting structure.

Equal Employment Opportunity Employer

Job Type: Full-time

Pay: $20.00 - $22.00 per hour

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee discount
• Health insurance
• Paid time off
• Referral program
• Tuition reimbursement
• Vision insurance

Schedule:

• 8 hour shift

Ability to commute/relocate:

• Miami, FL 33126: Reliably commute or planning to relocate before starting work (Required)

Experience:

• mortgage loan: 2 years (Required)
• loan documentation: 1 year (Preferred)
• Excel: 1 year (Required)

Work Location: In person

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