Job description

BUSINESS CLOSING OFFICER - WATERFORD OFFICER

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 approval, guidelines, deadlines, policies and procedures.

• Reviews approved mortgage loans documents to determine conditions that must be met prior to loan closing and/or reviews documents against the commitment letters to make certain to assure that all mark ups were or will be addressed. Discusses any doubts with the manager.

• Requests documents and/or additional information as: property information, payoff letters, insurance, and environmental report and title documents.

• Interact with customers as needed.

• Requests OFAC and CCI reports to comply with BSA and US Patriot Act Regulations.

• Ensures that all post-closing conditions are included in the Post-Closing Report.

• Prepares the following reports: Mortgage Loan Production and Documentary Stamp Reports on a monthly basis. Logs all closed loans in the Mortgage Loan Production Report.

• Responsible for balancing of the monthly Commercial Closing General Ledger Accounts.

• Serve as back up in other areas within the department according to departmental needs.

Minimum Requirements:

• This position requires a minimum of High School Diploma and mortgage loan experience, or a minimum of 2 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.

EQUAL EMPLOYMENT OPPORTUN ITY EMPLOYER

Job Type: Full-time

Pay: $47,000.00 - $62,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Tuition reimbursement
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Ability to commute/relocate:

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

Experience:

• working with commercial loan documentation: 3 years (Required)

Work Location: In person

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