Homebuilder, Community Finance Loan Closing Specialist

Role Overview

• Manage and lead the coordination of HBCF loan closings from term sheet to initial funding and booking, including complex credits such as participations and syndications, by interfacing with internal business partners, clients, title companies, attorneys, syndicate bank members, and other third-party vendors and consultants.
• Responsible for reviewing loan documentation against the formal credit approval and ensuring documents comply with current bank, federal and state policies as well as legal standards and system functionality.
• Request, order, review and analyze due diligence required to close an HBCF loan, including but not limited to, entity documentation, flood determinations, appraisal, inspections, environmental reports, insurance, title, survey, budgets, and all construction related documentation. Obtain and transmit original loan documents and review and clear all loan collateral exceptions.
• Assist Relationship Managers with processing renewals and modifications on applicable loans in the HBCF portfolio.
• Act as a liaison with various internal business partners to facilitate account openings, client on-boardings, loan fundings, and maintenance. Perform timely and accurate system input of builder requests for collateral/units to be added to lines of credit. Process builder draw requests on weekly basis, including inspections of units, updating percent complete in system and reviewing reports to determine availability.
• Review/reconcile monthly/quarterly collateral reports provided by builder for accuracy with HBCF reports. Prepare and process renewal letters for builder’s maturing collateral units monthly.
• Handle approximately 10 builder portfolios which may be borrowing base or guidance lines of credit.
• Establish and maintain effective relationships with customers, business partners and team members to ensure an exceptional client experience.
• Assist with special projects or other various operational duties and responsibilities as needed.

Requirements

• Minimum 3 years commercial loan closing experience with at least 2 years of real estate or construction loan documentation and collateral tracking experience preferred.
• Ability to manage multiple loans at one time to meet critical closing deadlines.
• Prior commercial loan closing experience to include due diligence requirements around commercial collateral and entity documentation.
• Demonstrated expertise in reviewing and interpreting all types of loan documentation and lien perfection for attorney and internally prepared documents.
• Ability to interface effectively and build and maintain positive working relationships with executive management, clients, attorneys, title companies, third party consultants and handle confidential information with discretion.
• Experience with TCL/Loan Momentum collateral management system a plus.
• Proficient knowledge of Outlook, Word, and Excel.
• Exceptional problem-solving and critical thinking skills.
• Ability to work independently with minimum amount of supervision.
• High attention to detail.
• Customer Service mindset with personal initiative and urgency to resolve issues, answer questions and elevate problems when outside authority limits or knowledge level.

Benefits

• health insurance coverage
• wellness program
• fertility and family building aids
• life and disability insurance
• retirement savings plans with a generous 401K match
• paid leave programs
• paid holidays
• paid time off (PTO)