Construction Loan Closer

*Hybrid Position*
The Construction Loan Closing Specialist requires in-depth knowledge and experience in the review process for Ground up Construction Financing loan files and closing settlements.

JOB DUTIES AND RESPONSIBILITIES:

Coordinates all aspects of construction loan closings from approval through funding.
Review loan approvals/memos to ensure all terms and conditions are accurately reflected in closing documents.
Assemble, review, and verify closing documentation, including notes, mortgages, and construction loan agreements.
Verify that all required approvals and conditions have been satisfied before closing.
Confirm hazard, builders’ risk, flood, and other required insurance coverage.
Engages communication with Relationship Managers, Portfolio Managers, title companies, for required closing items.
Ensures compliance with internal lending policies and regulatory requirements.
Manages the daily workflow to ensure that loan closing deadlines are met.
Track the settlement disbursement process, file maintenance, adjustments, reconciliations and other loan system set up functions.
Monitors the closing pipeline and may participate in new loan meetings with Relationship Manager.

OTHER JOB DUTIES AND RESPONSIBILITIES:

Maintains superior customer service when obtaining all Real Estate Finance documentation.
Assume other responsibilities or special duties associated with the function of the department as delegated by Manager.
Oversee and collaborate with team members to ensure accuracy on all loans.
Assists in the development of new business for Firstrust. Is alert to expressed customer/prospect needs to suggest appropriate services. Directs customers to appropriate person to establish business relationships.

PHYSICAL AND SENSORY REQUIREMENTS:

Prolonged periods sitting at a desk and working on a computer.

POTENITAL ON-THE-JOB-RISKS:

None identified.

EDUCATION, TRAINING AND EXPERIENCE:

5-10 years of banking and commercial lending experience
BS or BA Degree in Business Administration or related field experience
Extensive knowledge of and experience with Construction Real Estate closing requirements
Ability to analyze a loan approval and loan file to ensure all necessary documentation is obtained during the closing process
Prior experience working withing with Real Estate Finance lending team is strongly encouraged.
Strong interpersonal skills and good oral written communication skills.
Proven history of managing high volume workflows.

WORK SCHEDULE:

Hybrid work schedule