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First Horizon Bank · 2 days ago

Specialized Lending Loan Closing Officer (LCO)

Memphis, TN

Full-time

Onsite

Mid Level

3+ years exp

First Horizon Bank is a leading regional financial services company committed to delivering a seamless customer experience. The Specialized Lending Loan Closing Officer (LCO) partners with various teams to facilitate the closing of new deals and ensures all documents support the approved credit request for a timely closing.

BankingFinanceFinancial ServicesRisk Management

H1B Sponsor Likely

Responsibilities

Collecting required due diligence for closing

Verifying and funding the initial closing advances with associated balanced GL entries

Collecting fees

Advising the Bank Group of any closing activities

Booking of new facilities

Performing maintenance

Arranging the imaging of loan documentation post-closing

Assisting with clearing resulting loan exceptions

Qualification

Syndication conceptsLoan documentationGeneral Ledger functionsReal Estate Due DiligenceACBS loan systemCustomer serviceAnalytical skillsMicrosoft OfficeCommunication skillsAttention to detail

Required

Extensive understanding of syndication and participation concepts, i.e. pro rata shares, interest/fee accruals, takedowns etc

Complex syndicated and agented loan structures and documentation

General Ledger and reconciliation functions

Real Estate Due Diligence and Flood Compliance

Comprehend Loan Approvals and verify Lending limits

Comprehend credit agreements and all related syndicated loan documentation

Translate the terms of the facility into the servicing system's structure in a way that accurately reflects the terms of loan documents

Perform loan accounting functions (extensive balancing involved)

Ensure wire related procedures are followed and wire funds accordingly

Defuse tense situations or difficult customer interactions or escalate as needed

Handle multiple tasks and prioritize

Work with little supervision but know when to ask for help

Maintain a healthy relationship with internal and external business partners

Take a systematic approach to daily work and planning

Impeccable customer service and customer centric focus

Strong analytical and problem-solving skills

Excellent verbal and written communication skills across all levels of the organization

Proficient computer skills, especially Microsoft Office applications, such as Excel

Attention to detail and ability to identify potential issues and escalate as needed

Comfort with ambiguity

Bachelor's degree in finance or related discipline required

3 - 5 years of previous experience in loan system administration and / or loan closing and due diligence

Preferred

Knowledge of ACBS loan system a plus

Benefits

Medical with wellness incentives, dental, and vision

HSA with company match

Maternity and parental leave

Tuition reimbursement

Mentor program

401(k) with 6% match

Company

First Horizon Bank

Glassdoor3.6

First Horizon Bank provides personal, business, and corporate banking, and private client services, to families and businesses.

Founded in 1864

Raleigh, North Carolina, USA

5001-10000 employees

https://www.firsthorizon.com/pmc

H1B Sponsorship

First Horizon Bank has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (36)

2024 (31)

2023 (15)

2022 (17)

2021 (19)

2020 (16)