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Bank of San Francisco · 1 day ago

Senior Commercial Loan Closer

San Francisco, CA

Full-time

Onsite

Senior Level

$73K/yr - $110K/yr

5+ years exp

Bank of San Francisco is a leading community and private bank serving Bay Area businesses, nonprofits, and individuals. They are seeking a Senior Commercial Loan Closer to ensure all loans are documented and funded accurately and within expected timeframes, while collaborating with various stakeholders throughout the loan process.

BankingFinanceFinancial Services

Growth Opportunities

Responsibilities

Works with Loan Officers/Relationship Managers, Loan Processors, Underwriters, Credit Admin, Loan Servicing, title companies, outside legal counsel, and other vendors to ensure all loans are documented and funded accurately and within expected timeframes

Reviews all entity documents for our commercial clients - LLCs, Corps, Partnerships, Trusts, to ensure we have the proper signers on all loan documents

Reviews preliminary title reports, UCC documents to ensure our lien position will be secured; prepares escrow instructions and works with title or outside council to ensure a smooth and timely closing

Prepares loan documents for all loans, ensuring that all documents are in compliance with applicable regulations and company policies

Verifies that all pre-funding conditions are met and approved as outlined in the underwriter/credit admin approval documentation

Reviews signed document packages and approves funding for all loans

Verifies that insurance requirements are met prior to funding. This includes hazard insurance, flood insurance, commercial general liability insurance, life insurance, disability insurance, etc., as required per credit approval documents

Qualification

Commercial loan documentationLaser ProMicrosoft OfficeBachelor’s degreeAttention to detailProject monitoringOral communicationWritten communicationFlexibility