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KeyBank · 4 months ago

Agency Closer

Overland Park, KS

Full-time

Hybrid

Mid Level

$61K/yr - $94K/yr

KeyBank is a financial institution seeking a Closer to join their Commercial Mortgage Group. The Closer plays a vital role in ensuring the successful execution of transactions by reviewing documents, coordinating with consultants, and managing compliance requirements throughout the closing process.

Banking

Responsibilities

The Closer reviews every Term Sheet and Application with keen attention to detail, ensuring a thorough understanding of each transaction and proactively seeking clarification when needed

Actively participating in weekly client and pipeline calls, the Closer is instrumental in gathering essential information that keeps transactions progressing smoothly and efficiently toward closing

Coordinating with 3rd party consultants on insurance reviews is critical for the Closer, as is the careful review and approval of all required closing due diligence documents required by KeyBank and/or the investor

Compliance is part of every transaction completed with closers taking a pivotal role in ensuring rigorous attention is given to complying with applicable laws, lending regulatory requirements, as well as investor requirements

This includes the Closer utilizing software tools such as BS/BO, MCA, and RSQ for regulatory compliance purposes

In addition, legal and closing processes are proactively managed by the Closer, with the Closer swiftly identifying any concerns, collaborating with sales and mortgage bankers, underwriters, and legal counsel to develop effective solutions, and escalating matters to appropriate stakeholders when needed

Maintaining up-to-date information in the Loan Origination system for all assigned loans is a matter of routine, as is utilizing approved document repositories for borrower due diligence while securing consents as applicable

The Closer leverages technology to streamline operations and is dedicated to mastering every facet of the closing process

After funding, due diligence documents are promptly delivered to Loan Servicing, and any necessary updates are completed on the Agency website

The Closer also creates and maintains the Closing Workbook, diligently tracking transaction progress using comprehensive checklists from start to finish

In summary, the Closer ensures all assigned loans are closed efficiently, consistently meeting credit approval and compliance requirements, strict closing deadlines, and company performance metrics

Teamwork and exceptional client service are hallmarks of this position

Supporting colleagues and serving as a reliable backup when needed, the Closer maintains the highest standards of professionalism and accountability

Adherence to internal policies, regulatory compliance, and timely completion of risk training underscore a strong risk management ethos

Risks are identified, managed, and escalated as necessary, and corrective action plans are completed without delay

Throughout every stage, they uphold ethical business conduct, avoid conflicts of interest, and always act in the best interest of both clients and the organization

Qualification

Regulatory complianceAttention to detailProblem-solvingMicrosoft ExcelWritten communicationMulti-taskingTeamworkOrganizational skillsVerbal communication