Commercial Closing Specialist jobs in United States
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Old National Bank · 18 hours ago

Commercial Closing Specialist

Old National Bank has been serving clients and communities since 1834. They are seeking a Commercial Closing Specialist to work with Relationship Managers in providing sales support and coordinating loan requests while ensuring compliance and accuracy in documentation.

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H1B Sponsor Likelynote

Responsibilities

Reviews and inputs loan submissions from RMs in CML including reviewing financial information, ownership, loan structure and compliance needs; responsible for complete and accurate data entry in CML
Communicates with the RM to gather additional information necessary to deem the application as complete and ready for underwriting
Completes loan pre-closing tasks including ordering appraisals, environment reports, and title/UCC searches; performs a detailed and thorough review of entity documents, title insurance, UCC searches, flood determinations, and other supporting documentation
Collaborates with RM to ensure all conditions precedent to closing required by credit are met
Reviews existing loan documents for accuracy and compliance with loan guidelines
Finalizes post-approval in CML
Communicates with underwriting, Line of Business Executives and Credit Administration to address policy exceptions
Utilizes Loan Guidelines and commercial procedures to ensure documents are prepared in accordance with approval document
Utilizes special loan software to produce accurate and complete loan documents
Prepares template documents outside of loan software (i.e. Rate Modifications & Due Date Changes)
Ability to prioritize large pipelines to ensure adherence to service level expectations
Exhibits flexibility in response to the changing banking environment
Ability to work in a fast-paced environment
Provides options and solutions when issues arise
Processes specialty lending products and complex loan transactions
Completes a comprehensive review of loan documents prepared by outside legal counsel to ensure they meet serviceability requirements and terms of approval
Assists in second level reviews of critical items, as needed, to ensure accuracy prior to releasing closing documents
Acts effectively as the first step in the escalation process and exception decisions
Assists in training new team members
Assists in creating and updating processes and procedures for the department
Assists management with special projects

Qualification

Loan ProcessingCommercial GuidelinesAttention to DetailAnalytical SkillsCommunication SkillsProblem ResolutionDeadline ManagementOrganizational SkillsFast-paced Environment

Required

Bachelor's degree, Associate degree and/or H.S. Diploma/GED with equivalent work experience
Knowledge of loan documents and experience with loan processing
Highly organized with a strong attention to detail
Strong analytical and problem resolution skills
Excellent verbal and written communication skills
Must have experience working in a fast-paced office environment with service level expectations
Must be able to meet deadlines

Preferred

Knowledge of ONB loan policy and Commercial Guidelines preferred but not required

Benefits

Medical, dental, and vision insurance
401K
Continuing education opportunities
Employee assistance program

Company

Old National Bank

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Old National Bank is a regional bank providing you with additional provides account choices, expanded convenience, and greater control.

H1B Sponsorship

Old National 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 (4)
2024 (5)
2023 (5)
2022 (5)
2020 (1)

Funding

Current Stage
Public Company
Total Funding
$400M
2024-11-25Post Ipo Equity· $400M
1984-12-04IPO

Leadership Team

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James Sandgren
CEO - Commercial Banking
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Timothy Burke
President & Chief Operating Officer
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Company data provided by crunchbase