Carter Bank · 16 hours ago
Commercial Loan Closer
320 College Dr, Martinsville, VA 24112, USA
Full-time
Onsite
New Grad, Entry LevelCarter Bank is seeking a Commercial Loan Closer who will be responsible for the preparation of closing instructions and performing company procedures required to close, fund and board commercial loans in accordance with company policies and requirements. The role involves reviewing loan packages, coordinating with closing attorneys, and ensuring compliance with regulatory guidelines.
BankingCredit CardsFinanceFinancial Services
Responsibilities
Perform a thorough and complete review of loan package to ensure that the loan transaction and approval complies with the terms outlined in the loan commitment/credit memo, and is structured in accordance with regulatory guidelines and corporate loan policy
Enter detailed loan information into the loan platform system; prepare loan documents accurately and issue to closing attorneys and/or title companies
Order flood determinations and obtain flood notice disclosures when required
Review preliminary documents received from closing agent such as the legal description for the property to be encumbered, settlement statement, title commitment, organizational documents, survey, insurance policy, and UCC searches to ensure the status of the title of the property is acceptable to the bank
Coordinate loan funding with the closing attorney and wire funds to closing attorney for closing
Follow wiring protocols to verify data, and obtain proper wire verification before processing wires
Prepare loan funding tickets and collect bank fees associated with loan closing and apply to proper General Ledger Accounts
Provide exceptional customer service to internal and external customers
Prioritize and monitor workflow to meet closing deadlines
Perform a post-closing review of all executed loan documents ensuring all necessary documentation is complete, accurate, and in compliance with regulatory requirements
Assemble collateral file, assign loan number and provide collateral file to Loan Boarding to input into core system
Complete HMDA reporting in loan platform system, when applicable
Qualification
Required
High school diploma or equivalent required
Excellent customer service skills
Strong verbal and written communication skills
Attention to detail
Ability to perform effectively in fast-paced environment
Knowledge of Microsoft Office, especially Word, Excel and Outlook
Standing, walking, bending and stooping required
Must be able to sit at a desk for long periods of time and use a computer
Must be able to occasionally move or lift up to 10 pounds
May be asked to work supplemental hours periodically
Limited travel occasionally required during and after business hours
Preferred
Prior commercial or other type of loan closing experience is preferred
Paralegal background is a plus
Company
Carter Bank
Carter Bank is a community bank that offers loans, credit cards, personal, and business banking services.
Founded in 1974
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Rich Spiker
Senior Executive Vice President, Chief Lending Officer
Tony Kallsen
Senior Executive Vice President & Chief Credit Officer
Recent News
2025-12-10
UPSTATE BUSINESS JOURNAL
2025-11-23
2025-11-21
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