Northwest Bank · 6 days ago
Commercial and Small Business Closing Coordinator III
Bellevue, PA
Full-time
Hybrid
Mid Level
3+ years expNorthwest Bank is a financial institution seeking a Commercial and Small Business Closing Coordinator to manage the loan closing process for commercial and small business loans. The role involves reviewing loan documentation, coordinating with external parties, and ensuring compliance with legal and regulatory requirements.
BankingFinancial Services
Responsibilities
Conduct review of all loan documentation (originated and broadly syndicated loans) to ensure all legal, credit, collateral, and regulatory requirements are included in the documentation. This will include a wide variety of real estate and commercial documents and contracts, leases, assignments, easement agreements, title reports, appraisals, surveys, mortgage loan documentation, entity formation documentation, partnership agreements and other real estate transaction documentation
Review documents received from originating lenders on purchased credit facilities to ensure approved terms and conditions are appropriately documented and all required documents were obtained in accordance with established procedures. Certification of all required documents establishing the power, authority, and existence of all obligors, guarantors, etc. is obtained and is retained appropriately in company records
Manage title company process on originated loans including reviewing, analyzing title documents and encumbrances, surveys and parcel maps, leases, and purchase agreements. Communicate with the borrower to see that all title requirements are met at closing. Collateral may involve real estate in multiple counties and states
Coordinate the post-closing Legal Review of all loan documents for accuracy and completeness
Ensure all original documents are scanned and uploaded to the system of record
Compile vital documents for the creation of paper files to be housed in vault
Original documents are received via inter-office, USPS or overnight services
Coordinate any curative actions required by the independent Quality Control/Legal Review
Ensure all documents to be recorded at county level are completed
Record via E-File OR
Mail recording to county courthouse with appropriate recording payment
Review, monitor and track construction loan progress ensuring inspections are tracked and completed, copies of all applicable documents (i.e. contracts, permits, plans, specs, maps, etc.) are obtained and approved construction costs are not exceeded. This may involve working with title companies for date down endorsements
Demonstrate knowledge and ability to analyze problems, make decisions, and take measured risks, using available data
Coach and mentor less experienced team members
Work as part of a team in a leadership capacity
Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations
Navigate Microsoft Office Software, computer applications, and software specific to the department to maximize technology tools and gain efficiency
Work as part of a team
Work with on-site equipment
Complete other duties and special projects as requested by management
Qualification
Required
Strong knowledge and background in the key documentation elements of complex lending arrangements
Conduct review of all loan documentation (originated and broadly syndicated loans) to ensure all legal, credit, collateral, and regulatory requirements are included in the documentation
Review documents received from originating lenders on purchased credit facilities to ensure approved terms and conditions are appropriately documented and all required documents were obtained in accordance with established procedures
Certification of all required documents establishing the power, authority, and existence of all obligors, guarantors, etc. is obtained and is retained appropriately in company records
Manage title company process on originated loans including reviewing, analyzing title documents and encumbrances, surveys and parcel maps, leases, and purchase agreements
Communicate with the borrower to see that all title requirements are met at closing
Coordinate the post-closing Legal Review of all loan documents for accuracy and completeness
Ensure all original documents are scanned and uploaded to the system of record
Compile vital documents for the creation of paper files to be housed in vault
Original documents are received via inter-office, USPS or overnight services
Coordinate any curative actions required by the independent Quality Control/Legal Review
Ensure all documents to be recorded at county level are completed
Record via E-File OR mail recording to county courthouse with appropriate recording payment
Review, monitor and track construction loan progress ensuring inspections are tracked and completed
Demonstrate knowledge and ability to analyze problems, make decisions, and take measured risks, using available data
Coach and mentor less experienced team members
Work as part of a team in a leadership capacity
Ensure compliance with Northwest's policies and procedures, and Federal/State regulations
Navigate Microsoft Office Software, computer applications, and software specific to the department to maximize technology tools and gain efficiency
Work as part of a team
Work with on-site equipment
Complete other duties and special projects as requested by management
Preferred
Bachelor's degree in Business, Business Law, or Paralegal Program
3-5 years of Commercial real estate lending experience
3-5 years of loan closing and documentation function in law firm
3-5 years of experience in a title company closing commercial loans
Company
Northwest Bank
Northwest Bank is a financial firm that offers banking, lending, payments, and wealth management solutions.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Louis Torchio
President & Chief Executive Officer
Jim Colestro
Retail Lending > Small Business Banking > Payments
Recent News
2025-10-31
2025-10-10
Company data provided by crunchbase