Senior Commercial Loan Closer
Cleveland, Ohio; Medford, Massachusetts; Philadelphia, Pennsylvania; Pittsburgh, Pennsylvania; Riverside, Rhode Island
Req. Number: 223683
Full/Part Time: F
Shift: 1st Shift
A critical member of the Agency client relationship team who is responsible for ensuring loans with complex loan structures or documentation requirements are closed and documented in accordance with the credit approval. The incumbent is responsible for accurately booking the loan to the loan accounting system. The incumbent will also assist closers perform appropriate due diligence tasks, including all KYC due diligence, review operational risk components and ensure conditions precedent are met prior to closing or funding a loan. As part of the Agency team the incumbent must possess strong verbal and written communication skills in order to interact efficiently and effectively with internal business partners, legal counsel and clients. Knowledge of Federal regulations, loan documentation terms and conditions including Credit Agreements, Notes, Guarantees, and collateral is required as the incumbent acts a gate keeper for certain compliance and reporting requirements. The incumbent is expected to perform these functions under supervision of a Team Leader.
Perform appropriate due diligence tasks, review operational risk components, and ensure conditions precedent are met prior to closing or funding a loan.
Participate in colleague events, including but not limited to daily huddles, Root Cause Problem Solving sessions, special projects, and bank-initiated meetings.
Consistently maintain a state of internal and external audit and risk readiness.
Exhibit the ability to identify risk issues and escalate.
Complete required training timely and with a passing score
- 5+ years experience in the closing of transactions required
- Possess strong verbal and written communication skills in order to interact efficiently and effectively with internal business partners, legal counsel and clients.
- Knowledge of Commercial Loans
- Knowledge of Federal regulations, loan documentation terms and conditions including Credit Agreements, Notes, Guarantees and collateral is required as the incumbent acts as a gate keeper for certain compliance and reporting requirements.
- Detail oriented to maintain high degree of accuracy in execution and data quality
- Comprehensive analytical ability to facilitate complex problem resolution
- Adept at PC and mainframe applications
Education: Bachelor’s degree preferred
Hours and Schedule:
Schedule: Monday-Friday 8-5
We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more.View Benefits
Citizens, its parent, subsidiaries, and related companies provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability or perceived disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws.
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