Senior Loan Closing Coordinator - Valley National Bank

Responsibilities include but are not limited to:


* Lead in procuring documentation and information essential to loan application processing and ongoing portfolio management.
* Review loan approvals for accuracy, and coordinate revisions as necessary.
* Assist Relationship Managers with providing superior customer service to existing customers by resolving issues and providing accurate and timely information.
* Engage Attorney or Doc Prep team to prepare documents for closing.
* Collect due diligence needed to close loans in accordance with approval.
* Maintain and utilize a closing checklist to ensure all required items are received and all steps have been taken. Act as liaison with attorneys and lenders and coordinate closing dates.
* Obtain all necessary Insurances and ensure sufficient coverage requirements are met prior to closing.
* Monitor pipeline reports to ensure timely closings.
* Carefully review loan documents for closing to ensure accuracy; close loans when necessary.
* Review Title Commitment and Final Title Policy for accuracy.
* Clear any documentation and insurance exceptions.
* Communicate with Lenders any issues that arise prior to closing.
* Order items necessary to complete the file.
* Disburse loan proceeds at closing.
* Prepare complete booking packages post-closing to provide booking team with everything. required for input to loan system.
* Complete ad-hoc assignments as required.





Required Skills:


* Familiarity and facility with closing concepts, such as pro-rata, fee types, stub interest.
* Detailed-oriented and possess excellent organizational, follow-up, and customer service skills.
* Must possess ability to work independently, have excellent problem-solving skills.
* Must be proficient with word processing and spreadsheet software programs.
* Excellent written and oral communication skills.
* Teamwork-oriented approach to ensure the fostering of a positive working environment and culture.

Required Experience:


* High School Diploma GED.
* Minimum of 5 years commercial lending processing/closing experience.

Preferred Experience:


* Knowledge of Syndication/Participation, Commercial Real Estate and C&I loan documentation.
* Minimum of 7 years commercial lending experience.

Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled