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 Commercial Loan Closer II

Details
Country: USA
Location: New Mexico-Albuquerque Albuquerque, NM 87102
Total applied: 32
Commercial Loan Closer II

Job Description and QualificationsWork with lender, attorneys and the companies on loan closing for the Albuquerque Commercial Lending departments.  Review all pre-closing and post closing documents for bank compliance and ARR approval; engage vendors, review insurance at loan closing for bank compliance; prepare documentation booking package for HUB; input post closing ticklers in to system of record and follow-up to clear post closing exceptions promptly. Review and fund draw requests, including review of GC Contracts, AIA forms, Change order and loan documents for bank compliance; prepare rate adjustments and initiate loan interest advances; responsible on-going insurance compliance during loan term; work with Title Company to obtain construction down dates; payoffs and resolve lien issues with borrower.  Administer extension modification to assure adherence to Bank policies.  Requirements:Bachelors degree is highly preferred or equivalent work experience.  Minimum high school diploma or GED coupled with some college and/or business training. Requires 3+ years in commercial/corporate/residential loan administration with a lending institution.  Must have experience in banking systems (i.e. AFS and ALS).  Must be highly motivated individual able to handle a stressful environment.  Must be able to prioritize with emphasis on multi-tasking and have excellent communication skills and be proficient in Word and Excel. Compass Bank is an Equal Opportunity Employer Please visit Compassbank.com for information on the many opportunities and employee benefits at Compass Bank!

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