Commercial Closing Officer (Hybrid- Wilmington, DE or PA)

🌍 Remote, USA 💹 Full-time 🕐 Posted Recently

Job Description

About the position

    Responsibilities
  • Validate Loan Closing Documentation and pre-closing Due Diligence Requirements for each loan.
  • Review, interpret, and validate loan documentation according to M&T Legal guidance.
  • Complete the Commercial Closing Checklist and ensure all required documents are captured correctly.
  • Submit the completed Commercial Closing Checklist to the Senior Closing Officer for review.
  • Follow up with approved Bank counsel and other partners to finalize loan documentation and funding.
  • Address discrepancies and issues found during due diligence and loan closing processes.
  • Coordinate with team members to resolve escalated problems and exception requests.
  • Communicate effectively with co-workers to foster a positive team environment.
  • Confirm loan closing and satisfactory review of executed loan documents with Senior Closing Specialist.
  • Maintain up-to-date knowledge of processes and procedures related to closing capabilities.
  • Manage time effectively to meet deadlines while handling multiple closing requests.
  • Assist and provide backup to other closing team members as needed.
  • Attend departmental training calls to stay current on procedures and regulatory updates.
  • Report customer complaints to the Office of Customer Advocacy as appropriate.
  • Adhere to the Company's risk and regulatory standards and identify risk-related issues.
    Requirements
  • Bachelor's degree and a minimum of two years related commercial loan closing experience, or a combined six years of higher education and/or work experience with two years of related experience.
  • Knowledge of the commercial closing process, loan documentation, and applicable regulations.
  • Strong detail orientation for examining information and resolving issues.
  • Strong interpersonal skills for business partner relationships.
  • Ability to work independently and as part of a team.
  • Self-motivated and well-organized individual.
  • Ability to work under time constraints and handle multiple tasks.
  • Good verbal and written communication skills.
    Nice-to-haves
  • Familiarity with Loan Approvals and Escalation/Exception Requirements.
  • Knowledge of unit/department policies and procedures.
  • Knowledge of applicable products, systems, and workflows.
  • Paralegal experience and experience in lending operations, underwriting, and customer service.
    Benefits
  • Competitive pay range of $24.76 - $41.27 per hour.
  • Hybrid work environment.

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