Commercial and Small Business Closing Coordinator

Job Description

The Commercial and Small Business Closing Coordinator will contribute to a team environment by coordinating and leading the loan closing process for commercial and small business loans as well as facilitating the loan closing process for transactions with documentation prepared by external legal counsel. This position will effectively manage the closing timeline to ensure service standards. Position will have direct external customers, lending partners, and external legal counsel contact. Must have strong knowledge and background in the key documentation elements of complex lending arrangements.

Essential Functions

• 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

Record via E-File OR

Education + Experience preferred

This position can be performed remotely, unless you live within 40 miles of one of our Hub locations which are listed below. If you live within 40 miles of one of the locations listed below, you must be onsite Monday - Thursday with Friday as an optional work from home day.

INDEPENDENCE, OH

Suite 345

Independence, OH 44131

COLUMBUS, OH

3 Easton Oval

Columbus, OH 43219

BUFFALO, NY

Suite 100

Buffalo, NY 14221

MOUNT JOY, PA

Mount Joy, PA 17552

WARREN, PA

Warren, PA 16365

ERIE, PA

Erie, PA 16501

PITTSBURGH, PA

532 Lincoln Avenue

Bellevue, PA 15202

525 William Penn Place

Suite 3550

Pittsburgh, PA 15222

FISHERS, IN

Suite 150

Fishers, IN 46037

#LI-EK1

Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.