Commercial Loan Closing Specialist Sr.

Job Title : Commercial Loan Closing Specialist Sr - CIP

The Commercial Loan Closing Specialist Sr - CIP is responsible for initiating and driving the loan closing process, developing and maintaining relationships, coordinating the activities, decisions, and communications amongst the deal team along with internal counsel, outside counsel, and third parties.

Duties and Responsibilities :

• Responsible for the integrity of loan closings, due diligence, documentation, compliance and loan booking. Including : review closing documents, ensure the loan structure and terms conform to credit approval and bank policies, and requirements to close are in place, identify and appropriately mitigate exceptions.
• Makes decisions that influence risk management and customer relationships for loans that are typically greater than $5 million, with custom, complex terms that may involve acquisition, bonds, syndication, tax credits, credit derivatives, etc. Collaborates with Sales and Portfolio Managers to influence business decisions
• Responsible for proactive identification of potential risks and adverse situations that may impact the bank's interest at loan and portfolio level, including other business segments as assigned. Communicates and / or escalates risks, pursues corrective action and drives solutions
• Obtains and reviews due diligence such as title commitments, flood determinations, insurance and other pre-closing items, and coordinates review with respective banker, outside counsel and title company. Prepares closing statements, ensuring all fees are collected (e.g. appraisal fees, commitment fees and other closing fees). Prepares forms necessary to book loan on system of record.
• Responsible for clearing any outstanding post-closing items and collateral exceptions; works with Commercial Loan Servicing to resolve errors. Manages closing checklist, certifications, and closing files according to Business Segment standards.
• Develops and maintains positive relationships with the customer, that may involve customer-facing activities such as conference calls, correspondence, pre- and post-closing meetings, notarizing signatures, and attending loan closings.
• Performs other duties as assigned.

Basic Qualifications :

Preferred Qualifications :

Exempt Status : Yes = not eligible for overtime pay

Workplace Type : Office

Certain positions outside our branch network may be eligible for a flexible work arrangement. We're combining the best of both worlds : in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice : Visit Huntington's Career Web Site for more details.

Note to Agency Recruiters : Huntington Bank will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington Bank colleagues, directly or indirectly, will be considered Huntington Bank property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.