Loan Operations - Commercial Real Estate Loan Closer

Loan Operations Commercial Real Estate Closer

The Loan Operations Commercial Real Estate Closer is responsible for ensuring all commercial real estate loans originated in the bank are closed in accordance with the loan approval and in accordance with the Bank's credit policy requirements. The loan closer collects and reviews all entity and collateral due diligence, engages the deal team to ensure loan documentation is consistent with the loan approval, and coordinates the final closing and funding activities in the loan cycle. The loan closer serves as the point of contact and process driver throughout the loan origination process.

Responsibilities

• Manage and lead the coordination of commercial real estate loan closings from term sheet to initial funding and booking, including complex credits such as participations and syndications, by interfacing with internal business partners, clients, title companies, attorneys, syndicate bank members, and other third-party vendors and consultants.

• Responsible for reviewing loan documentation against the formal credit approval and ensuring documents comply with current bank, federal and state policies as well as legal standards and system functionality.

• Review and analyze due diligence required to close a commercial real estate loan, including but not limited to, entity documentation, flood determinations, appraisal, environmental reports, insurance, title, survey, budgets, and all construction related documentation.

• Responsible for booking closed loans to ACBS, our loan system of record.

• Manage post-closing requirements, weekly past due and maturing loan reports.

• Obtain and transmit original loan documents and review and clear all loan collateral exceptions.

• Assist Relationship Managers with processing renewals and modifications on applicable loans in the commercial real estate portfolio.

• Act as a liaison with various internal business partners to facilitate account openings, client on-boardings, loan fundings, and maintenance.

• Establish and maintain effective relationships with customers, business partners and team members to ensure an exceptional client experience.

• Assist management with various operational duties and responsibilities.

• Assist with special projects, as necessary.

• Other duties may be assigned.

• Abide by Texas Capital Bank policies, procedures, and regulatory compliance guidelines.

Qualifications

• Required – Minimum 5 years commercial real estate loan closing experience.

• Required – Ability to manage multiple loans at one time in order to meet critical closing deadlines.

• Required – Prior commercial loan closing experience to include due diligence requirements around commercial collateral and entity documentation. Demonstrated expertise in reviewing and interpreting of all types of loan documentation and lien perfection for attorney and internally prepared documents.

• Required – Ability to interface effectively and build and maintain positive working relationships with executive management, clients, attorneys, title companies, third party consultants and handle confidential information with discretion.

• Preferred – Degree preferred, but commensurate work experience will be strongly considered

• Preferred – ACBS system knowledge

Additional Requirements/Skills You Would Like To Add?

• Superior oral and written communication skills

• Proven history as a self-starter who can add value by driving process related decisions while working independently with a minimum amount of supervision.

• Strong change management skills and ability to work at a consistently changing pace.

• Ability to obtain, analyze and synthesize information as well as multi-task under pressure.

• Ability to communicate at all levels of the organization

• Ability to manage a high volume of deadline driven work in a fast-paced environment

• Ability to readily identify needs and requirements, and establish plans and processes to ensure successful results.

• Superior client service skills/attitude.

• Excellent problem-solving and critical thinking skills.

• Proficient knowledge of Outlook, Word and Excel.