Commercial Loan Closer

The Commercial Loan Closer is responsible for ensuring loans originated in CBUD are closed in accordance with the loan approval documents and the Bank's Loan Underwriting and Administration Guidelines (LUAG). The loan closer is accountable for identifying, requesting, reviewing, analyzing and completing required due diligence to satisfy the credit approval and/or LUAG; Request and/or review required commercial loan documentation for both real estate and non-real estate loans; Perform duties associated with exception tracking and uploading of information to the loan origination system; This position will be the key focal point of communication and pro-actively interacts with internal and external customers; Assemble loan closing packages, credit files and ensure that disbursements are completed accurately and loan funds are balanced under minimal supervision and using established guidelines.

• Act as a liaison for unresolved issues between Business Banking Officers, Commercial Loan Officers, and other areas of the Bank
• Analyze and interpret the credit approval to determine borrower, collateral and guarantor documentation requirements
• Review and utilize conditions set to determine due diligence requirements
• Order appraisals and environmental reports and/or collect required due diligence items such as entity/organizational documents, loan payoff letters, flood determination, proof of insurance, etc.
• Timely follow up and management of incoming and outstanding items from borrower, legal counsel and/or loan officer
• Facilitate communication throughout the process with all parties
• Request internally prepared loan documentation or engage with outside counsel for externally prepared loan documentation for all new loans, modifications and renewals
• Review all loan documentation to ensure all terms and conditions have been satisfied prior to closing and that all documentation satisfies approval conditions, policies, procedures and any and all regulatory requirements
• Take appropriate remedial action to resolve deficiencies and escalate questions/disputes to appropriate management level when necessary
• Upload loan information to loan origination system accurately and timely
• Monitor, track and follow up on all post-closing and document exceptions
• Serve as a back-up for other CBUD colleagues
• Document any missing or clear any collateral/documentation exceptions for all loans and seek approval from approval officers and managers
• Review and validate any compliance reporting data such as HMDA and CRA.
• Prepare accurate information and customer communication as needed for any Adverse Action taken for CBUD loans.
• Create accurate and organized loan files, both physical and electronically
• Participate in any required department training sessions or meetings.
• Provide excellent customer service to all internal and external customers.
• Complete other duties and special projects as assigned or requested.

Education, Certification, License and Experience:

• Required - Bachelor's Degree
• Required - Minimum of 1-2 years of banking experience
• Preferred - Prior commercial loan documentation experience
• Preferred - Prior loan closing experience

Skills and Knowledge:

• Ability to manage multiple priorities and meet critical closing deadlines
• Ability to understand Bank policies and procedures
• Strong personal computer skills with experience in Microsoft Office Suite
• Ability to multi-task and prioritize work efficiently and effectively
• Appropriately escalate issues requiring problem solving and decision making. Must be detail-oriented and possess strong time management skills
• Excellent interpersonal, communication and organizational skills
• Responsible for knowing and ensuring compliance with applicable laws, regulations and guidelines, as detailed in policies as they pertain to the position.

Our goal is to offer our colleagues the most generous benefits package possible. We strive to provide colleagues with a comprehensive benefits package and an environment that supports a healthy work-life balance. Benefits include: Competitive compensation with performance incentive awards, Health Insurance, Dental Insurance, a 401K and DC Plan for your retirement, LTD & Life Insurance, Day Care Reimbursement, Tuition Assistance for graduate and undergraduate programs, an award winning Wellness program and much more!

At Rockland Trust you'll find a respectful and inclusive environment where everyone is given the chance to succeed. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.