Senior Loan Closing Coordinator Job Listing at Valley Bank in Wayne, NJ (Job ID 24-549)

Description

Responsibilities include but are not limited to:

• Lead in procuring documentation and information essential to loan application processing and ongoing portfolio management.
• Review loan approvals for accuracy, and coordinate revisions as necessary.
• Assist Relationship Managers with providing superior customer service to existing customers by resolving issues and providing accurate and timely information.
• Engage Attorney or Doc Prep team to prepare documents for closing.
• Collect due diligence needed to close loans in accordance with approval.
• Maintain and utilize a closing checklist to ensure all required items are received and all steps have been taken. Act as liaison with attorneys and lenders and coordinate closing dates.
• Obtain all necessary Insurances and ensure sufficient coverage requirements are met prior to closing.
• Monitor pipeline reports to ensure timely closings.
• Carefully review loan documents for closing to ensure accuracy; close loans when necessary.
• Review Title Commitment and Final Title Policy for accuracy.
• Clear any documentation and insurance exceptions.
• Communicate with Lenders any issues that arise prior to closing.
• Order items necessary to complete the file.
• Disburse loan proceeds at closing.
• Prepare complete booking packages post-closing to provide booking team with everything. required for input to loan system.
• Complete ad-hoc assignments as required.