Commercial Loan Closer
Location
United States
Posted
18 days ago
Salary
0
Seniority
Junior
Job Description
Commercial Loan Closer
SouthState Bank
• Take ownership of all tasks and challenges in the operation of assigned position. • Ensure Commercial loan document requests are processed timely and accurately. • Work closely with Relationship Managers, Loan Assistants, Credit Administration, and Settlement Agents. • Ensure due diligence is completed on closing requests and prepare loan closing documents using LaserPro. • Deliver closing documents to the Settlement Agent or branch in accordance with established SLAs.
Job Requirements
- High School Diploma or Equivalent
- One to three years of experience in commercial loan documentation is required
- Certifications/Specific Knowledge: Microsoft Word, Excel, and Outlook
- Knowledge of nCino and LaserPro preferred
Benefits
- Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Required annual compliance training.
- New Employee Orientation; On the job training and any additional training as identified by management
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SBA Loan Closer
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• Manage an active pipeline of SBA 7(a) and Express loans, including complex structures and multi-facility transactions • Interpret and apply SBA SOP guidelines throughout the closing process to ensure compliance • Review and validate credit approvals, authorization documents, and closing conditions for SBA eligibility • Partner with clients and their advisors to collect and review both SBA-required and lender-required documentation • Communicate closing conditions and funding timelines clearly to customers and stakeholders • Conduct detailed document reviews to confirm SBA compliance and resolve issues with minimal oversight • Collaborate with internal teams, legal counsel, and third-party providers to meet SBA closing requirements • Ensure loans are properly collateralized, documented, and disbursed per SBA and Bank standards

