Commercial and Small Business Closing Coordinator

The Commercial and Small Business Closing Coordinator will contribute to a team environment by coordinating and leading the loan closing process for commercial and small business loans as well as facilitating the loan closing process for transactions with documentation prepared by external legal counsel. This position will effectively manage the closing timeline to ensure service standards. Position will have direct external customers, lending partners, and external legal counsel contact. Must have strong knowledge and background in the key documentation elements of complex lending arrangements.

Essential Functions

Conduct review of all loan documentation (originated and broadly syndicated loans) to ensure all legal, credit, collateral, and regulatory requirements are included in the documentation. This will include a wide variety of real estate and commercial documents and contracts, leases, assignments, easement agreements, title reports, appraisals, surveys, mortgage loan documentation, entity formation documentation, partnership agreements and other real estate transaction documentation.

Review documents received from originating lenders on purchased credit facilities to ensure approved terms and conditions are appropriately documented and all required documents were obtained in accordance with established procedures. Certification of all required documents establishing the power, authority, and existence of all obligors, guarantors, etc. is obtained and is retained appropriately in company records.

Manage title company process on originated loans including reviewing, analyzing title documents and encumbrances, surveys and parcel maps, leases, and purchase agreements. Communicate with the borrower to see that all title requirements are met at closing. Collateral may involve real estate in multiple counties and states.

Coordinate the post-closing Legal Review of all loan documents for accuracy and completeness

*Ensure all original documents are scanned and uploaded to the system of record

Compile vital documents for the creation of paper files to be housed in vault

Original documents are received via inter-office, USPS or overnight services

Coordinate any curative actions required by the independent Quality Control/Legal Review

Ensure all documents to be recorded at county level are completed

Record via E-File OR

Mail recording to county courthouse with appropriate recording payment

Review, monitor and track construction loan progress ensuring inspections are tracked and completed, copies of all applicable documents (i.e. contracts, permits, plans, specs, maps, etc.) are obtained and approved construction costs are not exceeded. This may involve working with title companies for date down endorsements

Demonstrate knowledge and ability to analyze problems, make decisions, and take measured risks, using available data

Coach and mentor less experienced team members

Work as part of a team in a leadership capacity

Ensure compliance with Northwest's policies and procedures, and Federal/State regulations

Navigate Microsoft Office Software, computer applications, and software specific to the department to maximize technology tools and gain efficiency

Work as part of a team

Work with on-site equipment

Complete other duties and special projects as requested by management

Education + Experience preferred

Bachelor's degree in Business, Business Law, or Paralegal Program

3-5 years of Commercial real estate lending experience

3-5 years of loan closing and documentation function in law firm

3-5 years of experience in a title company closing commercial loans

This position can be performed remotely, unless you live within 40 miles of one of our Hub locations which are listed below. If you live within 40 miles of one of the locations listed below, you must be onsite Monday - Thursday with Friday as an optional wo