Commercial Loan Closing Specialist

Bank of Oak Park

Rosemont, Illinois, US
Hourly: $24.03 - $31.25; bonus/equity: eligible to...
On-site
Obtain supporting documents
Review loan documents
Manage loan closing pipeline
The Bank of Oak Park is seeking a Commercial Loan Closing Specialist to manage the loan closing process, ensuring compliance with banking procedures and effective communication with various stakeholders. Ideal candidates should have 3-5 years of banking experience, particularly in commercial real estate and commercial lending, alongside strong problem-solving and computer skills. The position offers a competitive salary, comprehensive benefits, and opportunities for career development within a supportive company culture

Job Summary

  • Obtains appropriate supporting documents including title work, flood and OFAC searches, insurance, organizational documents, real estate collateral documentation and various due diligence items to verify compliance with loan approval and bank closing procedures.
  • Manages the loan closing pipeline and communicates timelines with internal loan operations department, lenders, title companies, and attorneys throughout the loan process.
  • Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses.

Matching Summary

Match Score: 85

The Bank of Oak Park is seeking a Commercial Loan Closing Specialist to manage the loan closing process, ensuring compliance with banking procedures and effective communication with various stakeholders. Ideal candidates should have 3-5 years of banking experience, particularly in commercial real estate and commercial lending, alongside strong problem-solving and computer skills. The position offers a competitive salary, comprehensive benefits, and opportunities for career development within a supportive company culture.

Salary

Hourly: $24.03 - $31.25; Bonus/Equity: eligible to earn an annual bonus; Benefits: Medical, Dental, Vision, Life, 401k with match, tuition reimbursement, and more

Skills & Requirements

Must-have

  • Obtain supporting documents
  • Review loan documents
  • Manage loan closing pipeline
  • Coordinate loan disbursement

Nice-to-have

  • Relationship-focused service
  • Award-winning culture
  • Family-friendly work hours

Key Requirements

  • 3-5 years banking experience
  • Closing experience preferred
  • High School Degree or equivalent
  • Advanced computer skills

Work Rights

Not specified

Tailored Resume

Cover Letter