Hybrid Commercial Loan Closing Agent - Hybrid - Jackson, MS en Hope Enterprise Corporation

HOPE (Hope Enterprise Corporation, Hope Credit Union and Hope Policy Institute) provides financial services; leverages resources; and engages in advocacy that strengthens the financial health and wealth of people in under-resourced Deep South communities. Since 1994, these efforts have benefitted more than three million people in Alabama, Arkansas, Louisiana, Mississippi and Tennessee, and influenced billions in persistent poverty communities across the nation. Learn more at https://www.hopecu.org/.

Title: Commercial Loan Closing Agent

Department: Commercial Lending

Reports To: Closing Team Lead

Supervises: n/a

Job Classification: Full-time, Non-Exempt

Location: Hybrid, Jackson, MS

The Commercial Loan Closing Agent is responsible for completing assigned commercial loan closings in accordance with the terms and conditions of the loan approval.  

Responsibilities:

• Gather and review documentation required for commercial loan closings.
• Coordinate closings with external and internal counsel so that each commercial loan closing is performed as efficiently as possible.
• Produce internal commercial loan closing documentation using the Compliance One Lending System.
• Ensure efficiency and proficiency with core, lending, imaging and other third-party vendor systems
• Prepare loan modifications and extensions as requested
• Ensure all necessary commercial loan closing documents (i.e., SBA) are produced, executed, recorded, and filed correctly.
• Ensure timely clearing of exceptions
• Work closely with Fiscal, Attorneys, Loan Officers, Processors and Title companies to review closing packages and ensure all funding requirements are met
• Assist Senior Closing Agent and Team Lead as needed
• Ensure timely and efficient delivery of closing packages to the servicing team
• Maintain professional and positive contact with co-workers, customers and others to encourage solid cooperative working relationships and enhance Hope’s image.
• Monitor activity of all loan commitment packages and keep Commercial Loan Officers and other personnel informed/updated through the generation of weekly loan closing pipeline reports through the loan tracking system.
• Manage closing package, follow-up information, and post-closing issues to ensure that all documentation is received by Loan Operations to properly document the loan.
• Follow and recommend updates for the loan closing procedures.
• Assist with audits as needed

Qualifications:

Required

• High School Diploma or GED
• Minimum of two years' experience in loan documentation and closing (i.e., title work, recording documentation), preferably in commercial and commercial real estate lending and finance
• Ability to manage multiple projects while maintaining accuracy and efficiency
• Ability to navigate in various computer systems

Preferred

• Bachelor’s degree highly desired
• Paralegal training experience is a plus
• Experience working in Next Gen or Baker Hill systems is plus

Key Competencies & Skills:

• Organizational awareness
• Attention to detail
• Teamwork
• Written communication
• Initiative
• Results Orientation
• Ability to learn, use and create compliant commercial and commercial real estate loan documents for non-complex transactions with guidance.
• Ability to document SBA loan closings properly.
• Ability to read and interpret commercial loan closing documents, including title insurance policies.
• Ability to apply commonsense understanding to carry out detailed written or oral instructions.
• Ability to organize and effectively prioritize and manage workload.
• Strives to be innovate and forward thinking to fine tune processes that will result in a higher level of customer service and to develop confidence.

Work Environment:

• Employee spends most of their time in an office environment, accessible to the public, customers, potential customers, and external counsel.
• Noise level in the work environment is usually moderate
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Comprehensive Benefits Package:

• Paid Vacation and Sick Time
• 11 Paid Holidays
• 401(k) with Company Match
• Medical, Dental, and Vision Benefits
• Flexible Spending Account (FSA)
• Disability Benefits
• Life Insurance, Critical Illness, Accident
• Employee Assistance Program (EAP)
• Tuition Reimbursement, Professional Development 

Hope Enterprise Corporation does not participate in or engage in any form of visa sponsorship, including employment-based visa applications or extensions (e.g., H-1B, TN, O-1, OPT, STEM OPT, etc.). Candidates must be legally authorized to work in the United States at the time of application and throughout the duration of employment.

We are an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.