Senior Loan Closing Coordinator

Valley National Bancorp Wayne , NJ 07470

Posted 1 week ago

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.

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Senior Loan Closing Coordinator

Valley National Bancorp