| Job Description 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 vaultOriginal documents are received via inter-office, USPS or overnight servicesCoordinate any curative actions required by the independent Quality Control/Legal ReviewEnsure all documents to be recorded at county level are completed
  
   Record via E-File ORMail recording to county courthouse with appropriate recording paymentReview, 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 endorsementsDemonstrate knowledge and ability to analyze problems, make decisions, and take measured risks, using available dataCoach and mentor less experienced team membersWork as part of a team in a leadership capacityEnsure compliance with Northwest's policies and procedures, and Federal/State regulationsNavigate Microsoft Office Software, computer applications, and software specific to the department to maximize technology tools and gain efficiencyWork as part of a teamWork with on-site equipmentComplete other duties and special projects as requested by management Education + Experience preferred 
 Bachelor's degree in Business, Business Law, or Paralegal Program3-5 years of Commercial real estate lending experience3-5 years of loan closing and documentation function in law firm3-5 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 work from home day. INDEPENDENCE, OH* 6480 Rockside Woods Blvd S
 Suite 345
 Independence, OH 44131
 
 COLUMBUS, OH
 * HQ
 3 Easton Oval
 Columbus, OH 43219
 
 BUFFALO, NY
 * 375 Essjay Road
 Suite 100
 Buffalo, NY 14221
 
 MOUNT JOY, PA
 * 101 East Main Street
 Mount Joy, PA 17552
 
 WARREN, PA
 * 100 Liberty Street
 Warren, PA 16365
 
 ERIE, PA
 * 800 State Street
 Erie, PA 16501
 
 PITTSBURGH, PA
 * Bellevue
 532 Lincoln Avenue
 Bellevue, PA 15202
 
 * Pittsburgh Business Office
 525 William Penn Place
 Suite 3550
 Pittsburgh, PA 15222
 
 FISHERS, IN
 * 11 Municipal Drive
 Suite 150
 Fishers, IN 46037
 #LI-EK1 Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees. |