Commercial Loan Closing Specialist

Position:Commercial Loan Closing SpecialistLocation:330 Rush Alleysuite 500Columbus, OHJob Id:964# of Openings:1Formed in 1934, Telhio began as a credit union for Columbus Telephone Company (now AT&T) employees. Telhio now serves over 70,000 member-owners throughout central and southwest Ohio. As one of the largest credit unions in Ohio, Telhio is a strong financial institution that continues to serve its members through extraordinary service, innovative financial solutions and community involvement. After generations of service and growth, we never lose focus of our three core values - Caring, Commitment, and Integrity.Position Summary:The Commercial Loan Closing Specialist, coordinates the daily administrative function of the Business Services department. In this role, the Commercial Loan Closing Specialist is responsible for loan documentation, administration of loan files, procuring third party work, and conducting pre-close quality control for all business loans including but not limited to commercial real estate, commercial & industrial, lines of credit, and government guaranteed loans. The Commercial Loan Closing Specialist shall also be responsible for business member services, escalated issues and correspondence. Additional responsibilities may include attending community events as a representative of the business service team supporting the department's lending officer and department head.Responsibilities:Workflow Management:Responsible for assigned loan files from approval through closing.Coordinate due diligence with all third-party professionals.Facilitate Greeting Meetings with Loan Officer.Create and review loan documentation for accuracy and completeness.Ensure all approval conditions are satisfied.Ensure loan file documents are stacked in proper order.Due Diligence Responsibilities:Order title search/commitment.Order appraisals.Order environmental municate with legal counsel.Allocate fees and costs correctly.Verify wires, while following all applicable policies.Document Preparation:Create documents using LaserPro, in accordance with Telhio's Credit policy and SBA SOP.Documents may include full loan packages, changes in terms, and other miscellaneous servicing requests.Create checklists to accompany each closing package.Quality Control:Complete pre-closing QC checklist for self or other members of the team.Ensure all Sageworks tasks are completedVerify all documentation is filed appropriately in Sageworks and in J drive.Performs other duties as assignedComplies with all policies and standardsQualifications:High School Diploma or equivalent RequiredBachelor's Degree Business Administration, Finance or Accounting Preferred1-3 years Commercial Loan Processing Required1-3 years Commercial Post Closing experience Required1-3 years Experience with Sageworks / Abrigo Commercial Loan System PreferredKnowledge of SBA Standard Operations Procedures Knowledge SBA Loan Policy and Products (Low proficiency)Ability to read and understand bank, financial statement and tax return documents (Medium proficiency)Decision making skills (Medium proficiency)What you will earn:Competitive salaryOpportunity to earn incentive and bonusBenefits: several medical plan options, dental, free vision, free life and free disability insuranceAdditional financial incentive programs for employees enrolled in our insurance6% matching and immediately vested 401(k) planGenerous schedule for 14 paid holidays, vacation and personal time for a healthy work-life balanceOpportunity for personal career growth, continu

Created: 2025-11-25