Commercial Loan Closer at New Horizon Bank - National Association

Richmond, Virginia, United States -

Full Time

Start Date

Immediate

Expiry Date

29 Sep, 26

Salary

0.0

Posted On

01 Jul, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Commercial Loan Closing, Loan Documentation, Due Diligence, Compliance, Transaction Coordination, Collateral Perfection, UCC Filings, CRE Lending, C&I Lending, Construction Loans, Loan Operations, Legal Coordination

Industry

Banking

Description

Description At New Horizon, we're building a bank that runs on grit, speed, and execution. We move fast, challenge assumptions, and obsess over doing things better—for our clients and for each other. This isn't a place for red tape; it's a place for builders. From product design to client experience to operations, we're constantly pushing for sharper thinking and smarter solutions. Our team is made up of passionate individuals who share a relentless drive to enhance our services and deliver exceptional experiences. If you're energized by momentum, motivated by results, and excited to help build the future of banking, you'll feel right at home here. Position Summary: The Commercial Loan Closer is responsible for coordinating and finalizing commercial loan transactions, ensuring all documentation is complete, accurate, and compliant with internal policies, legal requirements, and regulatory standards. This role serves as the central point of contact among lenders, borrowers, attorneys, title companies, and internal teams to ensure a smooth and timely closing process. Requirements Loan Closing & Documentation · Prepare, review, and finalize commercial loan closing packages, including promissory notes, loan agreements, guarantees, deeds of trust, security agreements, and related documents · Ensure all required approvals, conditions, and covenants are satisfied prior to closing · Coordinate with legal counsel on complex loan structures and documentation Transaction Coordination · Act as liaison between lenders, legal, title companies, and borrowers Due Diligence & Compliance · Verify completion of due diligence items (e.g., title commitments, insurance, appraisals, UCC searches) · Ensure compliance with internal credit policies and regulatory requirements · Confirm proper execution of documents, including notarization where required Funding & Post-Closing · Manage post-closing follow-up, including document tracking and trailing items · Maintain accurate loan files for audit and compliance review Required Qualifications: · Bachelor’s degree in Finance, Business Administration, or related field (or equivalent experience) · 2–5+ years of experience in commercial loan closing, loan operations, or banking · Strong knowledge of commercial lending products (CRE, C&I, construction loans) · Familiarity with loan documentation and closing procedures Preferred Qualifications: · Experience working with attorneys, title companies, and external vendors · Knowledge of UCC filings, collateral perfection, and lien priorities · Experience with loan systems (e.g., nCino, LaserPro, Baker Hill, or similar) Work Environment: · Typically office-based or hybrid role within a financial institution or lending organization · May require occasional extended hours to meet closing deadlines

Responsibilities

The Commercial Loan Closer coordinates and finalizes commercial loan transactions by ensuring all documentation is accurate and compliant. They act as the primary liaison between lenders, borrowers, attorneys, and title companies to ensure a smooth closing process.