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Commercial Loan Closing Specialist

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Raymond James

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Location:
United States , Pittsburgh

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Category:
Banking

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Contract Type:
Not provided

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Salary:

Not provided
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Job Description:

The Commercial Loan Closing Specialist coordinates the loan closing process for new loans and modifications to existing loans within the C&I and CRE portfolio.

Job Responsibility:

  • Manage financial transactions, prepare performance reports, handle complex finance administration projects, and reconcile accounts
  • Coordinate the loan closing process for new loans and modifications to existing loans within the C&I and CRE portfolio
  • Perform necessary due diligence (i.e. flood work, engaging inspectors & environmental engineers, review of insurance)
  • Review loan approvals and draft documents
  • Ensure all closing conditions have been met and schedule closings
  • Liaise with Bank Counsel to review complex loan documents
  • Participate actively in deal closing calls that include internal and external deal team members and counsel
  • Ensure documentation accurately reflect the conditions and structure set forth in the credit approval
  • Work with Relationship Manager/Underwriter to understand the transaction and make sure that all relevant documentation and necessary due diligence is obtained
  • Prepare funding requests and ensure accurate and complete funding information to ensure a timely closing
  • Resolve post-closing loan requirements and clear exceptions
  • Job may require additional hours of work during peak periods to meet service levels

Requirements:

  • Post-secondary degree preferred
  • Minimum 4 years of experience, including 2 years of bank operations processing, loan closings or related experience
  • Commercial Real Estate experience
  • Demonstrated knowledge of loan documentation and lending regulations and ability to effectively interface with customers, internal and external counsel, compliance, credit, title companies, inspectors, insurance companies and other external contacts
  • Must demonstrate strong follow-up skills and the ability to prioritize tasks effectively
  • Bachelor’s: Accounting, Bachelor’s: Business Administration, Bachelor’s: Finance
  • General Experience - 7 to 12 months

Additional Information:

Job Posted:
March 12, 2026

Employment Type:
Fulltime
Work Type:
On-site work
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