Check with seller Sr Commercial Real Estate Loan Closer - MI, IL, WI, or MN Burr Ridge

  • Location: Burr Ridge, Illinois, United States


Sr Commercial Real Estate Loan Closer - MI, IL, WI, or MN(Job Number: 200744)

TCF Bank is currently seeking a Senior Commercial Real Estate Loan Closer. This role will actively lead the closing of commercial real estate, construction and corporate loans. Responsibilities include coordination of closing activities with all internal and external parties.


Major areas of accountability:

Responsible for commercial real estate, construction and corporate loans.
Performs due diligence collection and analysis of all closing items including and not limited to regulatory requirements.
Maintains the loan closing checklists to facilitate the closing process.
Ensures compliance with TCF Lending Policy and procedures. Reviews all attorney prepared documents for completeness and accuracy (in accordance with credit approval).
Works with SWAP department to finalize the coordination of loans containing SWAP features.
Collects of due diligence items including and not limited to flood, CIP/KYC, insurance and UBO.
Processes of fees by placing into proper GLs.
Administers the issuance of Domestic Letters of Credit.
Completes post-closing review of loans closed and ensures all outstanding items are received. Follows up on complete packages from law firms. Ensures follow up on document exceptions and clears in a timely manner.
Coordinates data entry of accurate information into loan system, processes loans and structures loan files for imaging into TCF’s system of record. Ensures that all financial statement and insurance ticklers are properly set up.
Reports status of loans in process and closed loans in a timely manner.

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