Commercial Closing Officer

**Popular Association Loan Closing Mgmt** ----------------------------------------- We are currently sourcing for a Commercial Closing Officer. This position will be responsible for closing due diligence and documentation of commercial loans in the Loan Documentation team in Popular Bank. **In this position, you will:** ------------------------------- * Receive and review requests for closing community association commercial loans * Be responsible for effectively processing a high volume of loan requests under minimum level of supervision, by obtaining, verifying, completing, and maintaining all necessary loan documentation. * Review and research lit/lien, and work with loan officer, bank counsel and credit to clear all exceptions. * Ensure that all formation documentation such as Articles of Incorporation, Certificates of Trust, Certificates of Good Standing, Corporate Resolutions, Bylaws etc., are included in the loan package, as applicable. * Review types of collateral being taken by the Bank, for appropriate documentation and to ensure Bank’s ability to perfect its position. * Update the Loan Closing Database and/or related applications to ensure all pre\-closing conditions, documentation, and requirements are met prior to funding. * Coordinate closings with Borrower’s attorney and Bank’s counsel. * Funding: Review loan documentation and prepare boarding package to ensure that all required documentation is signed and included. * Funding: Ensure the accuracy of wire instructions, obtain insurance certificates, verify holds, verify deposit account openings, obtain proof of UCC filing, and obtain any other documents as required. * Post\-Closing: Complete closing checklist, send Welcome Letter, and ensure that loan was properly entered following executed loan documents in FIS Portal. * Maintain a specialized knowledge of the documentation department’s function, terminology, policies and procedures, and related laws and regulations at the local, state, and