Loan Closing Officer at First Horizon National Corporation in New Orleans, LA
Responsible for working independently on complex issues, while exhibiting a solid understanding of loan documentation and closing procedures; corroborates with attorneys in reviewing loan documentation to reduce bank risk and ensure completeness and accuracy of all documents; ensures that all necessary documents and cancellation of documents have been filed within the proper agencies, (i.e. Clerk of Court, Coast Guard, and DMV). Produces Laser Pro documentation for in house closings, reviews collateral to ensure adequate insurance is obtained. Has authority to inform appropriate personnel that the loan cannot be closed until certain documents, authority, or insurance is received to ensure the loan is closed in accordance to the approval and the bank is adequately protected and collateral is perfected. Review all necessary loan documents, and work with outside counsel to ensure that all required documents are complete and accurate Ensure adequate approval authority is obtained prior to closings Identify and perform necessary pre-closing lien search duties Ensure adequate insurance is obtained prior to closing. Confirm and verify all collateral values, i.e. stocks (if lost or stolen), agings, appraisals etc Determine when documentation is in place and acceptable for closing a loan; at times may have to inform the appropriate personnel that loan cannot be closed until certain documents to protect the bank's position are obtained Assess the loan documentation relative to policy to determine if there is an exception. Review existing documentation for loan relationship with Bank for renewals and increases Coordinate the preparation of necessary documents not produced by Laser Pro Produce Laser Pro documents for in house closings. Confirm that necessary documents and cancellation of documents have been filed with the proper record guardians, (i.e. Clerk of Court, Dept. of Motor Vehicles, etc.) Address and clear any collateral exceptions issued on loans closed Assist in other duties and special projects as requested Performs all other duties as assigned Requirements High school diploma or GED and 7-10 years of experience or equivalent combination of education and experience Experience with MS Office Suite
Salary Range:
$80K -- $100K
Minimum Qualification
Banking, Loans & InsuranceEstimated Salary: $20 to $28 per hour based on qualifications.
Salary Range:
$80K -- $100K
Minimum Qualification
Banking, Loans & InsuranceEstimated Salary: $20 to $28 per hour based on qualifications.
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