Loan Operations Commercial Real Estate Loan Closer

Texas Capital Bancshares - Dallas, TX

Full-time - Mid Level

Dallas, TX

Management of Companies and Enterprises

About the position

The Loan Operations Commercial Real Estate Loan Closer is responsible for ensuring that all commercial real estate loans originated at Texas Capital Bank are closed in accordance with loan approvals and the bank's credit policy requirements. This role involves collecting and reviewing due diligence, coordinating with various stakeholders, and managing the closing and funding activities throughout the loan cycle, serving as the primary point of contact during the loan origination process.

Responsibilities

• Manage and lead the coordination of commercial real estate loan closings from term sheet to initial funding and booking, including complex credits such as participations and syndications.
• Review loan documentation against formal credit approval and ensure compliance with bank, federal, and state policies as well as legal standards.
• Analyze due diligence required to close a commercial real estate loan, including entity documentation, flood determinations, appraisals, environmental reports, insurance, title, survey, budgets, and construction-related documentation.
• Book closed loans to ACBS, the loan system of record.
• Manage post-closing requirements, including weekly past due and maturing loan reports.
• Obtain and transmit original loan documents and review and clear all loan collateral exceptions.
• Assist Relationship Managers with processing renewals and modifications on applicable loans in the commercial real estate portfolio.
• Act as a liaison with various internal business partners to facilitate account openings, client on-boardings, loan fundings, and maintenance.
• Establish and maintain effective relationships with customers, business partners, and team members to ensure an exceptional client experience.
• Assist management with various operational duties and responsibilities.
• Assist with special projects as necessary.

Requirements

• Minimum 5 years commercial real estate loan closing experience.
• Ability to manage multiple loans simultaneously to meet critical closing deadlines.
• Prior commercial loan closing experience, including due diligence requirements around commercial collateral and entity documentation.
• Demonstrated expertise in reviewing and interpreting all types of loan documentation and lien perfection for attorney and internally prepared documents.
• Ability to interface effectively and build positive working relationships with executive management, clients, attorneys, title companies, and third-party consultants.

Nice-to-haves

• Degree preferred, but commensurate work experience will be strongly considered.
• ACBS system knowledge.

Benefits

• Health insurance coverage
• Wellness program
• Fertility and family building aids
• Life and disability insurance
• Retirement savings plans with a generous 401K match
• Paid leave programs
• Paid holidays
• Paid time off (PTO)