Commercial Loan Closer III - CRE

What makes Peapack Private different from our competition? We are an institution that's over 100 years old that has always believed in putting the well-being and needs of our employees and our clients first.

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Our one-team culture goes to great lengths to show all employees that they are valued members of the team.

We treat each other as family, and as such, communicate throughout the Bank in a transparent and frequent manner, respect and value feedback from all levels and operate with a philosophy of hospitality and general human kindness.

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Said quite simply, the culture is amazing!

Position Summary

Lead the closing process for all loan products supported by the Commercial Real Estate (CRE) line of business.

A CRE Loan Closer manages the loan closing process, ensuring all pre- and post-closing documentation is accurate and compliant with regulatory and internal policies.

Commercial Loan Closer III may close agented or participated transactions, secondary market trades, letters of credit and/or construction loans.

The position is responsible for maintaining the highest quality service to clients, prospects, as well as internal partners, ensuring the accuracy of client account administrative activities and developing collaborative relationships with clients.

Responsibilities


* Document Management - Prepare, review, and organize all commercial loan documentation, ensuring accuracy and completeness.

Execute a prudent closing process for all loan products including new loans, amendments, extensions, modifications, and renewals.

Prepare, review, and approve the closing package and settlement statement.

Review legal documents for completeness and accuracy.


* Compliance - Evaluate all closing documentation to ensure all pre-closing conditions and issues have been appropriately identified and accurately addressed.

Confirm KYC and CIP have been completed.

Maintain ongoing awareness of all legal and regulatory changes that may affect closing procedure.


* Due Diligence - Order and review required due diligence items such as title commitments, flood determinations, UCC searches, environmental assessments, and proof of insurance.


* Coordination - Act as a liaison between borrowers, attorneys, relationship managers, and internal teams to facilitate a smooth and timely closing process.

Act...