Commercial Loan Closing Associate I
On-site · Chicago, Illinois, United States
Job Summary
Collaborate across teams to interpret loan documentation and support accurate setup and processing of new syndicated loan deals; coordinate principal and fee-related closing payments; gather and validate required documentation prior to closing in partnership with transaction coordinators and other stakeholders; manage and prioritize a pipeline of assigned transactions to meet closing timelines; reconcile and govern exception reporting for recently closed transactions; analyze amendments to agreements and/or deal structure changes and communicate impacts to account managers; provide accurate data while maintaining a low quality control error rate; escalate risks, issues, and timeline concerns early, with clear options and recommended actions
Required Qualifications
- 3 years of commercial loan operations experience, including reading and interpreting loan documentation
- Excellent oral and written communication skills
- Strong interpersonal skills and comfort engaging with clients and internal partners
- Solid working knowledge of Microsoft Office (Excel, Word, PowerPoint)
- Strong time management, organization, and prioritization skills
- Ability to work independently within a team environment
- Strong analytical, problem-solving, and decision-making skills
- A self-motivated, team-oriented mindset
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