Commercial Loan Closer/Fundernew

Commercial Loan Closer/Funder Job Description: Reporting to the Commercial Support Manager, the Commercial Loan Closer/Funder is responsible for preparing commercial loan closing documents, validating loan readiness, and executing funding activities while ensuring compliance with all applicable laws, regulations, Chartway policies, and quality standards. Serving as the final quality checkpoint prior to funding, this role applies technical expertise and sound judgment to ensure commercial loans close accurately, collateral is properly perfected, and members and business partners receive a seamless closing experience. Responsible and Accountable for: • Communicate with the Commercial Lending Team regarding the status of closing requests and verify all information required to fund commercial loans. • Conduct the final review of commercial loan documentation to verify accuracy, completeness, regulatory compliance, and funding readiness prior to closing. Resolve documentation issues by coordinating with Commercial Loan Officers and Commercial Loan Processors to ensure all funding requirements have been satisfied. • Prepare commercial loan closing document packages that accurately reflect approved loan terms and documentation requirements. • Execute commercial loan funding and disbursement activities after validating documentation, funding requirements, collateral documentation, and all prior-to-close conditions have been satisfied. • Board newly funded commercial loans to the core system, ensuring complete, accurate, and timely loan records. • Balance loan transactions and process wire transfers accurately and within established service standards. • Complete post-closing responsibilities, including UCC filings, post-UCC searches, collateral perfection, account funding, and verification that all post-closing documentation requirements have been completed. • Ensure all documentation and funding activities conform to Chartway policies, procedures, regulatory requirements, and internal quality standards. • Provide backup support to the Commercial Loan Servicing Specialist as business needs require. • Perform other related responsibilities as assigned to support Commercial Operations.