Loan Closing Officer

VEDA is seeking to hire a full-time Loan Closing Officer whose primary responsibilities will be to prepare all agricultural, commercial and SBA loan documents for all VEDA loan programs; and conduct closings and maintenance of closing documentation; and project related duties. 

VEDA’s Loan Closing Officers are members of VEDA’s Closing Department, working under the supervision of the Director of Closing.

 

Essential Job Functions
  • Reviews loan approvals and commitment letter in preparation of loan documents.
  • Reviews real estate and personal property opinions, title insurance, corporate evidence, leases, contracts, insurance and permits provided by legal counsel and others.
  • Communicates and coordinates with all parties in each transaction, schedules and attends loan closings.
  • Provides assistance to attorneys, loan officers, borrowers and other lenders daily.
  • Drafts documentation for certain Other Business requests to aid Servicing Department when necessary, i.e. consolidations and assumptions from other lenders.
  • Maintains escrow accounts and disburses funds in a timely manner.  
  • Inputs information in accounting and document management databases.
Education/Experience
  • 7-10 years of experience within a legal setting; specialized paralegal and financial institution experience is preferred.
Knowledge/Skills/Abilities
  • High-level of accuracy and attention to detail, proofing for content, grammar, spelling and typographical errors.
  • Strong written, verbal and visual communication skills.
  • Ability to multitask, prioritize, and perform under tight deadlines.
  • Knowledge of sound, effective loan closing/processing techniques.
  • Ability to effectively utilize Microsoft Word/Outlook/Excel software.
  • Ability to learn and maintain accounting and document management applications.
  • Proactive and self-motivated.
  • Ability to work effectively within a team.

Working conditions are in a standard office environment. The successful applicant must exhibit a desire to innovate, learn new tasks, and accept a changing and evolving workload.

VEDA offers a competitive salary and benefits package and is an Equal Opportunity Provider and Employer.

Please email resume to:

Heidi van Gulden
Director of Closing
Vermont Economic Development Authority
hvangulden@veda.org