Closing Officer

Popular Association Loan Closing Mgmt

The Closing Officer coordinates and performs closing of commercial loans. Ensures required documentation, terms and conditions meet compliance requirements. Schedules loan closing and compiles and types closing documents by performing the following duties.

In this position, you will:

Review approved mortgage loans to determine conditions that must be met prior to closing, such as purchase of private mortgage insurance.
Call borrower, real estate broker, and title company to request specified documents, such as receipt for payment of outstanding tax bill.
Verify accuracy and consistency of specifications on documents, such as title abstract and insurance forms.
Call borrower, broker, and other specified individuals to arrange time and date for closing.
Answer questions regarding closing requirements.
Enter numbers and calculate loan interest and principal payment, and closing costs.
Type closing documents. Assemble documents for delivery to title company, real estate broker, or lending officer for closing.
Record loan information in log and on government reporting forms.
Compile closed loan forms for delivery to marketing department for sale to investors.

To be considered, you will need:

Bachelor's degree (B. A.) in Business Administration from four year college or university;
One to two years related experience and/or training; or equivalent combination of education and experience.
Knowledge of one or more of the following: Commercial and consumer credit regulations, policies, and procedures; Loan analysis, restructuring, and documentation; Collection Techniques and Structure financing analysis.

Important: The candidate must provide evidence of academic preparation or courses related to the job posting, if necessary.

ABOUT US

Popular is Puerto Rico’s leading financial institution and have been evolving since it was founded over a century ago. From a small bank it has developed into a large corporation that offer a wide variety of services and financial solutions to our customers, with presence in the United States, the Caribbean and Latin America.

As employees, we are dedicated to making our customers dreams come true by offering financial solutions in each stage of their life. Our extensive trajectory demonstrates the resiliency and determination of our employees to innovate, reach for the right solutions and strongly support the communities we serve; therefore, we value their diverse skills, experiences and backgrounds.

We reaffirm our commitment to always offer essential financial services and solutions for our customers and communities, including during emergency situations and/or natural disasters. Popular’s employees are considered essential workers, whose role is critical in the continuity of these important services even under such circumstances. By applying to this position, you acknowledge that Popular may require your services during and immediately after any such events.

If you have a disability or need more information about requesting an accommodation, please contact us at asesorialaboral@popular.com. This email inbox is monitored for such types of requests only. All information you provide will be kept confidential and will be used only to the extent required to provide needed exemptions or reasonable accommodations. Any other correspondence will not receive a response.

Are you ready for a rewarding career?

Popular is an Equal Opportunity Employer
Learn more about us at www.popular.com and keep updated with our latest job postings at www.jobs.popular.com.
Connect with us!
LinkedIn | Facebook | Twitter | Instagram

If you are a California resident, please click here to learn more about your privacy rights.