Loan Closing Specialist

Job Description

This is a loan closing position responsible for coordinating document flow and loan closings for a growing portfolio of secured solar loans with a stable Fortune 500 utility company located in New Jersey. The successful candidate must be familiar with closing residential and commercial loans and must work well in a fast-paced environment.

Key Duties

·Communicate with loan customers as to closing procedures and answer customer generated questions and interact regularly with state agencies, legal department, and solar contractors.

·Coordinate document flow and gather due diligence from closing attorney, borrowers and solar contractors

·Review documentation received, solar technical data and site inspection reports for accuracy

·Schedule loan closings with borrower

·Calculate final loan amount based upon solar technical data and loan commitment amount.

·Prepare funding information sheets detailing wiring information and disbursal of loan proceeds

·Coordinate with Accounts Payable to process loan disbursals

·Organize closing documentation, files and records

Essential Qualifications:

·Bachelor's degree or equivalent experience.

·Minimum of 3 years of loan processing and/or loan closing experience

·Knowledge of, or ability to learn quickly, the technical aspect of solar system production

·Experience with records and file management

·Strong computer skills; in-depth knowledge of MS Office (Word, Excel) and SharePoint

Desired:

·Basic knowledge of NJ SREC market

·Previous experience working in the solar industry with familiarity with technical aspects of solar system generation

Manager Must have

·Documentation reading

·Loan closing residential/commercial

·SharePoint, power point, Excel preferred

·Solar or utility exp preferred