Posted 04/22/2025
Job Number: 12588

Senior Loan Closer

Arden Hills,, Minnesota Hybrid

Industry: Financial Services

Job Category: Finance

Job Type: Direct Hire

Salary: $60,000 - $90,000/Annually

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Job Description

A mission-driven nonprofit is seeking an experienced and detail-oriented Senior Loan Closer to lead the SBA 504 commercial loan closing process. This critical role is responsible for reviewing loan authorizations, compiling and preparing complex legal and financial documents, and coordinating all aspects of the closing process to ensure compliance with SBA regulations. As the lead closer, you will work closely with lenders, borrowers, attorneys, title companies, and the team to ensure smooth and timely transactions.

They are looking for a meticulous, organized professional with strong legal, title, or lending experience who enjoys managing multiple priorities, solving problems, and providing exceptional service to clients and team members alike.

Senior Loan Closer Responsibilities:

  • Lead and manage the SBA 504 loan closing process from start to finish
  • Review SBA loan authorizations and ensure compliance with all SBA guidelines
  • Collect, organize, and verify documentation from borrowers, attorneys, title companies, insurance providers, and more
  • Prepare detailed closing packages and schedule loan closings
  • Coordinate with loan officers on changes to loan structure or documentation
  • Ensure accurate and timely communication with all stakeholders
  • Finalize closings and submit documentation to SBA, attorneys, and servicing agents
  • Provide mentorship and support to the Closing Assistant and cross-train other team members
  • Maintain expert-level knowledge of SBA 504 and 7(a) lending guidelines

Senior Loan Closer Requirements:

  • 8+ years in a professional office setting, with experience in commercial lending, title, or as a paralegal
  • Proven experience managing loan closings or complex legal documentation processes
  • Exceptional organizational and communication skills
  • Strong problem-solving and critical-thinking abilities
  • Valid driver’s license and ability to travel to client sites as needed
  • Bachelor’s degree in Business, Finance, or related field is preferred
  • Paralegal certificate is a plus
  • Familiarity with SBA 504 or 7(a) loans

Benefits:

  • Competitive salary and a bonus
  • Comprehensive health benefits
  • 401(k) with 5% company match
  • Flexible work schedule
  • Generous PTO, vacation accruals, and paid holidays
  • Reimbursement for travel to trainings and conferences.
  • Newly renovated office with private offices and collaborative culture
  • Branded clothing allowance, team lunches, company events, and more!

If you’re looking to do meaningful work in a stable and growing organization—and you’re a pro at managing complex closings—this is the role for you. Apply now!

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Job ID: a0CUm00002Wf2z6MAB

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