Formed in 1934, Telhio began as a credit union for Columbus Telephone Company (now AT&T) employees. Telhio now serves over 70,000 member-owners throughout central and southwest Ohio. As one of the largest credit unions in Ohio, Telhio is a strong financial institution that continues to serve its members through extraordinary service, innovative financial solutions and community involvement. After generations of service and growth, we never lose focus of our three core values - Caring, Commitment, and Integrity.
Position Summary:
The Commercial Loan Closing Specialist coordinates the daily administrative function of the Business Services department. In this role, the Commercial Loan Closing Specialist is responsible for loan documentation, administration of loan files, procuring third party work, and conducting pre-close quality control for all business loans including but not limited to commercial real estate, commercial & industrial, lines of credit, and government guaranteed loans. The Commercial Loan Closing Specialist shall also be responsible for business member services, escalated issues and correspondence. Additional responsibilities may include attending community events as a representative of the business service team supporting the department's lending officer and department head.
Responsibilities:
Workflow Management:
- Responsible for assigned loan files from approval through closing.
- Coordinate due diligence with all third-party professionals.
- Facilitate Greeting Meetings with Loan Officer.
- Create and review loan documentation for accuracy and completeness.
- Ensure all approval conditions are satisfied.
- Ensure loan file documents are stacked in proper order.
Due Diligence Responsibilities:
- Order title search/commitment.
- Order appraisals.
- Order environmental reports.
- Communicate with legal counsel.
- Allocate fees and costs correctly.
- Verify wires, while following all applicable policies.
Document Preparation:
- Create documents using LaserPro, in accordance with Telhio's Credit policy and SBA SOP.
- Documents may include full loan packages, changes in terms, and other miscellaneous servicing requests.
- Create checklists to accompany each closing package.
Quality Control:
- Complete pre-closing QC checklist for self or other members of the team.
- Ensure all Sageworks tasks are completed
- Verify all documentation is filed appropriately in Sageworks and in J drive.
- Performs other duties as assigned
- Complies with all policies and standards
Qualifications:
- High School Diploma or equivalent Required
- Bachelor's Degree Business Administration, Finance or Accounting Preferred
- 1-3 years Commercial Loan Processing Required
- 1-3 years Commercial Post Closing experience Required
- 1-3 years Experience with Sageworks / Abrigo Commercial Loan System Preferred
- Knowledge of SBA Standard Operations Procedures Knowledge SBA Loan Policy and Products
- Ability to read and understand bank, financial statement and tax return documents
- Decision making skills
What you will earn:
- Competitive salary
- Opportunity to earn incentive pay
- Benefits: several medical plan options, dental, free vision, free life and free disability insurance
- Additional financial incentive programs for employees enrolled in our insurance
- 6% matching and immediately vested 401(k) plan
- Generous schedule for 14 paid holidays, vacation and personal time for a healthy work-life balance
- Opportunity for personal career growth, continued education and mentorship programs
- Volunteer opportunities impacting the local community
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, you will need to have good manual dexterity as well as speaking and hearing ability. This position requires sitting; some reaching; standing; some stooping or kneeling. The employee must occasionally lift and move up to 50 pounds. It is expected that the employee will read, compile, compute and record numerical and statistical data. Must drive occasionally.
This is a Non-Collective Bargaining Unit
Telhio is an Equal Opportunity Employer
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Telhio Credit Union
paid holidays, 401(k)
Jul 21, 2025 