Commercial Operations Loan Closer
Listed on 2026-03-02
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Finance & Banking
Loan Servicing, Banking & Finance
Our client, a financial services organization specializing in commercial lending, is seeking a dedicated and detail‑oriented Commercial Operations Loan Closer to join their team. As a Commercial Operations Loan Closer, you will be an integral part of the Business Banking Operations department supporting the loan closing process. The ideal candidate will demonstrate strong organizational skills, excellent communication abilities, and a meticulous attention to detail, which will align successfully within the organization.
Job Title: Commercial Operations Loan Closer Location: Johnston, RI (Onsite)Duration: 3 months with the possibility of extension/conversion Pay Range: $26/hr on W2
Service small to midsize service clients, for Loans. Once loan is approved come to this team and moved to the loan closer. The closer manages pipeline of deal (15‑30), become familiar with terms of approval, how many borrowers, conditions that need to be satisfied, get the loan to the closing table. Working with Loan officers (relationship managers), credit partners, attorneys, real estate companies, insurance companies.
Works with all parties to determine a close date. Create loan documentation. Once closing has taken place, the documents come back to the closer and they will need to process the loan in the accounting system. Commercial exp is a big plus, lending background nice to have. Attention to details, organizational skills. Start interviewing ASAP to get someone started ASAP, potentially 2 rounds but may try to keep it to 1 round for this role – prefer in person interviews, at minimum Teams video.
the Job?
- Manage a pipeline of 15‑30 loan transactions, ensuring timely and accurate closing procedures.
- Collaborate with loan officers, credit partners, attorneys, and third‑party vendors to clear pre‑closing conditions.
- Prepare and review all loan documentation, ensuring compliance with bank policies and federal regulations.
- Book loans into the accounting system accurately and perform post‑closing reconciliation.
- Monitor operational risk components and ensure all conditions are satisfied prior to funding or closing loans.
- High school diploma or equivalent; an associate’s degree or higher is preferred.
- 1‑3 years of experience in a commercial or business lending environment.
- Strong organizational skills and attention to detail.
- Excellent verbal and written communication skills.
- Experience with loan documentation, credit agreements, and collateral is a plus.
- Opportunity to work in a dynamic and supportive team environment.
- Engage in meaningful work supporting small to midsize business clients.
- Gain valuable experience in commercial lending operations.
- Potential for extension or permanent placement based on performance.
- Work in a role that values diversity, inclusion, and professional growth.
- Medical
- Dental Plan
- Vision Plan
- 401(k)
- Weekly Pay
If this is a role that interests you and you'd like to learn more, click apply now and a recruiter will be in touch with you to discuss this great opportunity. We look forward to speaking with you!
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