Live Oak Bank

Live Oak Bank

Post Closing Specialist

Wilmington, NC

Sponsorship not specified$27k-$44kDetected 6 days ago
Customer SupportCommunicationCollaborationAdaptabilityUnderwriting

About the role

  • Live Oak Bank is an Affirmative Action and Equal Opportunity Employer, Minorities/Women/Veterans/Disabled.
  • We consider applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, veteran status or disability.
  • Equal access to programs, service and employment is available to all persons.

Responsibilities

  • Develop the ability to mitigate risks and recommend appropriate actions to management
  • Collaborate with legal counsel and internal partners regarding closed loan documentation
  • Support the Head of Post-Closing & Insurance and/or the Post-Closing Managers with special projects such as checklist management, departmental manual updates, and technology initiatives
  • Partner across teams and departments to consistently produce highly accurate files and be seen as a reliable resource
  • Familiarity with loan agreements, security agreements, promissory notes, and collateral documents is essential

Requirements

  • Associates or Bachelor's Degree (or equivalent work experience in Post-Closing or similar role)
  • Customer service and/or a job that required teamwork
  • 1-2+ years Banking or legal real estate experience (closing, processing, lending, etc.)
  • Familiarity with SBA lending procedures
  • Ownership: Take initiative to deliver positive results by proactively and creatively solving problems, while maintaining a high degree of quality.

Nice to have

  • Familiarity with SBA lending procedures strongly preferred.
  • Preferred Experience

Compensation

  • may also include annual bonuses and long-term incentives, subject to various metrics and company policy.
  • A candidate's salary is determined by several factors including travel, relevant work experience or skills and expertise.
  • The base pay range for this position is $27.18 - $44.48 per hour.

Benefits

  • Review loans and/or collateral for accuracy, with a strong understanding of various loan products including USDA, FSA, Conventional, and SBA.

Company info

  • Live Oak Bank is a digital bank that serves small business owners across the country. Our groundbreaking spin on service and technology has fueled our mission to be America's Small Business Bank. Our products help customers buy, build, and expand their business, and our high-yield savings and CD products help them grow their hard-earned money. At Live Oak, we never lose sight of the well-being of our people. We believe our employees are the heart of our company. Our commitment to our customers and culture is intertwined, and we seek those who embody and embrace what it takes to empower the American dream.
  • How this role impacts Live Oak and its People
  • As a part of the Post-Closing department, the Post Closing Specialist will help the bank meet and exceed audit expectations for loan documentation and accuracy. The role is essential to maintaining the bank's safety and soundness objectives. The document intake and loan review process are critical steps of protecting the bank against losses, which in turn impacts profitability.
  • at Live Oak
  • Live Oak Bank is a digital bank that serves small business owners across the country.
  • Our groundbreaking spin on service and technology has fueled our mission to be America's Small Business Bank.
  • Our products help customers buy, build, and expand their business, and our high-yield savings and CD products help them grow their hard-earned money.
  • At Live Oak, we never lose sight of the well-being of our people.
  • We believe our employees are the heart of our company.
  • Our commitment to our customers and culture is intertwined, and we seek those who embody and embrace what it takes to empower the American dream.
  • As a part of the Post-Closing department, the Post Closing Specialist will help the bank meet and exceed audit expectations for loan documentation and accuracy.
  • The role is essential to maintaining the bank's safety and soundness objectives.
  • The document intake and loan review process are critical steps of protecting the bank against losses, which in turn impacts profitability.
  • Evaluate loan structures, understand complex problems, and identify trends

Equal opportunity

  • Those applicants requiring reasonable accommodation to the application and/or interview process should notify human resources at HumanResources@liveoak.bank.

This listing is sourced directly from Live Oak Bank's careers page and normalized into a canonical job model.