Senior Associate, Loan Documentation & Closing Specialist

Discover Financial
Plano
Workplace: HybridFull timeUSD 80,800 - 92,200 annuallyFunction: Banking, Lending & CreditExperience: 3+ yearsEducation: certificationSkills: ["Customer service","Documentation expertise","Due diligence","Compliance awareness","Workload management"]

Coordinate commercial loan closings for small business clients by preparing, reviewing, and verifying loan documents in line with bank policy and regulatory requirements. Prepare complex documents using specialized platforms, conduct lien searches and due diligence, and resolve exceptions. Partner with underwriters, relationship managers, customers, attorneys, and title/insurance teams to ensure all closing conditions are met, while training junior associates and staying current on regulatory changes.

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Discover Financial
Discover Financial
4 hours ago

Senior Associate, Loan Documentation & Closing Specialist

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Last checked: 4 hours agoStatus: Live

Job Summary

Coordinate commercial loan closings for small business clients by preparing, reviewing, and verifying loan documents in line with bank policy and regulatory requirements. Prepare complex documents using specialized platforms, conduct lien searches and due diligence, and resolve exceptions. Partner with underwriters, relationship managers, customers, attorneys, and title/insurance teams to ensure all closing conditions are met, while training junior associates and staying current on regulatory changes.
Location: Plano
Workplace: Hybrid
Employment Type: Full time
Job Function: Banking, Lending & Credit
Seniority: Mid level

Key Responsibilities

  • •Coordinate loan closings by preparing and reviewing loan documents in accordance with bank policy and regulatory requirements.
  • •Prepare complex commercial loan documents for new loans, renewals, extensions, and modifications using in-house and third-party documentation software.
  • •Conduct lien searches and related due diligence tasks, including preparing lien perfection documents to protect the bank’s security interest.
  • •Review organizational documents, appraisals, surveys, flood determinations/policies, and other third-party documents for alignment with bank and/or SBA SOP standards.
  • •Coordinate closing conditions with underwriters, relationship managers, customers, agent banks, attorneys, title companies, and insurance agents; train less experienced associates.

Pay and Benefits

Salary: USD 80,800 - 92,200 annually

Key Requirements

  • •High School Diploma, GED, or equivalent certification.
  • •3+ years of experience in Microsoft Office or G Suite.
  • •3+ years of experience in Banking or Financial Services.
  • •3+ years of loan closing experience.
  • •3+ years of customer service experience in small business or commercial lending support.
Experience:3+ years
Education:Certification / Diploma
Skills:Customer serviceDocumentation expertiseDue diligenceCompliance awarenessWorkload management
Tech Stack:Microsoft OfficeG SuiteLaserProEtranWord templates

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Discover Financial
Provides consumer banking products, credit cards, personal loans, and payment services through the Discover brand. It operates a major U.S. financial network and serves individuals and merchants with lending and digital payment solutions.
Industry: Retail Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 10M to 25M
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Riverwoods, United States
Founded: 1985
WebsiteLinkedIn