REGIONAL CLOSING COORDINATOR

 

WHAT IS THE OPPORTUNITY?The Regional Closing Manager (RCM) is the leader in the closing of the deal and a key member of the client team. They will coordinate due diligence activities within Loan Administration and will directly follow up with the client for scheduling, documents, and questions related to closing. The RCM will be the primary contact for outside attorneys and ensure all closing documents are ready for closing and that the deal is funded and boarded accurately. In addition, the RCM will be responsible for issuing the "Clear to Close" which is the signal that all conditions have been met to move the deal to closed and execute legal documents and then fund the transaction.The RCC is a key colleague in ensuring a positive onboarding experience for all our City National's clients. They also serve a critical role as a key control point to ensure the bank is following its policies and procedures.

 

WHAT WILL YOU DO?Work directly with client for all matters related to closing and include other internal partners as neededReview closing checklist for completionManage and communicate the closing timeline and dateDetermine if internal or attorney prepared documents are needed; engage attorneys if neededManage legal invoices if neededResponsible for issuing the “Clear to Close”Set up exceptions and approve trailing/ missing documentsPrior to closing, coordinate with Funding & Boarding to execute on funding instructionsConduct post-boarding review and work closely with post-close teams

 

WHAT DO YOU NEED TO SUCCEED?Required Qualifications*Bachelor's Degree or equivalentMinimum 5 years experience in Commercial Banking required.Previous experience as a Paralegal or part of Law Firm is preferred. Additional QualificationsClient facing presenceProject Management skills, ability to prioritize tasks and adapt to changing prioritiesOrganizational and time management skillsRecommended experience: Prior closing experience, paralegal (i.e., understand legal language and docs), credit experience or understanding of experienceUnderstanding of bank policies and procedures relating to the satisfaction of loan closing conditions, documents, and services
WHAT'S IN IT FOR YOU?CompensationStarting base salary: $44.28 - $75.42 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and PerksAt City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start dateGenerous 401(k) company matching contributionCareer Development through Tuition Reimbursement and other internal upskilling and training resourcesValued Time Away benefits including vacation, sick and volunteer timeSpecialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programsCareer Mobility support from a dedicated recruitment teamColleague Resource Groups to support networking and community engagement Get a more detailed look at our Benefits and Perks.
ABOUT USSince day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENTCity National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

*Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled. Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.