Regional Closing Manager

City National Bank • Los Angeles, CA • 8h ago

*REGIONAL CLOSING MANAGER

4 Days in Office, CNB Hub - *California: Irvine, La Jolla, Los Angeles, San Diego, San Francisco or New York, NY.

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 needed

Review closing checklist for completion

Manage and communicate the closing timeline and date

Determine if internal or attorney prepared documents are needed; engage attorneys if needed

Manage legal invoices if needed

Responsible for issuing the "Clear to Close"

Set up exceptions and approve trailing/ missing documents

Prior to closing, coordinate with Funding & Boarding to execute on funding instructions

Conduct post-boarding review and work closely with post-close teams

WHAT DO YOU NEED TO SUCCEED?

Required Qualifications

Bachelor's Degree or equivalent

Minimum 5 years experience in Commercial Banking required.

Previous experience as a Paralegal or part of Law Firm is preferred.

Additional Qualifications

Client facing presence

Project Management skills, ability to prioritize tasks and adapt to changing priorities

Organizational and time management skills

Recommended experience: Prior closing experience, paralegal (i.e., understand legal language and docs), credit experience or understanding of experience

Understanding 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 Perks

At 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 date

Generous 401(k) company matching contribution

Career Development through Tuition Reimbursement and other internal upskilling and training resources

Valued Time Away benefits including vacation, sick and volunteer time

Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs

Career Mobility support from a dedicated recruitment team

Colleague Resource Groups to support networking and community engagement

Get a more detailed look at our https://careers.cnb.com/benefits.

ABOUT US

Since 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 https://www.cnb.com/about-us.html.

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