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Commercial Closing Officer

Banco Popular Puerto Rico • Miami Lakes, FL • 2h ago

Date: Jul 3, 2026

Location:

Miami Lakes, FL, US, 33016

Company: Popular

Workplace Type: Hybrid

Commercial Closing Officer

Popular Association Loan Closing Mgmt

We are currently sourcing for a Commercial Closing Officer. This position will be responsible for closing due diligence and documentation of commercial loans in the Loan Documentation team in Popular Bank.

In this position, you will:

Receive and review requests for closing community association commercial loans

Be responsible for effectively processing a high volume of loan requests under minimum level of supervision, by obtaining, verifying, completing, and maintaining all necessary loan documentation.

Review and research lit/lien, and work with loan officer, bank counsel and credit to clear all exceptions.

Ensure that all formation documentation such as Articles of Incorporation, Certificates of Trust, Certificates of Good Standing, Corporate Resolutions, Bylaws etc., are included in the loan package, as applicable.

Review @types of collateral being taken by the Bank, for appropriate documentation and to ensure Bank's ability to perfect its position.

Update the Loan Closing Database and/or related applications to ensure all pre-closing conditions, documentation, and requirements are met prior to funding.

Coordinate closings with Borrower's attorney and Bank's counsel.

Funding: Review loan documentation and prepare boarding package to ensure that all required documentation is signed and included.

Funding: Ensure the accuracy of wire instructions, obtain insurance certificates, verify holds, verify deposit account openings, obtain proof of UCC filing, and obtain any other documents as required.

Post-Closing: Complete closing checklist, send Welcome Letter, and ensure that loan was properly entered following executed loan documents in FIS Portal.

Maintain a specialized knowledge of the documentation department's function, terminology, policies and procedures, and related laws and regulations at the local, state, and federal levels.

Additional duties and responsibilties may be assigned as needed to support department operations.

To be considered, you will need:

Strong analytical/math skills to identify and resolve problems. Strong understanding of loan documents.

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To provide service excellence by identifying key client business issues, determining client needs by supplementing the standard assessment techniques and tools with innovative approaches, evaluating and validating analysis and developing recommendations for the business

Strong oral and written communication skills including presentation skills

Detail-oriented and able to take initiative in owning multiple projects

Proficiency with Microsoft Office

High school diploma or general education degree (GED) with a minimum 2 to 4 years prior commercial lending experience in a high volume closing unit is required

Metavante/FIS IBS Insight experience is highly preferred

Important:The candidate must provide evidence of academic preparation or courses related to the job posting, if necessary.

Our hybrid work model benefit applies to certain positions and is subject to changes based on the organizational needs.

Applicants must be authorized to work for any employer in the United States. This position is not open to applicants who need visa sponsorship or transfer of visa sponsorship at this time.

ABOUT US

Popular is Puerto Rico's leading financial institution and have been evolving since it was founded over a century ago. From a small bank it has developed into a large corporation that offer a wide variety of services and financial solutions to our customers, with presence in the United States, the Caribbean and Latin America.

As employees, we are dedicated to making our customers dreams come true by offering financial solutions in each stage of their life. Our extensive trajectory demonstrates the resiliency and determination of our employees to innovate, reach for the right solutions and strongly support the communities we serve; therefore, we value their diverse skills, experiences and backgrounds.

We reaffirm our commitment to always offer essential financial services and solutions for our customers and communities, including during emergency situations and/or natural disasters. Popular's employees are considered essential workers, whose role is critical in the continuity of these important services even under such circumstances. By applying to this position, you acknowledge that Popular may require your services during and immediately after any such events.

If you have a disability or need more information about requesting an accommodation, please contact us atasesorialaboral@popular.com.This email inbox is monitored for such @types of requestsonly. All information you provide will be kept confidential and will be used only to the extent required to provide needed exemptions or reasonable accommodations. Any other correspondence will not receive a response.

Are you ready for a rewarding career?

Popular is an Equal Opportunity Employer, including Disability/Vets

Popular is a Drug Free Workplace

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