First Republic Bank

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Loan Closing Specialist, Residential Lending

Loan Closing Specialist, Residential Lending

Job Locations 
US-CA-San Francisco

More information about this job


First Republic Bank is looking for a skilled lending professional to join our Residential Closing Operations team.  As a Residential Closing Specialist, you will be primarily responsible for the accurate and complete preparation of loan closing documentation and timely funding for Single Family 1-4 residential loans for either East or West coast closings.  You will manage both the closing and funding functions in an environment of constantly changing deadlines without losing required high level of accuracy and production. You will also make recommendations for job-specific operational improvements, such as efficiency, cost reduction, customer service and risk reduction.



Additionally, you will be required to:

  • Prepare and review loan closing and funding documentation in an accurate and timely manner for a range ofSFR 1-4 loan products:
    • Modestly complex borrower entities
    • Detached, condo and co-op property types
    • Permanent and line of credit purposes
  • Work with internal business partners at various levels to research and resolve transaction concerns.
  • Complete all internal funding documentation and distribute to appropriate departments.
  • Maintain current knowledge of lending products, services, systems, and processes in order to provide expert and up-to-date client service.
  • Recognize issues that demand escalation, determine the appropriate Bank contact, and act as liaison between the client and relevant group(s) in order to successfully resolve issues.
  • Perform duties and responsibilities specific to department functions and activities or as assigned by supervisor.
  • Responsibilities include the following: 1) adhering to and complying with all applicable, federal and state laws, regulations and guidance, including those related to Anti-Money Laundering (i.e. Bank Secrecy Act, USA PATRIOT Act, etc.), 2) adhering to Bank policies and procedures, 3) completing required training, 4) identifying and reporting potential suspicious activity to the BSA/AML Officer, and 5) knowing and verifying the identity of any customer(s) that enters into a relationship with the Bank.


  • High school diploma and one to two years of experience in the banking industry.
  • Experience with loan documentation or related loan operations functions.
  • Ability to work with internal business partners and Lending Services staff at various level to research and resolve transaction concerns.
  • Verbal and written interaction on items including basic loan information or scripted responses to obtain a successful resolution.
  • Proactive individual able to operate efficiently in a fast paced environment.
  • Quick learner and ability to manage multiple priorities.
  • Proven ability to work under pressure and meet strict deadlines.
  • Excellent verbal and written communication skills.
  • Ability to succeed in a team-oriented work environment.
  • Demonstrated skills in organization and strong attention to detail.
  • Intermediate knowledge of Microsoft Office Suite (Outlook, Word, Excel, Visio, PowerPoint).
  • Additional work experience with an emphasis on customer service preferred.
  • Experience with PowerLender, TotalPlus ML and/or IL applications, a plus.
  • Furthers the First Republic Bank culture and values.



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