Post Closing Specialist (On-site)

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Chicago, IL
1-3 Years Experience
Fintech • Payments • Financial Services
The Role

The Post-Closing Coordinator will be responsible for auditing closed loan packages and collateral documents to ensure bank's security interest and adherence to established policies and procedures.

  • Receive UPS/FEDEX packages daily from various branch locations, Title Companies, Law Firms, etc.
  • Review consumer, commercial and other types of loan packages for original document and log them into department data base.
  • Complete Post Closing Checklist review to verify all original documents are received.
  • Image documents received into banks software, and update exceptions for missing/trailing documents.
  • Prepare collateral file labels for new loans reviewed.
  • Organize and release customer purchased tax certificates and floor plan titles.
  • Maintains exception tracking report and works with lending staff to resolve exceptions.
  • Monitor and process all collateral requests via the Post Loan Closing Group email address.
  • Issue releases of collateral on previous paid legacy loans, current paid loans or as directed by lending staff.
  • Process paid loans and prepare closing/release package to mail to customers.
  • Add and update paid loan data on tracking spreadsheet.
  • Provide release/paid documents to 3rd party mortgage servicing vendor (Dovenmuehle).
  • Audit loan files to determine if they can be pledged to the FRB or FHLB. Maintain required documentation to ensure compliance to regulations and audit requirements.
  • File UCC filings, and record trailing documents (mortgages, AOR's and Mod's) for non-title company closings via various vendors.
  • Performs audit of boarded loan packages and collateral documents to ensure bank's security interest and adherence to established policies and procedures.
  • Audit and process payment of 3rd party loan related invoices.
  • Assisting with data collection and reporting for commercial loan support projects and audits.
  • Other duties as assigned.

Note: Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

  • High School diploma or GED required; some college preferred
  • Must have a minimum of two years' experience working with commercial loan documentation/collateral
  • Knowledge of FIS, nCino, Simplifile and CT Lien Solutions is a huge plus

  • Detail oriented with excellent organizational, time management and communication skills
  • Ability to multitask in in fast-paced work environment
  • Proven ability to work both independently and as a team member
  • Ability to make sound decisions based upon bank policies, procedures, knowledge, and experience
  • Ability to communicate with all levels effectively and accurately within the organization.
  • Contributing to a positive work atmosphere of mutual respect

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • The usual office environment does require frequent sitting, walking, stooping, climbing stairs & ladders, standing, and ability to lift and carry heavy loads of 50 lbs. or more. There is the frequent use of eye, hand, and finger coordination enabling the use of office equipment. Also, oral, and auditory capacity enabling interpersonal communication as well as communication through automated devices.

  • This position has no direct reports.

This position profile identifies the key responsibilities and expectations for performance. It cannot encompass all specific job tasks that an employee may be required to perform. Employees are required to follow any other job-related instructions and perform job-related duties as may be reasonably assigned by his/her supervisor.

Byline Bank offers competitive industry rate salary bands with the goal of retaining and growing talented individuals. We regularly review and adjust our compensation structure as needed to ensure equity across teams and levels.

The hourly rate for this position is $20.91 to $24.04 per hour. Pay is based on several factors including but not limited to education, work experience, certifications, etc. In addition to your salary, Byline Bank offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with Byline Bank, you'll find a far-reaching choice of benefits and incentives.

Byline Bank is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Byline Bank are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Byline Bank will not tolerate discrimination or harassment based on any of these characteristics.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

If you require a reasonable accommodation, during any part of the application process, please contact the human resources department to let us know the nature of your request at [email protected] or by contacting 773.475.2900.

The Company
HQ: Chicago, Illnois
950 Employees
On-site Workplace
Year Founded: 1914

What We Do

Your Byline Bank

We’re not like the other guys. We don’t pretend to know Chicago. We’re a long-time resident who’s been part of the local scene for over 100 years.

A shared vision
Our corporate vision isn’t a case of “me too.” We mean it—and live it—daily. We continually innovate our products and seek new ways to improve our services to get you what you need, when you need it.
At Byline Bank, we put our name behind everything we do.

Promises are for keeping
You work hard to take advantage of Chicago’s many opportunities, and we won’t stop until you get what you need to succeed.

With every conversation, transaction and application we will work to:
• Earn your business.
• Roll up our sleeves to get you what you need, when you need it.
• Make it personal—listen to what matters to you.
• Focus on you, not on our process.
• Not take ourselves so seriously we forget who we work for.
• Follow through on our promises as your banker and as a company.

Member FDIC. Equal Housing Lender

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