Loan Closer

Job Reference: 31634-Loan Closer
Company: RecruitArab - recruiter
Industry: Financial Services
Job Title: Loan Closer

Location: Abu Dhabi, United Arab Emirates

Department: Financial Services

Job Type: Full-time

Closing Date: 2024-09-30

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Job Summary:

We are seeking a meticulous and detail-oriented Loan Closer to join our dynamic team in Abu Dhabi. The ideal candidate will play a crucial role in the loan closing process, ensuring all necessary documentation is accurate and compliant with regulatory standards. This position requires strong communication skills, a solid understanding of financial documents, and the ability to work effectively with clients, lenders, and other stakeholders.

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Key Responsibilities:

1. Loan Documentation Review:
- Review and verify all loan documents for accuracy, completeness, and compliance with company policies and relevant regulations.
- Ensure that all necessary approvals and signatures are obtained before closing.

2. Communication:
- Act as the primary point of contact for clients and lenders throughout the closing process.
- Provide clear and timely updates to all parties involved, addressing any questions or concerns.

3. Closing Coordination:
- Coordinate closing schedules with clients, real estate agents, and title companies to ensure a smooth closing process.
- Prepare closing statements and ensure that all financial transactions are accurately recorded.

4. Compliance and Quality Control:
- Ensure compliance with all applicable laws, regulations, and company policies related to loan closings.
- Conduct quality control checks to minimize errors and discrepancies in loan documents.

5. Problem Resolution:
- Identify and resolve any issues that may arise during the closing process, working collaboratively with all stakeholders to ensure timely resolution.

6. Post-Closing Activities:
- Ensure that all loan documents are properly filed and stored in accordance with company policies.
- Assist in the preparation of post-closing audits and reviews.

7. Continuous Improvement:
- Stay updated on industry trends, regulatory changes, and best practices related to loan closings.
- Provide recommendations for process improvements and enhancements to the closing workflow.

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Qualifications:

- Bachelor's degree in Finance, Business Administration, or a related field.
- A minimum of 3 to 5 years of experience in loan closing, mortgage processing, or a related financial services role.
- Strong knowledge of loan products, closing procedures, and relevant regulations in the UAE.
- Exceptional attention to detail and organizational skills.
- Excellent written and verbal communication skills in English; proficiency in Arabic is a plus.
- Proficiency in loan processing software and Microsoft Office Suite.

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What We Offer:

- Competitive salary and benefits package.
- Opportunities for professional development and career advancement.
- A collaborative and inclusive work environment.
- Exposure to a diverse range of financial products and services.

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Application Process:

If you are passionate about financial services and have the expertise to excel as a Loan Closer, we invite you to submit your application. Please send your resume and a cover letter detailing your qualifications and experience to apply@emiratesrecruiter.com.

We look forward to reviewing your application!

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Note: Only shortlisted candidates will be contacted for an interview. Thank you for your interest in joining our team.


Please inculde this job reference [31634-Loan Closer] in the email when you send your application.

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