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
---
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.
---
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.
---
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.
---
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.
---
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!
---
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.