Sr. Loan Closing & Funding Coordinator (PILP) at Presbyterian Church USA – Louisville, Kentucky

Overview

The Presbyterian Investment and Loan Program, Inc. (PILP) is a nonprofit corporation of PC(USA) created to provide low-cost loans to congregations, governing bodies and related entities of PC(USA). We provide loans for the construction or purchase of buildings, renovations, and even refinancing of existing debt.

Whether it is reshaping a space to meet the needs of a changing congregation, reducing the carbon footprint by utilizing energy efficient products and renewable energy sources, or expanding mission and outreach efforts by reducing the amount of funds necessary for debt service, the Program seeks to partner with congregations to determine the best financial results for the project.

The Investment and Loan Program raises funds for lending by selling interest-bearing term notes. Every day, Presbyterians across the country are supporting the growth of mission and ministry throughout our denomination. The Investment & Loan Program, as a nonprofit, does not have any shareholders. Its sole member, which is nonvoting, is the Presbyterian Church (U.S.A.), A Corporation.

Position Purpose:

This position serves as a highly organized and detail‑oriented Closing Paralegal & Loan Funding Administrator, supporting commercial and construction loan closings, documentation, and loan funding. The role plays a critical part in coordinating with borrowers, preparing loan commitments, managing construction draws, and ensuring accurate legal documentation. This position also supervises the primary loan closer and provides leadership and oversight for PILP’s closing function.

Work Location: Hybrid at the Presbyterian Center

Roles and Responsibilities:

1. Loan Closing & Borrower Support

• Prepare loan commitment letters, review terms with borrowers and Relationship Managers, and conduct video meetings to outline closing steps and required documentation.
• Coordinate all closing logistics, including ordering title work, collecting documents, scheduling closings, and reviewing closing packages for accuracy and compliance.
• Support funding and system setup by preparing documentation for loan boarding, booking, and modifications in PILP’s core banking system.

2. Construction Draws & Funding Administration

• Review and process construction loan draws, including contractor invoices, AIA forms, and supporting cost documentation.
• Manage loan draw submission and approvals through Internal Processing and Construction Management System.
• Submit draw funding after verifying all conditions and supporting items are complete.
• Verify all wire instructions per policy and adhere to strong security and fraud prevention controls.

3. Loan Documentation & Document Preparation Coordination

• Prepare, review, and finalize loan documents using internal templates or external document‑generation services; ensure accurate title work, legal descriptions, and recording requirements.
• Draft and review loan instruction letters, and validate all required documents including notes, mortgages/deeds of trust, guarantees, assignments, easements, and other collateral documents.
• Process document updates, modifications, renewals, and releases for paid‑off loans or collateral changes, ensuring proper compliance and recording.

4. Compliance & Quality Control

• Ensure all closing, funding, and documentation processes meet internal compliance requirements.
• Maintain accurate documentation and audit‑ready records.
• Support post‑closing follow‑ups, exception clearing, and required trailing documentation.
• Assist in adherence to PILP’s standards for KYC, flood compliance, and collateral perfection standards.

Essential Position Requirements:

* Bachelor's degree in business, legal studies or related field preferred or equivalent work experience.

* 5+ years in commercial or construction loan closing with strong knowledge of title work, collateral documentation, construction draws/AIA forms, and proven ability to manage multiple closings and prepare accurate legal documents.

* Strong skills in preparing, reviewing, and coordinating legal/loan documentation; interpreting title work and collateral requirements; communicating clearly with borrowers; and maintaining exceptional accuracy and attention to detail.

* Familiarity with banking or loan‑origination systems and document‑generation tools; and background in paralegal work, real estate transactions, or lending operations.

* Strong problem‑solving and critical‑thinking abilities; professional and clear communication; high integrity and accountability; ability to work independently while providing oversight to the main closer; and flexibility to prioritize effectively in a mission-oriented environment.

Helpful Skills:

• Have a deep understanding and commitment to cultural and racial ethnic inclusiveness. Values diverse groups, ethnicities, genders, communities, cultural constituencies and points of view. Able to relate well to people from all walks of life and of varying theological perspectives.
• Ability to speak one or more languages other than English very helpful

Physical Requirements

• Must have the ability to sit for long periods of time.
• Must have the ability to lift 20 lbs.

Additional Information/Benefits:

We believe a balanced life, with time for work, leisure, and spiritual nurture, makes us healthier and more productive colleagues.

The Presbyterian Investment and Loan Program offers a competitive benefits package for eligible employees including Medical, Dental, Pension Plan, Short-Term and Long-Term Disability, Employee Assistance Program (EAP), Flexible Spending accounts, 403(b) Retirement Savings Plan, Vacation Days, Sick Days, and Paid Holidays.

Our Commitment:

Our faith in God inspires our commitment to the values of diversity, equity, inclusion, and belonging and is grounded in scripture, the Constitution of the Presbyterian Church (U.S.A.), and actions of the General Assembly of the Presbyterian Church (U.S.A.).

The Presbyterian Investment and Loan Program is committed to being an Equal Employment Opportunity Employer as defined by the U.S. government, including gender identity and sexual orientation.