Commercial Loan Closer in Richmond, Virginia at New Horizon Bank-National Association

At New Horizon, we're building a bank that runs on grit, speed, and execution. We move fast, challenge assumptions, and obsess over doing things better—for our clients and for each other. This isn't a place for red tape; it's a place for builders.

From product design to client experience to operations, we're constantly pushing for sharper thinking and smarter solutions. Our team is made up of passionate individuals who share a relentless drive to enhance our services and deliver exceptional experiences. If you're energized by momentum, motivated by results, and excited to help build the future of banking, you'll feel right at home here.

Position Summary:

The Commercial Loan Closer is responsible for coordinating and finalizing commercial loan transactions, ensuring all documentation is complete, accurate, and compliant with internal policies, legal requirements, and regulatory standards. This role serves as the central point of contact among lenders, borrowers, attorneys, title companies, and internal teams to ensure a smooth and timely closing process.

Loan Closing & Documentation

· Prepare, review, and finalize commercial loan closing packages, including promissory notes, loan agreements, guarantees, deeds of trust, security agreements, and related documents

· Ensure all required approvals, conditions, and covenants are satisfied prior to closing

· Coordinate with legal counsel on complex loan structures and documentation

Transaction Coordination

· Act as liaison between lenders, legal, title companies, and borrowers

Due Diligence & Compliance

· Verify completion of due diligence items (e.g., title commitments, insurance, appraisals, UCC searches)

· Ensure compliance with internal credit policies and regulatory requirements

· Confirm proper execution of documents, including notarization where required

Funding & Post-Closing

· Manage post-closing follow-up, including document tracking and trailing items

· Maintain accurate loan files for audit and compliance review

Required Qualifications:

· Bachelor’s degree in Finance, Business Administration, or related field (or equivalent experience)

· 2–5+ years of experience in commercial loan closing, loan operations, or banking

· Strong knowledge of commercial lending products (CRE, C&I, construction loans)

· Familiarity with loan documentation and closing procedures

Preferred Qualifications:

· Experience working with attorneys, title companies, and external vendors

· Knowledge of UCC filings, collateral perfection, and lien priorities

· Experience with loan systems (e.g., nCino, LaserPro, Baker Hill, or similar)

Work Environment:

· Typically office-based or hybrid role within a financial institution or lending organization

· May require occasional extended hours to meet closing deadlines