Back to jobs
New

Closing Coordinator IV

Remote

About Us
Capital Bank N.A. is headquartered in Maryland and has been serving our communities since 1999. We stand as a publicly traded company (NASDAQ: CBNK) with over $3 billion in assets. We offer commercial and consumer banking services to clients primarily in Maryland, DC, and Northern Virginia, alongside two nation-wide lending brands; Capital Bank Home Loans and OpenSky, a credit card division that offers and services credit cards across all states. Our personalized approach to banking, paired with cutting-edge technology solutions and a comprehensive suite of products and services, fuels our growth, and enables us to support our customers at every stage in their financial journey.

Come join a bank where our employees thrive and are engaged in meaningful work. For the last 6 out of 7 years, Capital Bank was named one of the "Best Banks to Work For" in the U.S. by American Banker.

Position Purpose

The Closing Coordinator will facilitate loan funding and construction disbursements and assist with all closing and post-closing responsibilities. Duties include management of loan files, construction and loan disbursements, coordination of any post close documentation collection and review, good faith deposit funds, reconciling deposit and general ledger accounts, boarding and loan file review, coordination with affiliated service providers to ensure accurate servicing of all government lending loans.  

Position Responsibilities                                                                                                                             

  • Manage all GL loan document files, ensuring proper upload to Synergy in an accurate and timely manner. Coordinate with affiliated service provider as necessary.
  • Coordinate the completion of all Secondary Market sale packages and ensure proper reconciliation with accounting.
  • Track all incoming due diligence items for USDA, FSA, Portfolio, and CF loans.
  • Coordinate various aspects of loan fundings, ensuring consistency with settlement instructions.
  • Coordinate various aspects of construction loan disbursements, ensuring consistency with loan documents and draw packages.
  • Complete weekly Loan Funding Reports, including all Government Lending and Portfolio loans.
  • Complete Monthly Delinquent Tax report for Government and Portfolio loans, monitoring CoreLogic for updates.
  • Serve as dual control for Portfolio Escrow, balancing the DDA daily.
  • Complete loan boarding reviews, to ensure all GL loans are boarded to the core system consistent with loan documents.
  • Coordinate and assist with clearing GL collateral and document exceptions.
  • Ensure core system collateral tabs are accurately completed for all GL loans.
  • Coordinate the completion of collateral release documents and default letters.
  • Liaise with deposit, insurance, leasing, and treasury team members to facilitate building a total banking relationship with each customer.
  • Act as a backup for managing all good faith deposit funds, and disbursements, keeping accurate log and reconciling weekly when needed.
  • Complete daily General Ledger Reconciliation when needed.

Minimum Education and Experience     

  • Associate degree in a relevant area of study such as real estate, business administration, accounting, finance, or equivalent related industry experience.
  • Minimum of 15+ years of experience in government lending, SBA/USDA and commercial lending.    
  • Experience in audit or accounting areas of a financial institution preferred.

Technical Knowledge and Skills

  • Work software including Microsoft Office, Office 365, and Adobe Suite.
  • Strong verbal and written communication skills. 
  • Ability to effectively present information one-on-one along with an ability to define and solve problems, collect data, establish facts, and draw valid conclusions. 
  • Organized and detail oriented. 
  • Knowledge of SBA/USDA, government guaranteed lending.  
  • Knowledge of commercial, consumer, portfolio lending. 
  • Knowledge of basic accounting. 
  • Knowledge of legal and closing documents, insurance documents, construction documents, appraisal documents, and environmental documents.
  • Experience with Jack Henry Silverlake Core Processing System, SageWorks, and LaserPro a plus.

Other  

Ability to travel within a defined market area.

Compensation

  • Base Salary Range: $35.00 - $45.00 / hourly. Final determination of where you are at in the salary range is based on numerous factors such as geographical location, relevant experience, skill set, education, and ability to meet qualifications within the job description.  
  • Additional Compensation: This role will include a yearly annual target bonus based on individual performance.

Working Arrangements

  • This is a 100% remote role.
  • We are currently hiring only within our core locations which include Maryland (MD), District of Columbia (DC), Virginia (VA), Pennsylvania (PA), Delaware (DE), Indiana (IN), Illinois (IL), South Carolina (SC), North Caroline (NC), Florida (FL). 

Why Join Us?

  • Join a growing company with a culture that fosters an entrepreneurial spirit
  • Comprehensive benefits package including Medical, Dental, Vision, Company Paid Life Insurance, Disability Insurance, and more? 
  • Company Contributions to your 401k - Regardless of your contribution
  • Employee Perks: Paid Parental Leave, Employee Recognition Program, Leadership Program, Tuition Reimbursement Program, Employee Bank Checking Account, and much more!
  • Generous Paid Time Off and Paid Holidays - Including Paid Charity Hours to support volunteer opportunities 

 

Supporting Businesses. Helping People. Strengthening Communities. 
Capital Bank, N.A. is an E-Verify, Affirmative Action and Equal Opportunity Employer.

Apply for this job

*

indicates a required field

Resume/CV*

Accepted file types: pdf, doc, docx, txt, rtf

Cover Letter

Accepted file types: pdf, doc, docx, txt, rtf

Select...
Select...
Select...
Select...
Select...

Track Application Source

Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey. Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

As set forth in Capital Bank’s Equal Employment Opportunity policy, we do not discriminate on the basis of any protected group status under any applicable law.

Select...
Select...
Race & Ethnicity Definitions

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection. As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categories is as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.

Select...

Voluntary Self-Identification of Disability

Form CC-305
Page 1 of 1
OMB Control Number 1250-0005
Expires 07/31/2029

Why are you being asked to complete this form?

We are a federal contractor or subcontractor. The law requires us to provide equal employment opportunity to qualified people with disabilities. We have a goal of having at least 7% of our workers as people with disabilities. The law says we must measure our progress towards this goal. To do this, we must ask applicants and employees if they have a disability or have ever had one. People can become disabled, so we need to ask this question at least every five years.

Completing this form is voluntary, and we hope that you will choose to do so. Your answer is confidential. No one who makes hiring decisions will see it. Your decision to complete the form and your answer will not harm you in any way. If you want to learn more about the law or this form, visit the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) website at www.dol.gov/ofccp.

How do you know if you have a disability?

A disability is a condition that substantially limits one or more of your “major life activities.” If you have or have ever had such a condition, you are a person with a disability. Disabilities include, but are not limited to:

  • Alcohol or other substance use disorder (not currently using drugs illegally)
  • Autoimmune disorder, for example, lupus, fibromyalgia, rheumatoid arthritis, HIV/AIDS
  • Blind or low vision
  • Cancer (past or present)
  • Cardiovascular or heart disease
  • Celiac disease
  • Cerebral palsy
  • Deaf or serious difficulty hearing
  • Diabetes
  • Disfigurement, for example, disfigurement caused by burns, wounds, accidents, or congenital disorders
  • Epilepsy or other seizure disorder
  • Gastrointestinal disorders, for example, Crohn's Disease, irritable bowel syndrome
  • Intellectual or developmental disability
  • Mental health conditions, for example, depression, bipolar disorder, anxiety disorder, schizophrenia, PTSD
  • Missing limbs or partially missing limbs
  • Mobility impairment, benefiting from the use of a wheelchair, scooter, walker, leg brace(s) and/or other supports
  • Nervous system condition, for example, migraine headaches, Parkinson’s disease, multiple sclerosis (MS)
  • Neurodivergence, for example, attention-deficit/hyperactivity disorder (ADHD), autism spectrum disorder, dyslexia, dyspraxia, other learning disabilities
  • Partial or complete paralysis (any cause)
  • Pulmonary or respiratory conditions, for example, tuberculosis, asthma, emphysema
  • Short stature (dwarfism)
  • Traumatic brain injury
Select...

PUBLIC BURDEN STATEMENT: According to the Paperwork Reduction Act of 1995 no persons are required to respond to a collection of information unless such collection displays a valid OMB control number. This survey should take about 5 minutes to complete.