Closing Specialist - Credit Products

Position Title

Closing Specialist - Credit Products

Location

Nationwide, MI 48098

Job Summary

The Closing Specialist is responsible for managing the loan closing process for a variety of Commercial and Industrial (C&I) transactions. Acting as the primary point of contact for internal stakeholders and third-party providers, the Closing Specialist ensures that all loan documentation aligns with credit approvals and that closing conditions are met in a timely, accurate manner. This role requires effective communication, attention to detail, and the ability to work in a fast-paced, deadline-driven environment.

Job Responsibilities:

JOB RESPONSIBILITIES

• Loan Closing Coordination
  • Serve as the central contact between Private Client Group (PCG), Credit Products Specialists, Legal, Title, and Escrow once a loan is approved.
  • Coordinate all closing activities and address escalations to ensure smooth execution.

• Document Review & Compliance
  • Review loan documents for conformance with approved credit terms.
  • Identify discrepancies and resolve in collaboration with appropriate parties.

• Title & Escrow Management
  • Engage directly with title companies and escrow agents on real estate-related transactions. Review and approve settlement statements and ensure all closing requirements are satisfied.

• System Accuracy & Uploads
  • Validate that CRA data is accurate and that all booking and closing documentation is correctly uploaded in nCino.

• Booking & Funding Preparation
  • Complete required booking and funding documentation and ensure all materials are ready for final loan booking.

ADDITIONAL ACCOUNTABILITIES

• Performs special projects, and additional duties and responsibilities as required.

• Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings.
• Accountable to maintain compliance with applicable federal, state and local laws and regulations.

Required Qualifications:

• Minimum experience required: ​2+ Years​ of experience in commercial loan closing, documentation, or operations.
• Strong understanding of C&I loan documentation, credit terms, legal coordination and closing workflows.
• Proficiency in nCino, Nautilus, and Microsoft Office.
• Ability to prioritize and manage multiple loan closings simultaneously.
• Strong attention to detail and documentation accuracy.
• Effective verbal and written communication skills.
• Physical demands (ADA): ​No unusual physical exertion is involved.​

Flagstar is an Equal Opportunity Employer

We are committed to providing clear and accurate compensation information in accordance with applicable laws. Actual starting base pay will be determined based on location, experience, and other non-discriminatory factors permitted by law. Total compensation may also include variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment. Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information: Benefits | Flagstar Bank

Pay Range

$54,918.75 - $85,547.00

Qualified applicants with arrest or conviction records will be considered for employment in accordance with the California Fair Chance Act, the Los Angeles County Fair Chance Ordinance, the City of Los Angeles Fair Chance Initiative for Hiring Ordinance, and the San Francisco Fair Chance Ordinance, as appliable.