Loan Closing Coordinator Jobs in Parsippany, NJ

A Loan Closing Coordinator in the banking industry is a crucial part of the loan process and is responsible for ensuring that all necessary aspects of the loan closing process are met. Their duties include coordinating with loan officers, underwriters, and clients, reviewing loan documents for completeness and accuracy, and ensuring that all conditions of loan approval are met before the closing date. They also work closely with loan servicing and escrow companies to guarantee that all necessary steps are taken for the transfer of property ownership. The Loan Closing Coordinator plays a significant role in maintaining excellent customer service and ensuring all loans are closed in a timely manner.

To become a successful Loan Closing Coordinator, one should have strong organizational and communication skills, detail-oriented nature, and able to work under pressure to meet deadlines. Knowledge of the banking industry, loan processes, and real estate transactions is essential. As for certifications, some companies require a degree in Finance, Business, or a related field, while others might prefer candidates with relevant certification like Certified Loan Processor (CLP), Certified Mortgage Processor (CMP), or Certified Master Loan Processor (CMLP). They are likely to have gained experience in roles such as Loan Processor, Loan Officer, or Underwriter before stepping into the role of a Loan Closing Coordinator.

1-10 of 10 Jobs

Business Analyst - Loan IQ

  • New York, NY (22 miles from Parsippany, NJ)
  • 9 days ago
  • New York, NY (22 miles from Parsippany, NJ)
  • 9 days ago

Our challenge Act as a senior Business Analyst with previous experience working in Financial Services to work on the replacement of the current lending system to LoanIQ platform, specifically in ensuring...

Commercial Loan Closer

  • Bedminster, NJ (20 miles from Parsippany, NJ)
  • 10 days ago
  • Bedminster, NJ (20 miles from Parsippany, NJ)
  • 10 days ago

Qualifications: Bachelor Degree in Business Related Field preferred Minimum 5-7 years working in a Commercial Lending Department or Bank Environment Significant knowledge of Commercial Lending Credit...

Senior Mortgage Loan Closer

  • Morris Plains, NJ (4 miles from Parsippany, NJ)
  • 30+ days ago
  • Morris Plains, NJ (4 miles from Parsippany, NJ)
  • 30+ days ago

Minimum Qualifications: Education, Certification, and License Requirements * High school diploma or GED * Associate or bachelor's degree preferred Experience * Five (5) or more years of mortgage lending...

CLO/Syndicate Loan Settlement Specialist(hybrid)

  • Newark, NJ (14 miles from Parsippany, NJ)
  • 30+ days ago
  • Newark, NJ (14 miles from Parsippany, NJ)
  • 30+ days ago

Qualifications: 5+ years of experience in Loan Processing, credit operations, or funds administration, with a strong focus on global loan processing....

Hybrid Bank Loan Closer - Senior (Manager)

  • New York, NY (22 miles from Parsippany, NJ)
  • 30+ days ago
  • New York, NY (22 miles from Parsippany, NJ)
  • 30+ days ago

Job Function: Oversee the Settlement/Closing of both Par and Distressed loans - US & Global Review Trade Confirmations and Assignment Agreements in a timely and accurate manner Prepare and...

Associate, CRE Loan Closer

  • New York, NY (22 miles from Parsippany, NJ)
  • 30+ days ago
  • New York, NY (22 miles from Parsippany, NJ)
  • 30+ days ago

Associate, CRE Loan Closer in US - NY - New York (JR01426) Job Attributes Req ID JR01426 Job Category Operations Career Area Pelium Job Type Full time Job Location US - NY - New York Type Onsite...

Loan Analyst I

  • Newark, NJ (14 miles from Parsippany, NJ)
  • 45+ days ago
  • Newark, NJ (14 miles from Parsippany, NJ)
  • 45+ days ago

and deposits Coordinate with Credit Officers, Portfolio Management and Legal Counsel to approve premium finance loan Oversee all phases of loan processing, including exposure model generation, legal...

Analyst, Loan Syndications

  • New York, NY (22 miles from Parsippany, NJ)
  • 45+ days ago
  • New York, NY (22 miles from Parsippany, NJ)
  • 45+ days ago

Our Commercial Bank is growing at a dynamic pace and offers a broad array of products and services, including but not limited to: Financing (Commercial Lending, Loan Syndications), Capital Markets (...

Commercial Loan Closing Specialist

  • New York, NY (22 miles from Parsippany, NJ)
  • 60+ days ago
  • New York, NY (22 miles from Parsippany, NJ)
  • 60+ days ago

Commercial Loan Closing Specialist#25-10893 NEW YORK, NY On-site Contract Starts 1/13/2025 Ends 1/12/2026 Job Description Genesis10 is currently seeking a Commercial Loan Closing Specialist with...

US Analyst Loan Origination Support

  • New York, NY (22 miles from Parsippany, NJ)
  • 60+ days ago
  • New York, NY (22 miles from Parsippany, NJ)
  • 60+ days ago

Job Description:A A The U.S. Analyst position will be available for a maximum of 2 years.A The goal of the U.S. Analyst program is to develop the ideal candidate for consideration to a potential...

Demographic Data for Parsippany, NJ

Moving to Parsippany, NJ? Find some basic demographic data about Parsippany, NJ below.


Local
National
30,228
1,676
Medium

Loan Closing Coordinator Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Qard Basics: Benevolent Loans in Islamic Finance
When someone provides a qard, the borrower is obligated to repay only the principal amount borrowed. As a benevolent loan, qard stands as a testament to the prohibition of usury (riba) in Islam,...
Master the Closing Disclosure as a Loan Processor & MLO
Do you want to work in the mortgage industry but don't know what a closing disclosure is? Are you looking to advance in your career by having more specialized knowledge on one of the most...
Financial Math for Actuaries: From Loans to Bonds to Immunization
Start your actuarial career! Study the time value of money by learning about loans, bond valuation, duration, convexity, spot rates, forward rates and the term structure of interest rates. This...

Salary for Loan Closing Coordinator Jobs in Parsippany, NJ

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Highest Education Level

Loan Closing Coordinators in Parsippany, NJ offer the following education background
Bachelor's Degree
39.6%
Master's Degree
21.3%
High School or GED
16.5%
Associate's Degree
10.8%
Vocational Degree or Certification
8.2%
Some College
2.2%
Doctorate Degree
1.0%
Some High School
0.4%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Closing Coordinators in Parsippany, NJ
4-6 years
40.5%
2-4 years
30.9%
Less than 1 year
14.0%
10+ years
6.3%
1-2 years
6.1%
6-8 years
2.2%



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