Closing Coordinator

The role

The Closing Coordinator processes, closes, funds, and services transactions secured by real estate properties. This role ensures closings follow regulations, policies, and procedures.

What you will do

• Follows organizational policies to ensure transactions meet legal compliance.
• Collects documents and ensures underwriting conditions are met.
• Coordinates with departments and external companies to order title commitments, appraisals, and flood zone determinations.
• Reviews title insurance commitments, deeds, and other documents to confirm collateral lien position.
• Creates or reviews settlement statements and disbursement agreements.
• Coordinates on-site and off-site closings and executes transactions with clients.
• Administers funding execution and data maintenance.
• Works with Legal Department and Title Review teams on collateral related documents.
• Works with clients to set up, organize, verify, and close mortgage and short-term loans.
• Conducts post-close reviews of transactions.

Required qualifications

• Associate’s degree in accounting, business administration, legal, agriculture or related field OR an equivalent combination of education and experience sufficient to perform the essential functions of
• Commissioned as a Notary Public for the state (or ability to obtain within three months); may include e-notary.
• Working knowledge of loan approval processes and requirements, personal property security documents, real estate, legal, banking, security requirements and title insurance.
• Working knowledge of legal descriptions and collateral documents.
• Basic accounting and mathematical skills to calculate data, reconcile funds and determine payoffs.

Nice to have

• Closing Agent License
• Insurance Producer License preferred (or ability to obtain within twelve months)

Benefits

• Hybrid model – up to 50% work from home
• Flexible schedules including ample flexibility in the summer months
• Up to 9% towards 401k (3% fixed Compeer contribution plus up to 6% match)
• medical, dental, vision, HSA/FSA, life & AD&D insurance, short-term and long-term disability, wellness program & EAP
• Vacation, sick leave, holidays/floating holidays, parental leave, and volunteer paid time off
• Learning and development programs
• Mentorship programs
• Cross-functional committee opportunities
• Professional membership/certification reimbursement

Before you apply

• Must be authorized to work for any employer in the United States.
• Compeer is unable to sponsor or take over sponsorship of an employment visa at this time.

About the company

Compeer Financial is a member-owned cooperative located in Illinois, Minnesota and Wisconsin. They provide financial services to support agriculture and rural communities.