BBVA Compass Comml Loan Funder Closer II-III DOE in DALLAS, Texas

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Support the day-to-day Loan Documentation and Funding control (LD&FC) activities for Commercial Real Estate. This position will be responsible for the loan documentation on commercial real estate transactions to include construction loans, term loans, and syndicated/participation loans. This position is responsible for the review, coordination, and execution of a loan closing transaction. The average loan size handled by this team is $8MM - $10MM but also includes complex credits up to $65MM; the portfolio totals $14.5B. This position ensures the loan documentation matches the loan approval and all documentation is fully executed to ensure appropriate perfection of liens prior to releasing funds to the borrower.

  • Ensures that all loans and funding documentation are in compliance with federal, state, and BBVA Compass’s credit policy.

  • Works closely with other banks when BBVA Compass is a participating member in a large bank group. These facilities will usually have exposures upwards of $200MM.

  • Reviews loan approval documentation and generate a comprehensive due diligence needs list according to credit policy and loan type

  • Reviews third party reports (to include Phase I Environmental, Appraisals, Plan & Cost Reviews, Property Condition Reports)

  • Reviews and balances complex construction budgets to ensure compliance with approval and construction guidelines

  • Accurately books new loans to the system

  • Engage bank approved attorneys and facilitate the documentation and loan closing throughout the transaction

  • Timely follow up and management of incoming items from the borrower, RM, and attorney

  • Review title policies, surveys, and related construction due diligence to ensure compliance with bank policies


Minimum Qualifications :

Bachelor Degree in Business Administration, Accounting, or Legal Studies or equivalent experience in Commercial Real Estate, Construction, or Commercial loan closing/servicing/funding.

2 years of Commercial Real Estate closing/funding experience

Desired Qualifications :

AFS Level III system knowledge

Paralegal background/experience

Construction Management experience– funding/closing/servicing

Participation/Syndication experience – funding/closing/servicing

LIHTC experience a plus

Job ID 2016-101458





EOE Statement Equal Opportunity Employer - Minority/Female/Disability/Veterans