M&T Bank Corporation

Commercial Closing Officer

M&T Bank Corporation • $75K — $126K *
Hauppauge, NY 11788Hybrid
Finance & Insurance
Less than 5 years of experience
1 week ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree or 7 years of relevant experience with 3 years in commercial loan closing or operations
  • Proven communication skills for articulating commercial closing requirements
  • Strong ability to manage multiple transactions from approval to funding
  • Emphasis on data quality and integrity within the loan closing process
  • Familiarity with commercial loan products and origination platforms, especially nCino

Responsibilities

  • Validate closing documentation and due diligence for accuracy and compliance
  • Review and interpret loan documentation in line with legal guidance
  • Complete the Commercial Closing Checklist for Senior Officer review
  • Ensure alignment of all transaction aspects including approvals and terms
  • Coordinate with legal and internal partners for accurate documentation execution
  • Identify and mitigate risks in documentation and compliance
  • Evaluate collateral and legal structures independently

Benefits

  • Collaborative team environment
  • Opportunity to work on complex, multi-party transactions
  • Career development and support in professional growth
  • Commitment to a culture of belonging and inclusivity
  • Engagement with a diverse range of internal and external stakeholders
Full Job Description
Overview:

The Commercial Closing Officer is responsible for ensuring completion and delivery of the Bank's full commercial loan closing capabilities for all assigned transactions. This position serves as the first line of defense (1LoD), adhering to required internal controls to mitigate regulatory, operational, and financial risk. Officers work as part of the account relationship/deal team and hold primary responsibility for arranging, validating, and finalizing each loan closing to ensure documentation reflects the correct borrowing parties, collateral, covenants, and credit-approved terms with a high degree of accuracy.

Primary Responsibilities:
  • Validate that loan closing documentation and pre-closing due diligence requirements are complete, , and aligned with credit approval terms and regulatory requirements.
  • Review, interpret, and validate loan documentation for each transaction, ensuring key provisions reflect M&T Legal guidance and the Outside Counsel Manual.
  • Complete the Commercial Closing Checklist, ensuring all required documentation, controls, and data elements are captured, accurate, and ready for Senior Closing Officer review and "Clear to Close."
  • Confirm alignment of credit approvals, legal documentation, collateral requirements, covenants, settlement terms, and system inputs across all supported platforms.
  • Coordinate with approved Bank counsel and internal partners to ensure documentation, funding, booking, and compliance requirements are executed accurately and in accordance with Bank policy.
  • Exercise heightened risk management by identifying documentation gaps, mitigating compliance issues, and ensuring adherence to regulatory and policy standards.
  • Independently evaluate and validate risk-sensitive information, including collateral, legal structure, exceptions, covenants, and regulatory requirements.
  • Prevent financial, operational, and regulatory exposure by ensuring accuracy in documentation, closing structure, and downstream system impact.
  • Maintain strong awareness of applicable regulations, legal requirements, workflow controls, and escalation procedures.
  • Responsible for complex, multi-party commercial transactions requiring advanced judgment, issue resolution, and coordinated communication among borrowers, attorneys, internal stakeholders, and relationship teams.
  • Apply advanced loan comprehension skills to understand lending structures, exceptions, downstream implications, and impacts of closing errors.
  • Work independently on most transactions with limited oversight, demonstrating deeper experience in commercial lending, loan closing processes, and structural documentation requirements.
  • Partner effectively with internal and external stakeholders, including Relationship Managers, Underwriters, Credit, Treasury, Legal, and external counsel.
  • Communicate proactively to address discrepancies, escalate risks, resolve documentation issues, and support efficient workflow execution.
  • Assist peers by providing backup support and contributing to a positive, collaborative team environment.
  • Manage multiple simultaneous closing requests, including last-minute modifications, while meeting established deadlines and quality expectations.
  • Understand and adhere to the Company's risk and regulatory standards, policies and controls in accordance with the Company's Risk Appetite. Identify risk-related issues needing escalation to management.
  • Promote an environment that supports a culture of belonging and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned.


Scope of Responsibilities:

Responsible for Commercial loan closing execution, end-to-end ownership due diligence and completeness.

Education and Experience Required:
  • Bachelor's degree and a minimum of three (3) years' commercial loan closing, commercial loan documentation, commercial loan operations, and/or commercial loan administration experience or in lieu of a degree, a combined minimum of seven (7) years' higher education and/or relevant work experience, with a minimum of three (3) years' related commercial loan closing, commercial loan documentation, commercial loan operations, and/or commercial loan administration experience.
  • Demonstrated ability to effectively communicate commercial closing requirements, identify exceptions and escalate appropriately prior to funding.
  • Manage assigned commercial closing transactions from approval through funding.
  • Heighten focus on data quality and data integrity.
  • Ability to manage multiple closings simultaneously.
  • Strong interpersonal and effective communication skills with external and internal cross-functional teams.
  • Prior experience with and demonstrated command of commercial loan products and origination platforms (e.g., nCino).


Education and Experience Preferred:
  • Familiarity with approvals required for closing, including loan approvals and escalation and/or exception requirements
  • Knowledge of unit and/or department policies and procedures.
  • Knowledge of applicable products, systems, and workflows.
  • Prior experience as a paralegal or related work in lending operations, underwriting, and/or customer service


M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $36.48 - $60.80 Hourly (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.

Location
Hauppauge, New York, United States of America

About M&T Bank Corporation

M&T Bank is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, operates banking offices in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia. Trust-related services are provided by M&T's Wilmington Trust-affiliated companies and by M&T Bank. M&T Bank traces its origins to the founding of Manufacturers and Traders Bank in Buffalo, New York. As a result of mergers, acquisitions, and name changes, M&T Bank Corporation's principal bank is now known as Manufacturers and Traders Trust Company or M&T Bank. M&T Bank reorganized under a bank holding company in 1969 called First Empire State Corporation. The name was changed in 1998 to M&T Bank Corporation, whose common stock is listed on the New York Stock Exchange and trades under the symbol "MTB."

M&T Bank Corporation Careers

Join the vibrant team at M&T Bank Corporation, a leading financial institution where innovation meets tradition, offering a plethora of job opportunities across various sectors. As one of the most respected banks in the nation, M&T Bank Corporation is the perfect place to jumpstart or advance your career in the financial services industry.

Work You’ll Do

At M&T Bank Corporation, you will be part of a culture that cherishes diversity, leadership, and professional growth. Engage in work that makes a real difference in the community while fostering your career development through comprehensive training programs and diverse learning opportunities.

Innovate and Lead

Embrace the chance to work on projects that integrate cutting-edge financial technologies with robust, traditional banking practices. M&T Bank Corporation is at the forefront of the financial industry, offering innovative solutions that redefine banking standards. Our leadership in the market is driven by a commitment to excellence and continuous improvement.

Career Growth and Opportunities

Whether you are looking for an entry-level position or a more senior role, M&T Bank Corporation provides a dynamic pathway for career advancement. With a variety of job opportunities ranging from internships to full-time positions, you can find the perfect match for your skills and ambitions. Our team is dedicated to helping you navigate your career path with tailored development plans and leadership training.

Join Our Team

Explore job opportunities and join a team that values hard work, creativity, and strategic thinking. M&T Bank Corporation is hiring professionals who are passionate about finance and eager to contribute to a team-oriented environment. Enhance your skills through hands-on experience and ongoing professional development.

Networking and Professional Development

At M&T Bank Corporation, networking and professional development are part of our DNA. Connect with industry leaders, participate in high-impact networking events, and take advantage of our mentorship programs. Our employees benefit from a supportive network that boosts their career trajectories and fosters meaningful professional relationships.

Benefits and Culture

Enjoy a comprehensive benefits package that supports both your professional and personal life. M&T Bank Corporation offers competitive salaries, health benefits, and retirement plans designed to ensure the well-being of our team members and their families. Experience a supportive and inclusive culture where every employee is valued and given the opportunity to thrive.

How to Apply

Ready to take the next step in your career? Visit the M&T Bank Corporation Careers page to browse current openings, submit your resume, and prepare for your interview. We are excited to see how your skills and ideas can contribute to our continued growth and success.

Stay Connected

Keep up to date with the latest from M&T Bank Corporation by following our careers blog. Gain insights from our experts and stay informed about new job openings and upcoming networking events. Join M&T Bank Corporation today and be part of a team that is dedicated to growth, innovation, and leadership in the banking industry. Your future starts here!
Learn more about M&T Bank Corporation
Size
17,115 employees
Market Cap
$25.2 billion
Industry
Finance & Insurance
Net Income
$1.3 billion
Founded
1868
5 Year Trend
+0.2%
NASDAQ
MTB
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at M&T Bank Corporation

More Finance & Insurance Jobs

Find similar Commercial Closing Officer jobs:

NationwideHauppauge, NY