Commercial Loan Closing Manager I at Fifth Third Bank, National Association — Rosemont, IL

GENERAL FUNCTION:

The Commercial Loan Closing Manager I directs the work of a team of loan closing professionals responsible for all aspects of commercial loan due diligence, documentation, and closing execution. This includes satisfaction of approval conditions prior to loan documentation preparation. The role partners closely with Relationship Managers (RM), Portfolio Managers (PM), Underwriters (UW), Legal, and other internal partners to ensure accurate interpretation of credit approvals and timely progression of transactions. The position plays a central role in coordinating activities across stakeholders to drive successful closing outcomes. Responsible and accountable for risk by openly exchanging ideas and opinions, escalating concerns as appropriate, and ensuring adherence to policies and procedures.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Provides day-to-day leadership and oversight of loan closing activities.
• Serves as primary point of coordination and issue resolution for loan closings.
• Reviews credit approvals and interprets closing conditions.
• Ensures due diligence supports accurate documentation and lien perfection.
• Confirms satisfaction of closing conditions and addresses deficiencies.
• Partners with internal stakeholders to ensure alignment.
• Maintains communication on transaction status and timelines.
• Supports risk-based decision making within established authority.
• Monitors pipeline, workload, and timelines.
• Identifies and leads process improvement initiatives.
• Ensures compliance with policies and regulatory requirements.

SUPERVISORY RESPONSIBILITIES:

• Manages a team of loan closing professionals.
• Provides feedback, coaching, and development.
• Builds succession plans and talent pipeline.
• Recognizes and rewards performance.

• Bachelor’s degree or equivalent work experience required.
• 6–8 years of commercial lending experience.
• 2+ years leadership or supervisory experience.
• Strong knowledge of loan documentation and credit policy.
• Strong decision-making and judgment skills.
• Effective communication and stakeholder coordination.
• Ability to drive process improvement and efficiency.
• Proficiency in Microsoft Office and banking systems.

WORKING CONDITIONS:

Normal office environment with extended computer use.

Commercial Loan Closing Manager I

Total Base Pay Range 71,100.00 - 145,900.00 USD Annual

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.

LOCATION -- Rosemont, Illinois 60018