First Horizon Bank
Specialized Lending Loan Closing Officer (LCO)
First Horizon Bank, Memphis, Tennessee, us, 37544
Specialized Lending Loan Closing Officer (LCO)
Join to apply for the
Specialized Lending Loan Closing Officer (LCO)
role at
First Horizon Bank .
1 week ago – Be among the first 25 applicants.
Location:
On site at location listed in job posting.
At First Horizon Bank Operations , we are on a mission to deliver a seamless customer experience. We are passionate about doing things right and doing the right things. We collaborate with each other and our internal business partners to delight our customers. We believe in an environment where everyone’s ideas are valued so that the team operates at its best. Our team members serve with humility and a deep commitment to their responsibility to be the best at serving their customers one opportunity at a time.
Summary The Specialized Lending ACCOUNT MANAGER I (Loan Closing Officer – LCO) partners with Relationship Officers, Portfolio Managers and the Syndication Team to facilitate the closing of new deals and subsequent amendments for syndications and participations where First Horizon Bank is either the Lead Bank/Agent or a Participant/Investor. The LCO ensures all documents support the approved credit request for a timely and well‑coordinated closing. These facilities are extended to the Bank’s largest and highest value clients and require individuals with strong business acumen, poise under pressure, impeccable customer service skills and excellent analytical and problem‑solving abilities.
Responsibilities Collect required due diligence for closing, verify and fund the initial closing advances with associated balanced GL entries, collect fees, advise the Bank Group of any closing activities, book new facilities and perform maintenance. The LCO also arranges imaging of loan documentation post‑closing and assists with clearing resulting loan exceptions.
Knowledge
Extensive understanding of syndication and participation concepts, i.e. pro rata shares, interest/fee accruals, takedowns, etc.
Complex syndicated and agented loan structures and documentation.
General Ledger and reconciliation functions.
Real Estate Due Diligence and Flood Compliance.
Abilities
Comprehend Loan Approvals and verify Lending limits.
Comprehend credit agreements and all related syndicated loan documentation.
Translate the terms of the facility into the servicing system’s structure to accurately reflect loan documents.
Perform loan accounting functions (extensive balancing involved).
Ensure wire‑related procedures are followed and wire funds accordingly.
Defuse tense situations or difficult customer interactions or elevate as needed.
Handle multiple tasks and prioritize.
Work with little supervision but know when to ask for help.
Maintain a healthy relationship with internal and external business partners.
Take a systematic approach to daily work and planning.
Skills
Impeccable customer service and customer‑centric focus.
Strong analytical and problem‑solving skills.
Excellent verbal and written communication skills across all levels of the organization.
Proficient computer skills, especially Microsoft Office applications such as Excel.
Attention to detail and ability to identify potential issues and elevate as needed.
Comfort with ambiguity.
Requirements
Bachelor’s degree in finance or related discipline required.
3‑5 years of previous experience in loan system administration and/or loan closing and due diligence.
Knowledge of ACBS loan system a plus.
Hours Monday – Friday, 8:00 AM – 5:00 PM.
About Us First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation’s best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
Benefits
Medical with wellness incentives, dental, and vision.
HSA with company match.
Maternity and parental leave.
Tuition reimbursement.
Mentor program.
401(k) with 6% match.
More – visit FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits.
Contact
Follow us on Facebook.
Follow us on X (formerly Twitter).
Follow us on LinkedIn.
Follow us on Instagram.
Follow us on YouTube.
Seniority level Mid‑Senior level
Employment type Full‑time
Job function Sales and Management
Referrals increase your chances of interviewing at First Horizon Bank by 2x.
Get notified about new Closing Officer jobs in
Memphis, TN .
#J-18808-Ljbffr
Specialized Lending Loan Closing Officer (LCO)
role at
First Horizon Bank .
1 week ago – Be among the first 25 applicants.
Location:
On site at location listed in job posting.
At First Horizon Bank Operations , we are on a mission to deliver a seamless customer experience. We are passionate about doing things right and doing the right things. We collaborate with each other and our internal business partners to delight our customers. We believe in an environment where everyone’s ideas are valued so that the team operates at its best. Our team members serve with humility and a deep commitment to their responsibility to be the best at serving their customers one opportunity at a time.
Summary The Specialized Lending ACCOUNT MANAGER I (Loan Closing Officer – LCO) partners with Relationship Officers, Portfolio Managers and the Syndication Team to facilitate the closing of new deals and subsequent amendments for syndications and participations where First Horizon Bank is either the Lead Bank/Agent or a Participant/Investor. The LCO ensures all documents support the approved credit request for a timely and well‑coordinated closing. These facilities are extended to the Bank’s largest and highest value clients and require individuals with strong business acumen, poise under pressure, impeccable customer service skills and excellent analytical and problem‑solving abilities.
Responsibilities Collect required due diligence for closing, verify and fund the initial closing advances with associated balanced GL entries, collect fees, advise the Bank Group of any closing activities, book new facilities and perform maintenance. The LCO also arranges imaging of loan documentation post‑closing and assists with clearing resulting loan exceptions.
Knowledge
Extensive understanding of syndication and participation concepts, i.e. pro rata shares, interest/fee accruals, takedowns, etc.
Complex syndicated and agented loan structures and documentation.
General Ledger and reconciliation functions.
Real Estate Due Diligence and Flood Compliance.
Abilities
Comprehend Loan Approvals and verify Lending limits.
Comprehend credit agreements and all related syndicated loan documentation.
Translate the terms of the facility into the servicing system’s structure to accurately reflect loan documents.
Perform loan accounting functions (extensive balancing involved).
Ensure wire‑related procedures are followed and wire funds accordingly.
Defuse tense situations or difficult customer interactions or elevate as needed.
Handle multiple tasks and prioritize.
Work with little supervision but know when to ask for help.
Maintain a healthy relationship with internal and external business partners.
Take a systematic approach to daily work and planning.
Skills
Impeccable customer service and customer‑centric focus.
Strong analytical and problem‑solving skills.
Excellent verbal and written communication skills across all levels of the organization.
Proficient computer skills, especially Microsoft Office applications such as Excel.
Attention to detail and ability to identify potential issues and elevate as needed.
Comfort with ambiguity.
Requirements
Bachelor’s degree in finance or related discipline required.
3‑5 years of previous experience in loan system administration and/or loan closing and due diligence.
Knowledge of ACBS loan system a plus.
Hours Monday – Friday, 8:00 AM – 5:00 PM.
About Us First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation’s best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
Benefits
Medical with wellness incentives, dental, and vision.
HSA with company match.
Maternity and parental leave.
Tuition reimbursement.
Mentor program.
401(k) with 6% match.
More – visit FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits.
Contact
Follow us on Facebook.
Follow us on X (formerly Twitter).
Follow us on LinkedIn.
Follow us on Instagram.
Follow us on YouTube.
Seniority level Mid‑Senior level
Employment type Full‑time
Job function Sales and Management
Referrals increase your chances of interviewing at First Horizon Bank by 2x.
Get notified about new Closing Officer jobs in
Memphis, TN .
#J-18808-Ljbffr