Wholesale Banking Loan Closer (Remote in Jacksonville, FL or Atlanta, GA)

Ameris Bank•Atlanta, GA

16d•Remote

About The Position

The Wholesale Banking Loan Closer coordinates, prepares loan documentation and reviews complex high dollar commercial loan transactions, ensuring accuracy and meeting requirements of loan approval, policy, regulations, and laws. The Wholesale Banking Loan Closer reports any approval exceptions to the appropriate parties, escalates potential risk, and resolves exception items. Performs other projects and duties as assigned.

Requirements

Advanced knowledge of commercial loan documentation and various loan structures such as commercial real estate, asset based lending, general C&I lending, and various complex non-real estate transactions.
Advanced knowledge of due diligence requirements related to complex loan transactions including but not limited to corporate documentation, leases, subordination agreements, property management agreements, borrowing bases, and titles.
Stays current on applicable banking regulations and security procedures and practices to prevent fraud or other bank losses and to comply with regulatory requirements.
Advanced skills in computer and Microsoft Office.
Able to effectively and persuasively express self, using language and grammar in a professional manner.
Able to plan, schedule and organize professional schedule to achieve goals within or ahead of established time frames.
Able to provide a high level of interactive service to others, building relationships and addressing identified needs.
Able to analyze and record detailed information and produce accurate, high quality work products.
Able to research, analyze, identify viable options, draw sound conclusions, and present findings.
Thorough knowledge of financial covenants, business entities, standard and non-standard loan products.
Thorough knowledge of commercial loan compliance policy and closing processes.
Able to manage and organize a high volume of documents.
Able to read, analyze and interpret complex commercial loan documents.
Able to perform accurate calculations and transactions.
Critical thinking and analytical skills required to review all transaction processing (file maintenance).
3 or more years of experience as a Wholesale Banking Loan Closer or related role required.
Experience using relevant banking and document storage software applications required.
High school diploma or GED required.

Nice To Haves

Bachelor’s degree or equivalent combination of education and experience preferred.

Responsibilities

Facilitates the closing of multiple large dollar, complex commercial loans simultaneously.
Reviews loan type, approval terms and conditions, bank policy and regulations to determine closing requirements and develop a due diligence/closing checklist.
Performs due diligence activities for a wide-range of commercial loans applying specialized knowledge to analyze complex requirements and effectively administer pre-closing activities.
Prepares loan documentation on the bank's documentation system, ensuring that documents are prepared accurately with proper terms and conditions as outlined in the loan approval and within standards/requirements.
Reviews legal closing documents for accuracy against loan approval and credit write ups.
Effectively manages a large pipeline of loans at different stages of the closing process managing workflow and deadlines.
Identifies and obtains all necessary third-party reports which may include title, surveys, entity documents, flood determinations, and UCC searches.
Reviews all reports and documents for accuracy and sufficiency according to bank policy and regulatory requirements.
Identifies discrepancies and issues, facilitates resolution, and takes corrective action.
Acts as a liaison with attorneys, third party vendors, and customers.
Executes timely follow up and management of all closing requirements and monitors to ensure deadlines are met.
Responsible for ongoing communication with lender and borrower on the status of specific loan requests.
Processes disbursement of loan proceeds.
Maintains and updates electronic checklists to ensure all diligence items are addressed.
Manage electronic file organization for all commercial loan files.
Meets the Commercial Hubs Standard Service Level Agreements and Quality Control objectives.
Provides instructions, guidance and requests to stakeholders ensuring clear, professional communication and efficient processing.