Wholesale Banking Loan Closer

This is a fully remote position, open to applicants in Florida.

📋 Description

• Facilitates the simultaneous closing of multiple large, complex commercial loans.

• Reviews loan types, approval terms and conditions, along with bank policies and regulations to establish closing requirements and create a due diligence/closing checklist.

• Conducts due diligence activities for a diverse range of commercial loans, applying specialized knowledge to assess complex requirements and efficiently manage pre-closing activities.

• Prepares loan documentation within the bank's documentation system, ensuring accuracy in the preparation of documents according to the loan approval and established standards/requirements.

• Inspects legal closing documents for precision against loan approvals and credit write-ups.

• Effectively oversees a large volume of loans at various stages of the closing process, managing workflow and meeting deadlines.

• Identifies and gathers all necessary third-party reports, which may include title documents, surveys, entity documents, flood determinations, and UCC searches.

• Reviews all reports and documents for accuracy and adequacy in accordance with bank policy and regulatory standards.

• Detects discrepancies and issues, facilitates resolution, and implements corrective measures.

• Serves as a liaison with attorneys, third-party vendors, and customers.

• Ensures timely follow-up and management of all closing requirements, monitoring to guarantee deadlines are adhered to.

• Maintains ongoing communication with lenders and borrowers regarding the status of specific loan requests.

• Manages the disbursement of loan proceeds.

• Maintains and updates electronic checklists to ensure all diligence items are addressed.

• Organizes electronic files for all commercial loan documentation.

• Achieves 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.

⛳️ Requirements

• A minimum of 3 years of experience as a Wholesale Banking Loan Closer or in a related role is required.

• Proficiency in relevant banking and document storage software applications is essential.

• Extensive knowledge of commercial loan documentation and various loan structures, including commercial real estate, asset-based lending, general C&I lending, and other complex non-real estate transactions.

• Advanced understanding 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.

• Remains informed on applicable banking regulations and security procedures to prevent fraud or other losses and to ensure compliance with regulatory requirements.

• Proficient in computer skills and Microsoft Office applications.

• Capable of effectively and persuasively expressing ideas using professional language and grammar.

• Able to plan, organize, and schedule professional tasks to achieve goals within or ahead of established timelines.

• Committed to providing a high level of interactive service, building relationships, and addressing identified needs.

• Skilled in analyzing and documenting detailed information to produce accurate, high-quality work products.

• Capable of researching, analyzing, identifying viable options, drawing sound conclusions, and presenting findings.

• Thorough understanding of financial covenants, business entities, and standard as well as non-standard loan products.

• Comprehensive knowledge of commercial loan compliance policies and closing processes.

• Proficient in managing and organizing a high volume of documents.

• Able to read, analyze, and interpret complex commercial loan documents.

• Competent in performing accurate calculations and transactions.

• Critical thinking and analytical skills are necessary for reviewing all transaction processing (file maintenance).

🏝️ Benefits

• Medical, Dental, and Vision Insurance

• Life Insurance provided at no additional cost to employees

• Accidental Death & Dismemberment Coverage

• Long-Term Disability Coverage

• Paid Sick and Vacation Leave

• 11 Holidays

• Volunteer/Service Day

• Employee Stock Purchase Plan

• 401(k) Retirement Plan

• Ameris Bank matches 50% of your first 8% of contributions to the plan

• Flexible Spending Accounts

• Health Savings Account

• Health Reimbursement Arrangement

• Supplemental Life & Other Insurance Plans

• Identity Theft Protection

• Pet Insurance

• Legal Insurance

• Employee Assistance Program

• Employee Advocacy Program

• Tickets at Work (Entertainment discounts for Ameris Bank Employees)

• AT&T Employee Discount

• Wellness Discounts for Medical Premiums and Other Rewards

• Employee Referral Incentive

• Education Assistance

• Employee Resource Groups