Commercial Loan Closing Specialist I

Ameris Bancorp Atlanta , GA 30301

Posted 2 weeks ago

Ameris Bank is a high-performing community bank providing an exceptional customer experience with well trained, empowered employees. At Ameris, we look outside conventional wisdom and processes to find new answers. This means cutting red tape, empowering our people to make decisions at the local level and creating clear paths and easy touchpoints. We represent energy and passion, a steady strength that is bold and assertive, creativity in thinking and problem solving, a scrappy determination and nimble approach to getting things done, a good natured, genuine and approachable way of serving each other and our customers. We look forward to the future, and what this means for you, if you join our team.

Job Summary:

The Commercial Loan Closing Specialist I coordinates and executes post-closing activities for commercial loans by performing quality control activities, completing transactions and ensuring complete, accurate and compliant loan documentation is delivered for booking and perfection. The position demonstrates the Ameris Vision, Purpose, Expectations and Values.


Essential Functions, Duties and

Responsibilities:
  • Strictly adheres to Bank Secrecy Act requirements and applies organizational policies and procedures in all activities.

  • Validates proper execution of loan documents before processing the initial loan funding.

  • Performs due diligence activities for commercial loans and effectively administers post-closing activities.

  • Reviews all reports and documents for accuracy & sufficiency according to bank policy and regulatory requirements.

  • Identifies discrepancies and issues, facilitates resolution and takes corrective actions.

  • Tracks and follows up for timely receipt of outstanding executed loan packages from the lender.

  • Prepares all necessary payments to third party vendors on each loan transaction.

  • Delivers timely recordable documents to the required municipality for lien perfection.

  • Establishes and books ticklers for all trailing documents, exceptions and ongoing tickler documents (i.e. UCCs, insurance, flood, etc.) to the tracking system.

  • Ensures all trailing documents are ultimately received (i.e. Final Title Policy, Title Opinions, Recorded Deeds/Mortgages, UCCs, etc.).

  • Performs review of all closed loan packages to ensure proper execution of documentation.

  • Organizes scanned loan file and executes storage procedures for supporting documents.

  • Updates status queue for delivery of loan for booking.

  • Responsible for ongoing monitoring and maintenance of documentation exception reports.

Decision-Making Authority:

  • Determines acceptability of documentation and conformance to policy, compliance and regulatory requirements.

Required Knowledge, Skills and Competencies:

  • Computer and Microsoft Office proficiency.

  • 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.

  • Knowledge of financial covenants, business entities, and standard loan products.

  • Able to manage and organize a high volume of documents.

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

  • Able to perform accurate calculations and transactions.

Industry and Work Experience:

  • 1 or more years of experience in a related role working with commercial loan products, structures and/or documentation.

  • Experience using relevant banking and document storage software applications preferred.

Academic:

  • Bachelor's degree or equivalent combination of education and experience.
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Commercial Loan Closing Specialist I

Ameris Bancorp