What are the responsibilities and job description for the Loan Ops Commercial Loan Closer position at UNITED COMMUNITY BANK?
About the Role:
As a Loan Operations Commercial Loan Closer (CLC), you'll be at the heart of our commercial lending process. You'll collaborate with Commercial Relationship Managers (CRM) and Loan Officer Assistants (LOA) to oversee the closing process for all new, renewed, and modified C&I and CRE loans. Your role will be crucial in ensuring all due diligence is completed and approval conditions are met before closing. You'll be the key point of communication, interacting proactively with various stakeholders to minimize the time to close a loan once final approval is issued. Working independently, you'll handle a wide range of functions to ensure all approval conditions and due diligence items are cleared for the preparation and processing of loan documents for closing.
What You’ll Do:
- Review and Identify: Examine approved credit requests to pinpoint required pre-close conditions and due diligence requirements.
- Order and Review: Manage due diligence requirements such as Title Commitments, UCC searches, Flood determinations, Proof of insurance, Surveys, Entity documents, Appraisals, Environmental Assessments, Good Standing Certificates, and Beneficial Ownership.
- Monitor and Confirm: Ensure receipt and review of all due diligence items to guarantee accurate loan document creation and lien perfection.
- Document Preparation: Submit loans to the internal Doc Prep team for closing documentation preparation.
- Engage Attorneys: Work with approved attorneys to prepare and/or close loan documents.
- Coordinate Closings: Set up closing dates and times with all relevant parties, including attorneys, title companies, customers, CRM, and LOA.
- Review Documents: Check draft closing documents and settlement statements for accuracy and facilitate necessary corrections.
- Clear to Close: Provide the “Clear to Close” confirmation once all approval conditions and due diligence requirements are satisfied.
- Document Review: Ensure executed documents have accurate and complete signatures before forwarding to Loan Servicing for booking.
- Support Documentation: Confirm all deal-related documentation is loaded to CreditLens and/or submitted for imaging to Director.
- Initial Disbursement: Assist with initial loan disbursement at closing, acting as the second required signature.
- Policy Adherence: Follow Corporate and Loan Operations policies and procedures.
- Professionalism: Exemplify behaviors aligned with the bank’s vision, mission, and culture; maintain professionalism at all times.
- Client Service: Provide world-class service to internal and external clients with urgency and a positive attitude.
What We’re Looking For:
Experience:
- 5 years in the financial services industry, with a preference for commercial loan experience.
Education:
- High School Diploma or equivalent; College degree in business or paralegal certification preferred.
Required Skills:
- Strong interpersonal, verbal, and written communication skills.
- Proficiency with MS Office Suite, including Outlook, Word, Excel, and SharePoint.
- Knowledge of federal and state banking regulations.
- Excellent customer service skills.
- Attention to detail.
- Strong problem-solving and critical thinking skills.
- Strong organizational and time management skills, with the ability to balance competing priorities and meet multiple deadlines.
- Participation in required compliance training and other educational events as assigned by Loan Ops and Bank leadership.
Preferred Skills:
- Experience in commercial loan closing processes.
- Familiarity with CreditLens and other loan processing systems.
Position Type:
Full-time position requiring schedule flexibility to work evenings and weekends as needed.
Work Environment
- South Carolina -Greenville and Mt. Pleasant - Orlando, FL - Tennessee Locations - Knoxville and Nashville - NC locations - Charlotte/Raleigh - GA Locations - Atlanta - Marietta, Canton, Carrolton, Lawrenceville, Cumming, Athens and Stockbridge - Alabama locations - Huntsville and Birmingham
Travel:
Up to 5% travel required.
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state, or local protected class.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
