AVP Loan Closing

Under general direction of the Closing Manager and President of MMCRE, responsible for directing and coordinating loan closing functions for the Carolina Division.

Essential Job Functions:

• Responsible for directing the loan closing process for the MMCRE Division, including but not limited to the following:
  • Reviewing and understanding the lending parameters of each transaction;
  • Managing the utilization of outside counsel activities to limit overall costs to Bank’s borrowers;
  • Engaging appropriate legal counsel;
  • Coordinating all Bank closing activities with various parties to ensure a timely and efficient closing;
  • Reviewing, evaluating, address and approving various due diligence items (unresolved issues to be forwarded to Closing Manager or President MMCRE Division;
  • Drafting and reviewing all wiring and closing documentation;
  • Managing communications with Little Rock and Ozarks office to insure streamlined closing;
  • Gathering, assembling and reviewing all items needed to develop a complete lending transcript; and
  • Managing and resolving all communication issues with Ozark and Little Rock involving post-closing items and transcripts.
• Responsible for assisting with the resolution of loan administration issues, including “following-up” on exception items, post-closing items, and all loan billing.
• Handle customer calls and research items for problem resolution.
• Maintain good punctuality and attendance to work.
• Drive an automobile on company business.

Marginal Duties:

• Assist President MMCRE Division with other Bank-related opportunities.
• Provide assistance to others in the Charlotte office as needed.

Knowledge, Skills & Abilities:

• Computer skills including Microsoft Word and Excel.
• Superior analytic and logistical skills.
• Substantial knowledge of real estate.
• Excellent communication skills, including verbal and writing skills.
• Demonstrated ability to discuss, in a professional manner, complicated issues and opportunities with substantial real estate owners and developers.
• Ability to multi-task.
• Ability to work under general supervision.
• Ability to work well under pressure and with exacting deadlines.
• Ability to drive an automobile on company business.

Equipment Used in Job Performance/Working Environment:

• Computer
• Photocopy/Scanning Machine
• Facsimile Machine
• Telephone
• Automobile

Major Job Demands (Physical/Mental):

• Managing people
• Working with exacting deadlines
• Decision making
• Problem solving
• Managing multiple priorities

Position Requirements:

Basic Qualifications:

• Minimum three (3) to five (5) years experience as a paralegal or loan closer, involved in closing large commercial real estate transactions.
• Bachelor’s degree or equivalent work experience.
• Five (5) years experience with Computer including Microsoft Word and Excel.
• Valid driver’s license and good driving record.