VP, Commercial Loan Closer - CEFother related Employment listings - Hillside, NJ at Geebo

VP, Commercial Loan Closer - CEF

Overview:
First Citizens offers you the strength and stability of a diversified financial institution with a 125-year tradition of service and the personalized approach of a nimble financial partner.
First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts.
Headquartered in Raleigh, N.
C.
, First Citizens has built a unique legacy of strength, stability and long-term thinking that has spanned generations.
First Citizens offers an array of general banking services including a network of more than 550 branches in 23 states and commercial banking expertise delivering best-in-class lending, leasing and other financial services coast to coast.
Parent company First Citizens BancShares, Inc.
(NASDAQ:
FCNCA) is a top 20 U.
S.
financial institution with more than $200 billion in assets.
As a VP, Loan Closer you will lead the closing, booking and funding process for all CEF Loans & Leases.
You will work closely with the Closers to effectively communicate closing conditions to the RMs/Clients and oversee the review of legal documents to ensure documentation complies with the Bank's Policy & Procedures and accurately reflects the transaction details for assigned portfolio.
You will also interact closely with UW's/PM's and Team Leaders to ensure a smooth hand-off between the teams and resolves any issues or challenges.
Responsibilities:
Job
Responsibilities:
Lead the closing, booking and funding process for all CEF Loans & Leases.
Works closely with the Closers to effectively communicate closing conditions to the RMs/Clients and oversee the review of legal documents to ensure documentation complies with the Bank's Policy & Procedures and accurately reflects the transaction details for assigned portfolio.
Interacts closely with UW's/PM's and Team Leaders to ensure a smooth hand-off between the teams and resolves any issues or challenges.
Manage multiple day to day lease/loan administrative & collateral servicing items (e.
g.
partial or full releases of titles and/or UCC liens; resolving insurance renewals; payoffs).
Acts as a peer to the Sales, UW and PM Team Leaders in the delivery of the Credit Products.
Understands and ensures that all appropriate Compliance Requirements are met (Flood Rules, KYC, BSA, CIP, OFAC, Credit Approval, DAP, Credit Files, SOX and Internal Audit).
Involves the deal Sr.
UW and exercises sound judgment with closing documentation and/or collateral exceptions, escalating to LMO Head or CF Chief UW Officer as appropriate.
The base pay for this position is relative to your experience but the range is $90,000 - $110,000/Yr.
This position is eligible for variable compensation, which may be in the form of incentive, bonus, or commission pay.
First Citizens offers a competitive, comprehensive benefits program which you can review here:
.
Qualifications:
Basic
Qualifications:
Bacherlor's degree and a minimum of 6 years experience in Equipment Lease and Loan Closing roles Other/Preferred
Qualifications:
Loan IQ / InfoLease and similar related systems knowledgeStrong legal document comprehension and attention to detailStrong knowledge of Equipment Finance Lease and Loan ProductsStrong organizational skills, interpersonal and people development skills and the ability to handle multiple tasks under tight time constraintsSalary:
$90000 - $110000 per year.
Estimated Salary: $20 to $28 per hour based on qualifications.

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