About Community Bankshares Inc.

Community Bankshares, Inc. is a dynamic company that is revolutionizing the financial landscape via its support for America’s businesses. As a mission-focused company, we are redefining how lending capital is provided across the nation and its territories in ways that promote business stability and encourage local area prosperity.  In doing so, we foster economic growth, job creation and retention, and community strength.

Through our subsidiary partners, Community Bank & Trust – West Georgia, Thomas Financial Group and Phoenix Lender Services, we deliver an ever-expanding suite of financial services and expertise. From advanced lending strategies and support services to community-focused banking solutions, we empower businesses, individuals, and underserved markets with the capital and other tools they need to succeed.

With a steadfast commitment to collaboration, trust, and innovation, we are reshaping the future of lending in this country while promoting economic vibrancy and helping reinvigorate the places where people live, work, raise families, and do life together.

Community Bankshares, Inc. – Building stronger businesses, thriving communities, and a brighter future for all.

Position Summary:

The Senior Commercial Loan Closer serves as a key leader in the loan closing process, overseeing the preparation, coordination, and finalization of complex commercial and government-guaranteed loan transactions. This role ensures adherence to regulatory and agency requirements while facilitating cross-functional collaboration among lenders, legal teams, government agencies, and internal stakeholders. The ideal candidate brings deep expertise in loan documentation, funding logistics, and regulatory compliance, and is capable of identifying and resolving issues with minimal oversight.

Job Duties / Responsibilities:

Document Preparation & Regulatory Compliance

• Lead the preparation, review, and execution of comprehensive loan packages, including detailed funding instructions and supporting documentation.
• Ensure all documentation meets the requirements of lead lender approvals, government guaranteeing agency guidelines (e.g., USDA, SBA), and all applicable regulations.
• Provide strategic oversight for document compliance and risk mitigation across complex, multi-party loan transactions.
• Interpret and apply conditional commitments for USDA or other guaranteed loans to ensure compliance for LNG issuance.
• Collaborate with Construction Servicing Manager to finalize documentation and budgets for construction loan closings.

Closing Process Oversight

• Own the closing lifecycle by managing and updating the loan pipeline, closing calendar, and scheduling milestone meetings.
• Act as the central point of coordination to keep legal counsel, lenders, title companies, and internal teams aligned throughout the closing process.
• Validate and approve the “Clear to Close” form in coordination with the lead lender and relevant stakeholders.
• Represent the organization as the lead closer in high-level client and partner closing calls.

Strategic Funding Coordination

• Direct and coordinate all aspects of the funding process with lead lenders, participating lenders, attorneys, and title agents.
• Partner with reporting teams to ensure good faith estimates are reconciled, and loan balances are accurate pre-closing.
• Oversee receipt and validation of critical funding documentation, including payoff letters, wiring instructions, and settlement statements.
• Reconcile settlement figures, ensuring alignment of loan proceeds with disbursements for attorneys, guaranty fees, lender fees, and third-party payoffs.

Issue Identification & Resolution

• Proactively identify potential risks, delays, or documentation issues that could impact closing timelines.
• Resolve issues independently where appropriate or escalate strategically for executive or legal intervention.
• Ensure all parties are informed of resolution strategies and outcomes in real time.

File & Records Management

• Provide guidance to financial analysts and officers on proper loan file structure and compliance with internal documentation standards.
• Ensure finalized files are accurately transferred to the appropriate locations on the shared drive and meet audit-readiness standards.
• Coordinate formal loan booking notifications to PHX Servicing in compliance with procedural guidelines.

Post-Closing Review & Compliance

• Oversee the review of all post-closing documentation for accuracy and completeness.
• Facilitate corrections and ensure timely delivery of post-closing items such as executed documents and final Loan Note Guarantees.
• Identify trends or recurring issues and recommend process improvements to enhance closing quality and efficiency.

Additional Job Duties/Responsibilities

• Maintain a work area that ensures the safety and confidentiality of all customer records and transactions.
• Understand and comply with Bank Secrecy Act and Anti-Money Laundering Policies and Procedures as appropriate.
• Confidently embody the values of CBT.
• Represent Community Bankshares Inc and/or its subsidiaries in the community and at community events as appropriate. 
• Perform all other duties as assigned.

Required Skills/Abilities:

• Proven ability to lead complex transactions involving multiple parties.
• Deep understanding of USDA, SBA, or other government loan programs and compliance standards

Education and Experience:

• High School diploma or equivalent preferred.
• Minimum 7+ years of experience in commercial or government-guaranteed loan closings

Physical Demands and Work Environment:  

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.

While performing the duties of this position, the employee is regularly required to communicate. The noise level in the work environment is usually moderate.  Specific vision abilities required by this position include close vision, distance vision, color vision, peripheral vision, and the ability to adjust focus. The employee frequently is required to use hands or finger, handle, or feel objects, tools, or controls. The employee is occasionally required to stand; walk; sit; reach with hands and arms; climb or balance; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds. Onsite work environments are climate controlled. ____________________________________________________________________________ 

Note: 

We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.

This job description is not designed to cover or contain a comprehensive list of activities, duties, or responsibilities that are required of the employee. They may change, or new ones may be assigned at any time with or without notice. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents will possess the skills, aptitudes, and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others. The requirements listed in this document are the minimum levels of knowledge, skills, or abilities. This document does not create an employment contract, implied or otherwise, other than an “at-will” relationship.