R'MONE CLARK
Concord,NC
Summary
Experienced transaction professional with expertise in overseeing complex deals and ensuring seamless operations. Skilled in risk management, contract negotiation, and financial analysis. Proven ability to collaborate with teams and adapt to changing demands, consistently delivering high-impact results. Known for reliability and strategic thinking in high-pressure environments.
Overview
14
14
years of professional experience
Work History
Transaction Manager, A.V.P.
Citibank, N.A.
10.2023 - Current
- Contributes to the build and development team to support loan origination and lifecycle management which includes large complex syndicated, participated, bilateral, SASB & mezzanine loans covering but not limited to corporate, commercial, real estate, structured lending and trade
- Assists with the creation of processes, standards, procedures, controls, training, and implementation of transaction management across varies systems & spreadsheets
- Aids in the design and implementation of technology including testing and rollout
- Provides training and support to transaction management staff and business constituents
- Partners with each of the originating and coverage business lines, credit risk, operations, legal, etc
- Ensures that quality of data, controls and processes performed meet internal policies and regulatory requirements/expectations i.e
- Borrower covenant document collection, review & testing
- Works with lines of business, transaction management, and loan operations to define and implement operational metrics and risk and control reviews to ensure all stakeholders have end to end transparency
- Constantly improves processes, controls and efficiencies within the group and front to back across loan lifecycle
- Participates in projects to enhance performance and efficiency i.e
- H1, H2, 9035 Y-14 & Y-14Q
- Takes part in loan remediation and loan system testing / migrations such as SNC breaks amongst back office teams
- Actively manages and maintains a deal closing pipeline of loan transactions for CRE CMBS & Warehouse portfolios
- Coordinate and close loan transactions/lifecycle events, capture data, store documentation, troubleshoot issues/roadblocks, perform quality control
- Drives the KYC/AML process with all loan closing transactions for accuracy & completeness
- Initiates & services all collateral records, allocations, linkages & breaks for CRE within the Citi Risk Collateral application
Middle Office Syndicated Loan Analyst
M.U.F.G. Bank, Ltd
12.2022 - 10.2023
- Coordinates complex syndicated, bi-lateral loans & letter of credit transactions for the Japanese Corporate Bank's lines of businesses, works closely with the Relationship and Portfolio Managers, ensuring all required documents, reference data, and critical information are reviewed for operational feasibility, optimal execution mechanics, regulatory requirements and mitigation of operational risk
- Partners with various internal and external parties including, but not limited to, Debt Capital Markets, Portfolio/Relationship Management, Loan and Agency Services, Finance, Legal, Trade Counterparties, as well as external Agent Banks and Lender clients
- Supports the execution and closing of complex loan transactions, including, but not limited to; new deals, refinancing, amendments, acquisition financings, and re-pricings
- Collects and review legal loan documentation to perform a detailed review against required Legal, Credit, and Regulatory approvals, as per Bank policy, as well as perform Facility booking in the MUFG System of Record
- Reviews internal loan related documents and notices for accuracy and completeness and provide the Back Office with all necessary information/instruction for loan/fee booking; utilizes OVS, Loan App & LIQ to process all transactions
- Liaise and coordinate pre-closing requirements with internal and external clients (i.e
- Portfolio Management, Syndications, Credit, Loan and Agency Services, Finance, Legal, and Back Office Servicing)
- Reviews and advises on funding mechanics and operational requirements as it pertains to internal booking, according to Operational policies; completes RCF audit reviews to align with regulatory risk requirements
- Perform cyclical Review and Monitoring of Financial Covenants for active Credit Agreements in individual's portfolio & Liaise with Relationship/Portfolio Manager for latency and any Covenant Breaches
- Assist with ad-hoc inquiries from the Front Office, Controllers, Reporting, and the Back Office pertaining to the closing process and ongoing maintenance
Commercial Loan Servicing Specialist
The Heitmeyer Group, LLC
06.2022 - 12.2022
- Manages & processes treasury transactions, payments & advances, initiating wire transfers, balancing loans in-line with participated/syndicated banks or other entities via AFS Vision & ACBS
- Manages monthly pipeline of complex research transactions i.e
- Participation, syndication, bond loans & asset-based loans; mitigates risks by correcting provided documents as needed
- Monitors daily suspect & maintenance reports for errors to mitigate compliance risks
- Processes incoming & outgoing wire transactions; processes financial transactions and balances daily loan batches via AFS
- Receives & interprets loan documentation which may include advices from a participant bank or other agency
- Maintains acceptable quality standards through review of daily work processed by other colleagues which may include financial, collateral, or other research related transactions
Compliance Officer
Dominion Financial Services, LLC
10.2021 - 01.2022
- Coordinates complex syndicated, bi-lateral loans & letter of credit transactions for the Corporate Bank's lines of businesses, works closely with the Relationship and Portfolio Managers, ensuring all required documents, reference data, and critical information are reviewed for operational feasibility, optimal execution mechanics, regulatory requirements and mitigation of operational risk
- Partners with various internal and external parties including, but not limited to, Debt Capital Markets, Portfolio/Relationship Management, Loan and Agency Services, Finance, Legal, Trade Counterparties, as well as external Agent Banks and Lender clients
- Supports the execution and closing of complex loan transactions, including, but not limited to; new deals, refinancing, amendments, acquisition financings, and re-pricings
- Collects and review legal loan documentation to perform a detailed review against required Legal, Credit, and Regulatory approvals, as per Bank policy, as well as perform Facility booking in the system of record
- Reviewed compliance document checklists to ensure accuracy according to servicer and underwriting guidelines
- Defined erroneous items for correction to Loan Processors in a timely manner prior to closing
- Reviewed attorney prepared loan closing documentation for accuracy & completeness
- Reviewed reconciliation reports for loan/general ledger rebalancing via Loan IQ system; processed & resolved complex research transactions i.e
- Participation & syndication loans, corrected loans for financial & collateral data
Loan Assistant
South State Bank
07.2019 - 11.2021
- Prepared commercial, consumer, 2nd mortgages, SBA PPP & private banking loan closing packages
- Maintained open lines basic service transactions such as address changes & accepting loan payments; tracked loan reconciliation daily, completed new construction draws, reviews pay app & invoices; insuring proper approval from underwriting; processed & resolved complex research transactions i.e
- Participation, syndication & asset-based loans, correcting loans for financial & collateral data
- Reviewed Past Due reports, Balance Summary reports, Reconciliation Reports via Loan IQ system, Closed Account reports & alert Banker to any material changes or upcoming deadlines; produced data reports via Power BI for management team
- Prepared all loans approved for closing by collecting/obtaining all information/documentation required per underwriting approval conditions
- Obtained any clear/satisfactory certifications required by the loan approval, property type, investor/insurer guidelines and/or appraisal
- Notified Closing Department of all loans scheduled to close and supply them with the file at least 48 hours prior to the scheduled date
- Collaborated with leadership team & data engineering team to create datasets for internal BI reporting
- Connected with relationship managers, borrowers, loan originator, underwriter, realtor, and/or builder throughout the entire process assisting each as needed; monitored all incoming mail & documents for verification information on data used to obtain any loan approval; logged all incoming data into the LOS for tracking purposes
- Ordered title searches, UCC searches, appraisals, surveys, hazard insurance, flood insurance, environmental reports
- Ordered, obtained, reviewed, & approved any required appraisal documentation from a Company approved appraiser, as required by Company or investor guidelines for the product under which the loan was originated & approved
- Reviewed closed & funded loans for document completion; ensured that loans are booked in a timely & accurate manner; completed LTV & DTI calculations for loan affordability; reviewed credit report trade lines
- Contacted settlement agents, register of deeds & title insurance agencies to obtain post-purchase documentation as necessary, maintained a tickler system on outstanding insurance policies and any other post-closing documentation (collateral and exception monitoring) & reports on status during weekly meetings
- Prepared & processed new accounts & fund transfers as related to loans
- Managed multiple priorities simultaneously while consistently meeting deadlines for loan closings and disbursements.
- Maintained organized records, facilitating efficient retrieval of information for audits and regulatory examinations.
Commercial Loan Funding Specialist
City National Bank
06.2018 - 07.2019
- Reviewed all commercial treasury requests for booking & funding of new and renewed consumer, commercial, SBA 504, SBA 7A, SBA Express and mortgage loans; reviewed all requests for approval, completeness & accuracy
- Processed accounting task such as loan advances, payments & payoffs on various loan products utilizing AFS & FIS as systems of record against the provided general ledger sheet
- Performed all accounting maintenance within AFS; calculated & adjust interest fee accruals
- Determined causes of rejected loan items & process corrections listed within AFS
- Balanced work and prepare appropriate General Ledger entries to various cost centers as required; completed & processed appropriate General Ledger entries with corresponding offsets completed in AFS; tracked reconciliation reports of loans booked; worked with leadership team & data engineering team to create datasets for internal BI reporting
- Booked complex consumer, commercial, SBA & other specialized lending loans such as participation & syndicated loans via the AFS system of record
Senior Commercial Loan Processor
Wells Fargo Bank
02.2017 - 06.2018
- Provided support to Loan Officer & underwriter teams by ensuring the timely, judicious & accurate processing; servicing Commercial Real Estate & Construction Loans under the Wholesale Banking Loan Operations umbrella
- Managed a pipeline average of 20 plus loans monthly with daily review & data verification of collateral appraisals, hazard insurance, title insurance, & environmental reports
- Modified Deed of Trust information manually when applicable to meet state by state guidelines
- Ensured files were complete prior to quality control & closing hand-off, & coordinated effectively with title companies to ensure smooth closings
- Reviewed final building plans, profit & loss statements along with business balance sheets, construction budgets, builder contracts, contractor bids, plat of surveys for accuracy per bank approval
- Reviewed attorney prepared loan closing documentation for accuracy & completeness
- Provided executive team analytical, operational & education commercial reports of monthly & fiscal high-level metrics via Microsoft Power BI software
Senior Mortgage Processor
BB&T
09.2013 - 05.2015
- Managed portfolios of FHA, Conventional, VA, U.S.D.A
- & Jumbo loans
- Assumed responsibility for validating documents; ensured all files were complete prior to underwriting hand-off and coordinated effectively with title companies to ensure smooth closings
- Provided support to loan officers and underwriter teams by processing, reviewed and verified borrowers' DTI, credit reports, property appraisals and title insurance information to prepare loan applications for underwriting submittal
- Ensured compliance with company policies, underwriting guidelines and lending program requirements
- Enhanced customer satisfaction by providing timely and accurate updates on loan applications.
- Provided exceptional customer service by addressing borrower concerns promptly and professionally.
- Reduced errors in mortgage applications by implementing a robust quality control process.
Mortgage Servicing Specialist
Bank of America
02.2011 - 03.2013
- Servicing of FHA, Conventional, VA, U.S.D.A
- & Jumbo loans via travel; worked on default and/or non-defaulted loans
- Established loan history, responded to customer, investor or other 3rd party inquiries
- Followed underwriting procedures, corrected analysis of financial documents, reviewed credit reports and was responsible for interpretation of data
- Calculated applicable ratios to determine affordability, credit utilization, asset coverage, etc.; reviewed supporting credit documentation to assist with loan decisions
- Reviewed documentation for truthfulness and accuracy, implement fraud detection with all loan reviews
- Gathered information to make appropriate decisions; explained rationale behind credit decisions
- Expedited loan modifications by conducting prompt evaluations of borrower eligibility based on financial documentation provided by the applicant or obtained from third-party sources.
- Reviewed loan policy updates and continuously aware of any changes in underwriting provisions
- Integrated best practices with team members & executive team
- Obtained certification for business and travel expense reporting
Education
Chatham High School -
Chatham High School
Chatham, VA01.2005
Skills
- SyndTrak
- CitiRisk Collateral
- Closing process facilitation
- Transaction documentation
- Cross-functional coordination
- Closing date coordination
- Leadership skills
- Customer Service
- Lynx
- CAAST
- CitiRisk
- Workday
- Flex
- FM
- ACBS
- OVS
- LoanApp
- IRIS
- RMRS
- CDL
- GCARS
- Microsoft Power BI
- Office 365
- Outlook 365
- Loan IQ
- IBM Lotus Notes (CLOS)
- HAWC
- Velocity
- Unqork
- FIS
- Salesforce
- Zoom
- NCino
- WebEx
- BPM
- Treasury Navigator
- Encompass
- Oracle
- DecisionPro
- CRM
- Web Director
- RIMS
- AFS
- IBSInsight
- TNet
- EnCompass
- ALDO
- Remote Check Expresss
- Athena
- BLAST
- HOGAN
- WFB Mainframe
- LaserPro
- SMP
- SMP SUV
- Collateral360
- CTLien
- MS Office Suite# LP
- Desktop Underwriter
- StatusMart
- Edge
- DataVision
- DataVerify
- FPSDirect
- AS400
- BOSS
- HomeSaver
- HomeBase
- TSYS
- MPS
- Accurint
- FastDataWeb
- Innovis
- LAMP
- YOM
- PROHIT
- Iportal
- Webtrack
- ValueFinder
- LPS
- CSAD
- BPO Direct
- FHA Connection
- Neighborhood Watch
- LDP
- Siebel V8
- CAIVRS
- Equator
- SRP
- Urban
- Stewart
- IntelliMods
- NPV
- Modification Database (Mod Analysis)
- Document List Generator
- VA Portal
- Credco
- BPVerify
- AUS
Accomplishments
- NC Notary Public
- NC E-Notary Public
- O.S.H.A. General Industry 30 Certified
Timeline
Transaction Manager, A.V.P.
Citibank, N.A.
10.2023 - Current
Middle Office Syndicated Loan Analyst
M.U.F.G. Bank, Ltd
12.2022 - 10.2023
Commercial Loan Servicing Specialist
The Heitmeyer Group, LLC
06.2022 - 12.2022
Compliance Officer
Dominion Financial Services, LLC
10.2021 - 01.2022
Loan Assistant
South State Bank
07.2019 - 11.2021
Commercial Loan Funding Specialist
City National Bank
06.2018 - 07.2019
Senior Commercial Loan Processor
Wells Fargo Bank
02.2017 - 06.2018
Senior Mortgage Processor
BB&T
09.2013 - 05.2015
Mortgage Servicing Specialist
Bank of America
02.2011 - 03.2013
Chatham High School -
Chatham High School
Certification
- NC Notary Public
- NC E-Notary Public
- O.S.H.A. General Industry 30
- Freight Broker
- NC Surety Bondsman
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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