Senior CRE Draw Administrator

July 24

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Description

• Responsible for handling all aspects of draw process of an assigned complex portfolio of CRE income property and/or homebuilder loans • Analyzes routine to complex loan documents • Responsible for reviewing appraisal and preconstruction evaluation on new construction and development loans • Coordinates directly with inspector, title company and Borrower for monthly draw processing • Partner with third party inspectors to identify, evaluate and elevate any issues regarding construction budget and construction schedule • Administers loan disbursements • Oversees and manages draw files to assure accurate reports • Maintains a balance of credit policy and compliance requirements with draw processing.

Requirements

• Bachelor's Degree: Accounting, Business, Economics, Law, Computer Science or other related field required • 6 or more years of experience in commercial real estate banking required • Extensive experience in funding and draw processing of complex CRE income property and/or home builder products • Knowledge of CRE income property and home builder credit processes to analyze complex draw requests • Experience with excel, budgets, contracts, front end cost reviews, title date downs, insurance, permits, loan system processing • Proven ability to work directly with outside borrowers, inspection consultants, title and insurance companies • Proven analytical ability and strong attention to detail, including proficiency in MS Office applications and loan system input.

Benefits

• Comprehensive employee benefits, including medical, dental, vision, LTD, STD and life • Paid vacation time, sick time, personal days, paid volunteer time and 11 company paid holidays • 401k (up to 4% match with immediate vesting) • Tuition reimbursement up to $5,250 annually (minimum service requirement)