Senior CRE Closing Administrator

Senior CRE Closing Administrator

Requirements

• Bachelor’s Degree: Accounting, Business, Economics, Law, Computer Science or other related field required (an equivalent combination of education and experience may be considered)
• 6 or more years of experience in commercial real estate banking required
• Ability to analyze loan documentation and verify compliance with credit approval
• Knowledge of credit policy and procedures
• Ability to work directly with outside counsel negotiating loan documentation in accordance with credit approval
• Possess strong verbal and written communication skills
• Demonstrated analytical ability
• Proficient in Word, Excel, and spreadsheet software
• Extensive understanding of AIA documentation and budget balancing requirements
• Knowledge of federal and state laws and regulations relating to residential and commercial real estate lending

Responsibilities

• Responsible for accurate and timely preparation in documentation on complex real estate transactions including review of collateral and preparation of appropriate security agreements
• Performs updates to the system of record on new loans, existing loans, and modifications
• Responsible for reviewing appraisal and preconstruction evaluation on new construction and development loans
• Balance through evidence of pre-paid construction costs prior to loan closing
• Administers loan disbursements in accordance with loan administration policy and guidelines
• Partner with third party inspectors to identify, evaluate and elevate any issues regarding construction budget and construction schedule
• Oversees and manages loan files to assure accurate reports, statements, and accounting information
• Assist in establishing and maintaining lien perfection on various collateral
• Responsible for complying with policies, procedures, security requirements, and government regulations

Preferred Qualifications

No preferred qualifications provided.