6 дней назад
Construction Loan Administrator (Commercial Real Estate)
74 200 - 126 200$
Мэтч & Сопровод
Для мэтча с этой вакансией нужен Plus
Описание вакансии
Текст:
TL;DR
Construction Loan Administrator (Commercial Real Estate) (Banking/Real Estate Lending): Administering commercial and residential construction loans, structuring loan agreements, and overseeing construction draw releases with an accent on credit analysis, construction risk, and client servicing. Focus on evaluating sponsors, architects, contractors, and repayment risks, coordinating inspections, and presenting recommendations to loan committees.
Location: Chicago, IL, with a hybrid work arrangement; regular travel to client locations is required.
Salary: $74,200–$126,200 USD base pay annually.
Company
provides wealth management, asset servicing, asset management, and banking services to individuals, families, corporations, and institutions.
What you will do
- Administer commercial and residential construction loans and work with real estate lending officers on construction risk underwriting.
- Structure and negotiate complex loan agreements and assess risks involving sponsors, architects, contractors, markets, holdbacks, and repayment.
- Define and oversee requirements for releasing funds at each construction stage and coordinate property inspections.
- Monitor client and prospect creditworthiness, prepare written analyses and presentations, and support loan committee reviews.
- Advise clients on banking products, services, legal and regulatory changes, and emerging market issues.
- Prepare client proposals, support sales presentations, and travel regularly to client locations.
Requirements
- 5+ years of experience in commercial or residential real estate construction, draw administration, client servicing, or lending.
- Prior experience reviewing legal documentation for construction loans.
- In-depth knowledge of finance, commercial real estate, construction, lending practices, and applicable laws and regulations.
- Strong analytical, negotiation, leadership, sales, and client relationship skills.
- Proficiency in Excel and familiarity with banking, loan, and client management systems.
- Applicants must be authorized to work in the United States without current or future employment-based visa sponsorship.
Culture & Benefits
- Flexible and collaborative work culture with accessible senior leadership.
- Internal movement and career development are encouraged.
- Retirement benefits, including a 401(k) and pension.
- Medical, dental, vision, spending account, disability, life, and accident insurance benefits.
- Paid time off, parental and caregiver leave, and other well-being benefits.
- Discretionary bonus program that may include an equity component.
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