Construction Administrator II (Commercial Real Estate Construction Loans): Administering complex commercial real estate and multifamily residential construction loan portfolios from origination through payoff or rollover with an accent on loan compliance, budget analysis, inspections, and risk monitoring. Focus on coordinating funding requirements, maintaining lien priority, identifying project setbacks, and escalating construction and regulatory risks.
Location: York, Pennsylvania, United States of America; onsite
Salary: $74,600.00–$124,400.00 annual (USD)
Company
M&T Bank.
What you will do
Administer complex commercial real estate and multifamily residential construction loan portfolios from origination through payoff or rollover.
Review loan documents and coordinate with closing attorneys, borrowers, investors, participants, title companies, inspectors, and Relationship Managers to complete pre- and post-closing requirements.
Verify upfront equity requirements, analyze and maintain loan budgets, process reallocations, and monitor project costs and completion dates.
Track construction covenants, inspections, draw documentation, title updates, and project performance in loan systems.
Identify construction, title, budget, and completion risks; resolve issues with stakeholders and escalate critical matters to management for approval.
Support special projects, employee training, complex-loan issue resolution, internal controls, audits, regulatory matters, and other assigned duties.
Requirements
Bachelor's degree and at least 3 years of proven commercial real estate and/or multifamily closing, asset management, loan administration, or underwriting experience.
Alternatively, 7 years of combined higher education and/or work experience, including at least 3 years of proven commercial real estate and/or multifamily closing, asset management, loan administration, or underwriting experience.
Ability to understand and comply with state-specific title requirements, Bank construction requirements, risk and regulatory standards, policies, controls, and internal control standards.
Nice to have
Previous bank experience in commercial real estate and multifamily residential construction monitoring or loan workout.
Knowledge of Bank policies, procedures, and banking regulations.
Proficiency with personal computers, pertinent software packages, loan information systems, and internet applications.
Strong analytical, organizational, verbal, and written communication skills.
Ability to interact with all levels of personnel.
Detail-oriented approach.
Culture & Benefits
Fair, competitive, and market-informed pay.
Work aligned with the M&T Bank brand and an environment that supports belonging.
Commitment to risk management, regulatory compliance, internal controls, and timely resolution of audit and regulatory issues.
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