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In-House
Legal Staff
Real Estate
Min 2 yrs required
Commercial Real Estate Service Relationship Administrator II The candidate will lead the effort in the pre-closing and closing process on basic real estate loans, including construction, term, lines of credit, and letters of credit; and with some supervision, contributes to the processes on moderately complex to complex real estate loans, which may include syndications. Reviews loan approval and loan documents prepared by counsel to ensure consistency and adherence to requirements. Work closely with Client Manager, borrower, counsel, construction consultants and title companies. Monitor documentation requirements and exceptions, including interest and past dues. May contribute to the training of junior associates. Responsible for managing construction draw process, including reviewing construction draw packages, identifying and helping to resolve construction and title issues, keeping accurate records of loan budget, monitoring non-loan sources of funds for certain product types, and ensuring loan is in balance in accordance with approval. Primary responsibility is to serve as point of contact for clients on all loan related servicing matters for complex real estate loans, including construction, term, lines of credit, and letters of credit, some of which may be syndicated. Independently reviews loan approval and loan documents to ensure client adherence to requirements of the loan. Responsible for managing construction draw process, including reviewing construction draw packages, identifying and helping to resolve construction and title issues, keeping accurate records of loan budget, monitoring non-loan sources of funds for certain product types, and ensuring loan is in balance in accordance with approval. Work closely with Portfolio Manager, borrower, construction inspectors, title companies and counsel. Monitor documentation requirements and exceptions, including interest and past dues. Bachelor’s degree and/or accounting experience preferred. Previous real estate loan administration experience preferred. 2+ years of previous real estate loan administration experience or real estate paralegal experience; proficient computer skills, including Windows, Excel, Word and Outlook; excellent written and verbal communication skills; effective problem solving skills. Effective problem solving skills and ability to perform independent research required. Excellent written and verbal communication skills required. Proficient computer skills, including Windows, Excel, Word and Outlook required.
Job ID: 17051167
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