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Senior CRE Closing Administrator (Remote -CA, OR, WA &ID)

Remote:

Full Remote

Contract:

Full time

Salary:

78 - 102K yearly

Experience:

Senior (5-10 years)

Work from:

District of Columbia (USA), Washington (USA), United States

Offer summary

Qualifications:

Bachelor's Degree in relevant fields required, 6+ years of commercial real estate banking experience, Strong knowledge of credit policies, Proficient in Word, Excel, and spreadsheets, Familiarity with AIA documentation.

Key responsabilities:

Document and close complex real estate loans
Mentor and train new closing administration staff
Administer loan disbursements according to guidelines
Review appraisals and oversee loan files
Ensure compliance with policies and regulations

Banner Bank Banking Large https://www.bannerbank.com/

1001 - 5000 Employees

See more Banner Bank offers

Job description

As a Senior CRE Closing Administrator you will be responsible for documenting and closing of CRE/C&D; Affordable Housing commercial real estate loans by coordinating with relationship managers, borrowers, legal counsel, title officers and third-party consultants.

In this role you will have the opportunity to:

Responsible for accurate and timely preparation in documentation on complex real estate transactions including review of collateral and preparation of appropriate security agreements. Also responsible for mentoring and training new closing administration staff.

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 to 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.

Education & Certifications

Bachelor's Degree: Accounting, Business, Economics, Law, Computer Science or other related field required (an equivalent combination of education and experience may be considered)

Experience

6 or more years of experience in commercial real estate banking required

Knowledge, Skills and Abilities

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.

Travel

Compensation & Benefits

Targeted starting compensation range is based on location and experience: $$77,606- $102,258