Loan Administrator

At Dallas Capital Bank we are proud to bring a world-class banking experience that combines new technology with unceasing service to the Dallas metroplex and the people who make it strong. We take pride in understanding our clients and the time to recognize their needs. Combining years of proficiency with a heart for service our team is ready to partner with our clients and provide the support and guidance they deserve.

We are centrally located in Dallas at Spring Valley and Dallas North Tollway.

We are searching for a talented analytical and high-performing individual who wants stability growth opportunity and an excellent compensation and benefits package. The ideal candidate will be responsible for processing various types of commercial and consumer loan advance transactions including revolving and committed lines of credit and construction draws for residential and commercial real estate properties. Responsible for managing documentation related to residential and commercial construction projects including communication with third-party contractors regarding specs plans budgets etc. In addition this role processes ongoing servicing requests for the consumer and commercial loan portfolio.

ESSENTIAL RESPONSIBILITIES:

• Monitor multiple Loan Advance group email boxes and respond to all requests/submissions within stated Service Level Agreements.
• Process all commercial line of credit advance requests in accordance with bank policy and in compliance with the loan documentation.
• Process all Commercial Real Estate construction advance requests to include ordering inspections ordering endorsements from title companies tracking construction budgets and collecting/reviewing all required construction due diligence items.
• Verify all requirements are met (per the loan documentation) prior to releasing loan funds assist with exception tracking down-date endorsements lien waivers and final project updates for both system and file documentation.
• Monitor track and collect all outstanding collateral and/or documentation exceptions prior to advancing.
• Coordinate with Relationship Managers the Credit Team Borrowers and Loan Operations Managers to obtain the proper approvals to advance funds.
• Process participation loan advance requests and verify all participating parties are in balance before and after each transaction.
• Assist with payment processing.
• Assist with research regarding active construction projects reconcilements and loan servicing transactions.
• Assist the management team in the preparation of support material associated with internal and external audits and/or bank exams.
• Assist with loan review and imaging activity as needed.

QUALIFICATIONS:

• Bachelors Degree or equivalent work experience
• 2 years Commercial Loan Servicing Experience required
• 2 years experience with Commercial loan documentation in any capacity required
• 2 years construction loan servicing experience or experience with construction lending in a similar capacity preferred
• Experience with FIS products a plus.
• Ability to read and understand complex materials including attorney prepared loan documents.
• Must have a thorough understanding and knowledge of lending regulations and compliance issues associated with various types of loans. (Commercial Commercial Real Estate Consumer Loan Participations).
• Must have a thorough understanding of the various types of lending contracts such as a Deed of Trust Mechanics Lien Promissory Note Security Agreement UCC recording etc.
• Knowledge of the basic provisions of state and federal laws (Reg Z HMDA CRA) pertaining to lending collateral perfection of liens and valid checks.
• Knowledge of various requirements and documentation related to funding commercial and residential construction projects.
• Excellent verbal and written skills with the ability to communicate quickly effectively and professionally.
• Deadline-driven with good organizational skills and strong attention to detail.
• Must be able to utilize standard business etiquette and work independently adhering to policies and procedures by utilizing judgment and discretion in problem solving.
• A willingness to learn new procedures and adapt to changes in the work environment.
• Proficient with Microsoft Office Suite (Outlook Word Excel).

WORKING CONDITIONS / ENVIRONMENT:

HOURS: Monday Friday; 40 hours per week; 8:00am 5:00pm

Some variation in work hours may be required as job duties demand.

Onsite or Non-Remote

TRAVEL: None

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

The job operates in a generally comfortable and professional office environment with some moving about the bank. This role performs a variety of tasks under regular deadline pressure with changing priorities and regular interruptions. Can be stressful due to multiple reporting relationships. Pressure of incurring penalties and/or monetary loss as a result of inaccurate payoff quotes release of wrong piece of collateral or promissory note failure to file the necessary documents to perfect the banks collateral or CRA and HMDA data is incorrect and/or not submitted in a timely manner. Routinely uses standard office equipment such as telephone computer keyboard mouse photocopier ten-key filing cabinets and fax/scan machines. Verbal and written communication skills along with telephone and computer usage are critical to the job. Must be able to think quickly and effectively in the event of a demanding situation. While performing the duties of this job the employee is regularly required to sit or stand talk and hear. This role requires viewing a computer screen and frequent repetitive use of a keyboard for approximately 6 hours per day.

Please note this job post is not designed to cover or contain a comprehensive listing of activities duties or responsibilities that are required of the employee occupying this position. Duties responsibilities and activities may change at any time with or without notice.

If offered employment you will be required to and hereby authorize to submit fingerprints which will be run through a national database for investigative purposes.

Required Experience:

Unclear Seniority