Commercial Real Estate Loan Administrator Denver, CO

At Vectra Bank were proud to serve the Rocky Mountain region with the strength of a large financial institution and the personal touch of a community bank. Recognized as a Top Workplace we combine deep resources with attentive relationshipdriven service to support families businesses and the communities we call home.

Were committed to creating a great place to build a career welcoming employees whose talent drive and diverse perspectives help us deliver custom financial solutions. With dayone benefits ample growth opportunities and a culture centered on listening collaboration and care Vectra Bank is a place to grow thrive and make a meaningful impact. We believe we are Big enough to count and small enough to care.

With benefits starting on day one over 11 bank holidays and a company committed to career growth and advancement we are dedicated to being an employer of choice in our industry and community. At Vectra Bank the possibilities are endless come for a job stay for a career.

We are looking for a Commercial Real Estate Loan Administrator in Denver CO.

Essential Functions:

Coordinates the closing of residential and commercial real estate loans in accordance with loan approval terms legal requirements and bank policy.

• Contacts companies borrowers and attorneys to ensure completeness of documents.
• Order Commercial Real Estate and Homebuilder (Acquisition and Development and Vertical) appraisals in accordance with policy requirements
• Maintain homebuilder borrowing bases and process draws take downs and supporting documentation
• Performs document negotiations calculations and preparation of settlement statements.
• Reviews preliminary title reports exceptions surveys and project due diligence.
• Prepares the loan for transition to the disbursement analyst.
• Works in a fast paced deadline-driven environment.
• Other duties as assigned.

Qualifications:

• Requires a bachelors degree and 2 years of residential and commercial loan processing documentation or other directly related experience. A combination of education and experience may meet qualification.
• Basic knowledge of lending procedures documentation and systems.
• Limited use and/or application of basic Real Estate loan administration principles theories and concepts.
• Good interpersonal and communication skills both verbal and written.
• Good organizational problem solving and analysis skills.
• Ability to meet deadlines and multi-task.
• Requires good time management skills.
• Knowledge of compliance with federal and state regulations pertaining to the banking industry.
• Sound judgment and decision-making ability.
• Personal computer skills to include MS Office including word processing spreadsheets.

Benefits:

• Medical Dental and Vision Insurance - START DAY ONE!
• Life and Disability Insurance Paid Parental Leave and Adoption Assistance
• Health Savings (HSA) Flexible Spending (FSA) and dependent care accounts
• Paid Training Paid Time Off (PTO) and 11 Paid Federal Holidays and any applicable state holidays
• 401(k) plan with company match Profit Sharing competitive compensation in line with work experience
• Mental health benefits including coaching and therapy sessions
• Tuition Reimbursement for qualifying employees enrolled in an accredited degree program related to the needs of the business maximum of $5250 per calendar year employees are eligible for the program upon hire
• Employee Ambassador preferred banking products

This position is eligible to earn a base salary in the range of $80000 $100000 annually depending on job-related factors such as level of experience and location.