Relationship Administrator III Construction Servicing

Job Description:

Leads the effort in the pre-closing and closing process on 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 prepared by counsel to ensure consistency and adherence to requirements. Works closely with Client Manager, borrower, counsel, construction consultants and title companies. Monitors documentation requirements and exceptions, including interest and past dues. Contributes to the development and 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. Has three or more 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. Bachelors degree and/or accounting experience preferred.

Required skills:
Three or more years previous commercial real estate construction loan administration experience

Finance or Accounting experience

Excellent written and verbal communication skills

Understanding of regulatory requirements and credit and operational risk management

Ability to influence, effectively collaborate and coordinate servicing activities with a variety of business partners

Excellent organizational and time management skills with ability to simultaneously manage multiple loan disbursements and competing priorities

Technically proficient, including Windows, Excel, Word, and Outlook

Solution oriented problem-solving skills

Knowledge of CDB Construction Loans, LoanIQ and Aries is a plus

Servicing knowledge of Special Asset Loans resolving issues, Defaults, Foreclosure, Litigation, Bankruptcy, and Judgments is a plus

Other Qualifications:

Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions

Excels in working among diverse viewpoints to determine the best path forward

Experience in connecting with a diverse set of clients to understand future business needs is a continuous learner

Commitment to challenging the status quo and promoting positive change.

Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base

Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world