Sr Construction & CRE Loan Administrator

Job Description Summary

• Reviews closes and processes modifications/extensions payments rate changes payoffs partial releases full releases and exceptions
• Administers the construction draw process which includes reviewing budgets and ensuring that the loans are balanced (including letter of credit exposure); reviews inspection reports identifies and resolves construction and title issues. Ensures that requests are in accordance with governing loan documents and procedures and that all required approvals have been received
• Administers swapped loans (if assigned) including onboarding new swaps manual monthly reconcilement of billing applying and requesting payments to the loan and swap
• As needed coordinates the loan closing process including performing necessary due diligence gathering client data reviewing loan approvals and executed documents reviewing the initial draw request preparing funding requests and following up on post-closing exceptions
• Works closely with loan closers relationship managers portfolio managers internal and external counsel borrowers and all other authorized parties affiliated with each loan transaction

• High School Diploma or equivalent; post-secondary degree preferred
• A minimum of 4 years of financial industry experience including 2 years of loan administration or loan operations experience
• Commercial/Construction Real Estate Loan Administration experience preferred
• Understanding of interest rate swaps preferred.

• Demonstrated knowledge of loan documentation and lending regulations and ability to effectively interface with customers internal and external counsel compliance credit title companies inspectors insurance companies and other external contacts
• Job may require additional hours of work during peak periods to meet service levels

Travel

Workstyle

The total compensation for this position includes base salary or wages and may include components such as additional compensation (cash or equity) discretionary bonuses or commissions. This position is eligible for a benefits package that may include medical dental and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation holidays and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered visit .

At Raymond James our associates use five guiding behaviors (Develop Collaborate Decide Deliver Improve) to deliver on the firms core values of client-first integrity independence and a conservative long-term view.
We expect our associates at all levels to:
Grow professionally and inspire others to do the same
Work with and through others to achieve desired outcomes
Make prompt pragmatic choices and act with the client in mind
Take ownership and hold themselves and others accountable for delivering results that matter
Contribute to the continuous evolution of the firm

At Raymond James as part of our people-first culture we honor value and respect the uniqueness experiences and backgrounds of all of our Associates. When associates bring their best authentic selves our organization clients and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.