construction loan administratier

Company: Emonics, LLC
Location: Plano
Posted on: January 25, 2023

Job Description:

Job Title: Relationship Administrator III - Construction Servicing
Job Location: Plano, TX or Chicago IL, or Jacksonville FL or Chatlotte NC
Job Type: Permanent/Full Time

Jon Requirementts:
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

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

Keywords: Emonics, LLC, Plano , construction loan administratier, Professions , Plano, Texas