Commercial Real Estate Loan Administrator - Denver, CO

Vectra Bank • Denver, CO

1d • $80,000 - $100,000

About The Position

At Vectra Bank, we’re 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, relationship‑driven service to support families, businesses, and the communities we call home. We’re 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 day‑one 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.

Requirements

• Requires a bachelor's 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.

Responsibilities

• 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.

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 $5,250 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 $80,000 – $100,000 annually depending on job-related factors such as level of experience and location.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 251-500 employees