Homebuilder Finance Loan Administrator

Columbia Bank • Kirkland, WA

8d • $74,654 - $106,650 • Onsite

About The Position

About the Role: Responsible for the administration and management of the Commercial loan process including the documentation, closing, file maintenance and data input. Manages and monitors complex loans on an ongoing, day-to-day, and transactional basis working in close partnership with the Commercial Relationship Manager. Acts as the primary liaison with customers, attorneys, inspectors and title company representatives, during all phases of financing. Ensures all terms of the loan as approved are incorporated in the loan documents. Ensures all closing conditions are met and loans are closed and disbursed within time frames. Responsible for set up and monitoring loan and financial ticklers to ensure accuracy and timeliness. Administers a real estate portfolio in accordance with credit policy requirements for risk management. Analyzes title insurance commitment reports including title exceptions and prepares tile/escrow instructions. May provide monthly construction draw analysis, reconciliation and disbursement. May process all types of draw requests and recommend approval. Ensures all necessary documentation has been received. Prepares data input sheets and provides information so that loans may be boarded on the proper servicing system and ensures all loan coding is correct. Monitors note rate re-pricing, fixings and other pre-and post-closing tasks. Maintain files with sufficient documentation for third-party review; prepares files for timely audits. Reviews and analyzes land surveys and environmental reports. Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes. Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training. Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description. May be asked to coach, mentor, or train others and teach coursework as subject matter expert. Actively learns, demonstrates, and fosters the Columbia corporate culture in all actions and words. Takes personal initiative and is a positive example for others to emulate. Embraces our vision to become “Business Bank of Choice” May perform other duties as assigned.

Requirements

• 4-7 years — of relevant loan administration and real estate lending experience. (Required)
• Excellent analytical and problem-solving skills.
• Excellent loan administration experience with knowledge of letters of credit, borrower-based lending, multi-phased construction and multiple collateral properties.
• Thorough knowledge of commercial finance, law, documentation, accounting and data systems.
• Advanced technical expertise in loan closing and administration.
• Demonstrated ability to close commercial loans and administer complex commercial loan portfolios.
• Excellent written and verbal communication skills.
• Ability to work effectively with individuals and groups across the company to manage internal and external customer relationships.
• Proficiency with personal computers and related software packages such as Word and Excel, and other business machines.
• Ability to train and present to small and large audiences or has the interest in learning to train and present.

Nice To Haves

• High School Diploma/GED (preferred)
• Bachelor's Degree or Equivalent (preferred)

Responsibilities

• Administration and management of the Commercial loan process including the documentation, closing, file maintenance and data input.
• Manages and monitors complex loans on an ongoing, day-to-day, and transactional basis working in close partnership with the Commercial Relationship Manager.
• Acts as the primary liaison with customers, attorneys, inspectors and title company representatives, during all phases of financing.
• Ensures all terms of the loan as approved are incorporated in the loan documents.
• Ensures all closing conditions are met and loans are closed and disbursed within time frames.
• Responsible for set up and monitoring loan and financial ticklers to ensure accuracy and timeliness.
• Administers a real estate portfolio in accordance with credit policy requirements for risk management.
• Analyzes title insurance commitment reports including title exceptions and prepares tile/escrow instructions.
• May provide monthly construction draw analysis, reconciliation and disbursement.
• May process all types of draw requests and recommend approval.
• Ensures all necessary documentation has been received.
• Prepares data input sheets and provides information so that loans may be boarded on the proper servicing system and ensures all loan coding is correct.
• Monitors note rate re-pricing, fixings and other pre-and post-closing tasks.
• Maintain files with sufficient documentation for third-party review; prepares files for timely audits.
• Reviews and analyzes land surveys and environmental reports.
• Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training.
• Keeps up to date on regulation changes.
• Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.
• Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description.
• May be asked to coach, mentor, or train others and teach coursework as subject matter expert.
• Actively learns, demonstrates, and fosters the Columbia corporate culture in all actions and words.
• Takes personal initiative and is a positive example for others to emulate.
• Embraces our vision to become “Business Bank of Choice”
• May perform other duties as assigned.

Benefits

• We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED