Loan Administrator - CRE - Construction

Associated Bank • Chicago, IL

12h • $23 - $40

About The Position

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you. Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process. Associated Bank conducts a thorough background check on all new hires. Join Associated Bank’s Commercial Real Estate (CRE) team. The Commercial Loan Administrator is responsible for facilitating the construction loan monitoring process within the Commercial Real Estate division. Their role ensures compliance with internal policies, regulatory standards, and operational procedures while maintaining data integrity and supporting the deal team and borrower throughout the loan lifecycle.

Requirements

• Bachelor’s degree or equivalent combination of education and experience in Business, Finance, or Accounting
• 3+ years customer service experience in a professional office setting.
• 3+ years experience in commercial or CRE finance, legal documentation, accounting, or data systems.

Nice To Haves

• 3+ years experience in loan administration , including construction loan monitoring and/or loan closing.
• 3+ years experience reviewing and analyzing credit and loan documents
• 3+ years commercial real estate due diligence review experience.

Responsibilities

• Coordinate and oversee the construction loan monitoring process, ensuring timely, compliant, and accurate execution of borrower advances
• Collaborate with Commercial Loan Services, Syndications, agent and member banks, title companies, inspecting architects and other stakeholders to resolve deal -related issues.
• Manage borrower communication and provide superior customer service to internal deal teams and borrowers throughout the construction draw process.
• Ensure compliance with Standard Operating Procedures (SOP), Loan Policy, regulatory requirements, and internal standard.
• Monitor and verify third-party reports, construction documentation and state lien law requirements for title practices and due diligence.
• Process construction loan draws, review due diligence, and confirm all post-closing and insurance items are satisfied before funding.
• Maintain data integrity across systems and documentation; identify and resolve internal issues proactively.
• Support syndication activities by managing loan documentation, timing, and funding when Associated Bank acts as Administrative Agent.

Benefits

• Retirement savings including both 401(k) and Pension plans.
• Paid time off to volunteer in your community.
• Opportunities to connect with others through our diversity-focused Colleague Resource Groups.
• Competitive salaries with professional development and advancement opportunities.
• Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.
• Personal banking, loan, investment and insurance benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level