Real Estate Credit Admin

COMMUNITY NATIONAL BANK•Midland, TX

8d•Onsite

About The Position

This role is responsible for generating weekly interim construction loan reports and organizing the interim construction inspection process. The position involves ordering inspections from third-party inspectors, reviewing these inspections and interim construction draws for accuracy, and serving as a liaison for commercial and consumer appraisal processes. The Real Estate Credit Admin will also perform other projects as needed and ensure compliance with banking laws, regulations, and company policies.

Requirements

Strong Microsoft Excel, Word, and Outlook skills.
Capacity to learn and efficiently utilize various other computer programs including Premier Business Analytics and SageWorks.
Advanced level of knowledge with regard to lending practices and institutions specific lending guidelines regarding real estate construction lending.
Advanced knowledge of real estate loan products, appraisal policy, loan policy, USPAP guidelines.
Aptitude for coordinating and prioritizing multi-tasked responsibilities.
Aptitude for objectively and independently evaluating risk in inspection analysis and demonstrating high quality judgment, organization, and prioritization skills.
Competent in analyzing large amounts of data and thinking independently.
Excellent written and oral communication skills.
Capability in handling sensitive and confidential information in a professional manner.
A minimum of 3 years of combined related experience in a loan review, operations, credit analysis or real estate transaction related function is required.

Responsibilities

Generate weekly interim construction loan reports and organize the interim construction inspection process.
Order inspections from 3rd party inspectors.
Review interim construction draws and 3rd party inspections for accuracy.
Serve as general liaison for commercial and consumer appraisal processes.
Stay up to date on and comply with all applicable banking laws and regulations as well as CNB policies and procedures.
Review bank process ensuring compliance with relevant laws and regulations and uphold the written policy.
Maintain a routine and adequate interim construction inspection process on interim construction loans in accordance with policy.
Communicate with 3rd party inspectors and provide guidance or feedback on any construction projects in question.
Generate weekly reports on interim construction loans from Business Analytics for the organization and maintenance of the interim construction inspection log.
Review 3rd party inspector invoices for accuracy and promptly submit to the Accounting Department for payment.
Review and assess the adequacy of interim construction draw forms for interim construction loans according to construction draw guidelines.
Maintain regular and punctual attendance.
Work cooperatively with others.
Work overtime as needed.
Perform other duties as required or assigned which are reasonably within the scope of the duties in this job classification.
Serve as a liaison between bank departments and appraisers.
Verify all factual data contained in appraisal reports.
Send received appraisal reports to corresponding 3rd party reviewer.
Send completed and reviewed appraisal reports to the correct person(s).
Handle telephone inquiries pertaining to appraisal and evaluation information.
Continuously search regulations affecting real estate appraisals in order to report any changes to management.