CRE Loan Administrator

Description

Summary:

The Commercial Loan Administrator will demonstrate an intermediate understanding of the commercial and construction loan process and support high-profile customers with complex credit and construction loan structures. Is responsible for timely and accurate administration of loan servicing for assigned customers. This senior colleague is to possess strong critical thinking and analytical skills and have an ability to effectively negotiate. They will also be responsible to review and be the secondary approver of construction draws and funds movement transactions processed by other Commercial Loan Administrators.

Duties and Responsibilities:

• Works with Loan Closing Specialists, Relationship and Portfolio Managers, pre- and post-closing, to review construction due diligence, evaluate the plan and cost review, identify and manage potential risk and issues for new construction loans.
• Obtain and analyze construction documents such as inspection reports, waivers of lien, sworn statements, endorsement letters, and other items needed to determine appropriate amounts to be advanced.
• First-line decision makers who will exercise discretion to mitigate issues and questions being elevated to management and keeps Relationship and Portfolio Managers abreast of material changes and risk with construction completion delays, increases to overall construction budget including interest reserve deficiencies and other customer activity.
• Evaluates and processes customer requests for various types of disbursements, interest payments, wire transfers, collateral releases, loan payoffs and interest reserve calculations, within the terms of loan agreement and in adherence to bank policy and procedures.
• Maintains accuracy of loan and customer information on system of record, draw checklist, certifications, and construction due diligence documents and updates reporting. 
• Develop relationships and collaborate with internal partners, customers, title companies, construction consultants, and contractors.
• Proactively and efficiently manage workflow.
• Performs other duties as assigned.

Basic Qualifications:

• Bachelor’s Degree
• 3-5+ years of Commercial Real Estate construction loan administration experience

Preferred Qualifications:

• Experience with Low-Income Housing Tax Credit (LIHTC) programs
• Demonstrates confidence and professionalism, with the ability to collaborate and interact with all levels within the organization.
• Proficient use of Microsoft Office and other digital resources
• Excellence in customer service, initiative-taking, focused and goal oriented.
• Excellent written and verbal communication skills, including grammar and demeanor.
• Strong organizational skills with diligence, planning and follow-up.
• Ability to work independently on multiple tasks without compromising quality.
• Adaptable to change.

Exempt Status: (Yes= not eligible for overtime pay) (No= eligible for overtime pay)

Workplace Type:

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds:  in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Huntington is an equal opportunity and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law.

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Agency Statement: Huntington does not accept solicitation from Third Party Recruiters for any position

Huntington will not sponsor applicants for this position for immigration benefits, including but not limited to assisting with obtaining work permission for F-1 students, H-1B professionals, O-1 workers, TN workers, E-3 workers, among other immigration statuses. Applicants must be currently authorized to work in the United States on a full-time basi