Job Information
Banner Bank Senior CRE Closing Administrator (Remote -CA, OR, WA &ID) in Clyde Hill, Washington
As a Senior CRE Closing Administrator you will be responsible for documenting and closing of CRE/C&D; Affordable Housing commercial real estate loans by coordinating with relationship managers, borrowers, legal counsel, title officers and third-party consultants. In this role you will have the opportunity to: Responsible for accurate and timely preparation in documentation on complex real estate transactions including review of collateral and preparation of appropriate security agreements. Also responsible for mentoring and training new closing administration staff. Performs updates to the system of record on new loans, existing loans, and modifications. Responsible for reviewing appraisal and preconstruction evaluation on new construction and development loans. Balance through evidence of pre-paid construction costs prior to loan closing. Administers loan disbursements in accordance to loan administration policy and guidelines. Partner with third party inspectors to identify, evaluate and elevate any issues regarding construction budget and construction schedule. Oversees and manages loan files to assure accurate reports, statements, and accounting information. Assist in establishing and maintaining lien perfection on various collateral. Responsible for complying with policies, procedures, security requirements, and government regulations. Education & Certifications Bachelor's Degree: Accounting, Business, Economics, Law, Computer Science or other related field required (an equivalent combination of education and experience may be considered) Experience 6 or more years of experience in commercial real estate banking required Knowledge, Skills and Abilities Ability to analyze loan documentation and verify compliance with credit approval. Knowledge of credit policy and procedures. Ability to work directly with outside counsel negotiating loan documentation in accordance with credit approval. Possess strong verbal and written communication skills. Demonstrated analytical ability. Proficient in Word, Excel, and spreadsheet software. Extensive understanding of AIA documentation and budget balancing requirements. Knowledge of federal and state laws and regulations relating to residential and commercial real estate lending. Travel 0% Compensation & Benefits Targeted starting compensation range is based on location and experience: $$77,606- $102,258 Incentive and commission compensation may be awarded for eligible roles Comprehensive employee benefits, including medical, dental, vision, LTD, STD and life Paid vacation time, sick time, personal days, paid volunteer time and 11 company paid holidays 401k (up to 4% match with immediate vesting) Tuition reimbursement up to $5,250 annually (minimum service requirement) Read more about these and additional benefits at: Employee Benefits | Banner Bank Banner Bank is an Equal Opportunity Employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, marital status, age, disability or protected veteran status.
