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Construction Loan Administrator (747-948)

Expired Job

Eagle Bancorp, Inc. Rockville , MD 20850

Posted 2 months ago

Manage the administration of the construction project from commencement to completion. Reviews construction documentation for completeness and accuracy. Requests any missing construction items. Sets up, monitors, and maintains construction loan information in construction loan budget system. Reviews and processes draw submissions to disburse loan funds. Performs other administrative work as needed.

  • Consistently provide excellent customer services to external and internal customers.

  • Reviews and processes draw submission to disburse loan funds which includes making sure all regulatory and compliance requirements are adhered to.

  • Reviews loan commitment, approval, loan agreement, note, insurance certificates, title policy.

  • Communicates and resolves budget and project issues with borrower and lender.

  • Updates the construction loan budget system and makes sure it is in balance with Bank's core system after funding.

  • Coordinates and resolves inspection and title issues.

  • Disburses loan funds via Direct Deposit Account, wire or check.

  • Reviews construction documentation to ensure Bank's core system mirrors the construction loan agreement.

  • Requests missing construction documents/items if needed.

  • Adds new loans and budgets in construction loan budget system and/or updates existing ones as modified/approved.

  • Follows-up and resolves any funding hurdles with the borrower and appropriate internal personnel.

  • Updates Expected Funding Report.

  • Performs other administrative work - scans, files, cuts checks.

  • Other duties as assigned.

Required Skills

  • Basic computer and office equipment skills.

  • Advanced working knowledge of MS Office, specifically Excel.

  • Proficient in bookkeeping.

  • Working knowledge of loan documents.

  • Highly motivated, self-driven individual who can think strategically, operate independently and take accountability for the function.

  • Ability to motivate, influence and collaborate with others both internally and externally.

  • Must have the ability to multi-task in a fast paced environment and prioritize your focus on most impactful activities.

  • Strong oral and written communication skills when interacting with internal and external clients.

  • Strong analytical, critical thinking and problem solving skills.

  • The ability to be able to lift up to 30 pounds.

  • Some travel may be required.

  • Demonstrates a commitment to Relationships FIRST in all areas of job performance.

Required Experience

  • High School diploma or equivalent required.

  • At least three (3) years of banking experience, specifically in construction, loan administration, or loan documentation, required.

  • Bookkeeping, Accounting or Banking Coursework preferred.

We are an equal opportunity employer. Employment selection and related decisions are made without regard to sex, race, age, disability, religion, national origin, color or any other protected class.

Job Location Rockville, Maryland, United StatesPosition TypeFull-Time/Regular

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Construction Loan Administrator (747-948)

Expired Job

Eagle Bancorp, Inc.