Commercial Credit Construction Administrator I

M&T Bank

Paramus, New Jersey, United States of America
$75,900.00 - $126,500.00 annual (usd) py
Commercial real estate loan administration
Multi-family residential construction loan portfolio
Loan document review
Administers a Commercial Real Estate and multi-family residential construction loan portfolio from origination through payoff or rollover

Job Summary

  • Administers a Commercial Real Estate and multi-family residential construction loan portfolio from origination through payoff or rollover.
  • Coordinate with closing attorney, borrower, investors and participants for pre- and post-closing construction loan requirements for adequacy and compliance prior to loan settlement and/or advances.
  • Identify critical risks or project setbacks through careful analysis of title updates, draw back-up and budget updates and site inspections and escalate issues to appropriate internal and line management for resolution and approval.

Matching Summary

Administers a Commercial Real Estate and multi-family residential construction loan portfolio from origination through payoff or rollover.

Salary

$75,900.00 - $126,500.00 Annual (USD)

Skills & Requirements

Must-have

  • Commercial Real Estate loan administration
  • Multi-family residential construction loan portfolio
  • Loan document review
  • Construction loan requirements
  • Up-front equity verification
  • Loan budget analysis and maintenance
  • Covenant compliance tracking
  • Title requirements and lien priority

Nice-to-have

  • Belonging and M&T Bank brand promotion
  • Risk and regulatory standards adherence
  • Internal control standards maintenance

Key Requirements

  • Bachelor's degree or 6 years higher education/work experience
  • Minimum 2 years commercial real estate/multi-family closing, asset management, loan administration or underwriting experience

Work Rights

Not specified

Tailored Resume

Cover Letter