Construction Loan Administrator

IDB Bank

New York, NY, United States
Base: $80,000 to $110,000 annually; bonus: eligibl...
On-site
Construction loan administration experience
Proficiency in word and excel
Ability to establish draw schedules
The role involves administering a portfolio of complex construction loans including commercial, residential, and land development projects

Job Summary

  • The role involves administering a portfolio of complex construction loans including commercial, residential, and land development projects.
  • Candidates will coordinate site inspections, set up monitoring workbooks, and review draw requests to identify budget problems.
  • The company offers a comprehensive benefits package including medical coverage, 401(k) participation on day one, and generous paid time off.

Matching Summary

The role involves administering a portfolio of complex construction loans including commercial, residential, and land development projects.

Salary

Base: $80,000 to $110,000 annually; Bonus: Eligible for annual bonus; Benefits: Medical, dental, vision, life insurance, 401(k), tuition reimbursement

Skills & Requirements

Must-have

  • Construction loan administration experience
  • Proficiency in Word and Excel
  • Ability to establish draw schedules
  • Review of inspection reports for accuracy
  • Understanding of AIA construction documents

Nice-to-have

  • Familiarity with LoanIQ or similar systems
  • Strong independent decision-making skills
  • Excellent communication and organization skills
  • Experience with commercial and residential loans

Key Requirements

  • Bachelor's degree in Business preferred
  • Minimum 3-5 years of relevant experience
  • Hybrid work schedule availability

Work Rights

Not specified

Tailored Resume

Cover Letter