Commercial Loan Administrator
Company: Northwest Bank
Location: Boise
Posted on: May 26, 2023
Job Description:
Job SummaryThis position is responsible for supporting
construction loan administration and servicing commercial and SBA
loans for all types of collateral. Functions as part of a team and
individually to ensure a high level of customer service to internal
customers as well as bank clients in a professional manner.
-Primary Responsibilities
Perform assigned duties in accordance
with the Bank's Mission, Vision and Core Values; and provide the
Bank's customers with timely, responsive and exceptional service in
accordance with the Bank's customer service standardsProvide
administrative support for business, SBA, construction, and
commercial real estate loans on an ongoing, day-to-day basis,
including note boarding, servicing, file maintenance, draw support
and research.Administer construction loans, including ordering
inspections and title date-downs, reviewing invoices, lien waivers,
prepare and balance loan budgets, and process draws. In addition,
would be responsible for assisting with the monthly reporting
required for construction loan portfolio and maintaining up-to-date
construction draw procedures. Assist with appraisal orders,
inquiries, and payment of invoices. Assist with maintaining an
up-to-date approved appraiser list.Perform quality control review,
post-closing, for accuracy of loan boarding to ensure data matches
the loan documents.Analyze collateral to ensure flood requirements
meet regulation. Ensure loan closing packages meet bank flood
policy prior to disbursing loan proceeds and completing data input
into core system. Assist with information gathering for ongoing
audits and exams.Identify and resolve exceptions through research
and monitoring of system output.Responsible for providing
outstanding customer service and responding to requests, including
escalating problems and making recommendations to internal and
external customers.Balance general ledger accounts daily and
prepare monthly certifications.Review daily system reports and
resolve issues as needed.Process participation loan activity, to
include note boarding, monthly balancing and payment
remittances.Prepare and process payoff quotes and collateral
releases.Scan loans into the AccuAccount imaging system in a timely
manner, ensuring that the system is properly maintained with
sufficient documentation for third-party loan review. - Maintain a
working knowledge of, and compliance with, all banking regulations
related to the lending function and other areas of the Bank as
appropriate.Perform other duties as assigned.
-Required Qualifications
3-5 years of experience in commercial
& construction loan administration.Familiarity with real estate
terminology and knowledge of commercial and commercial real estate
lending practices.Effective oral and written communication
skills.Attention to detail.
-Preferred Qualifications
Exceptional client service skills,
both internal and external.Working knowledge of commercial loan
documentation and closing processes.Proficient computer skills with
collaboration and productivity tools including Windows-based
operating systems and office suites (Microsoft Word, Outlook,
Excel, PowerPoint); spreadsheet applications to organize data used
for advanced data analysis; internet; email; and bank
software.Powered by JazzHR
Keywords: Northwest Bank, Boise , Commercial Loan Administrator, Accounting, Auditing , Boise, Idaho
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