logo

JobNob

Your Career. Our Passion.

Construction Loan Administrator Sr


Huntington Bank


Location

Minnesota | United States


Job description

Construction Loan Administrator Sr Location Hybrid remote in Minnesota :

Description

Summary:

Construction Loan Administrator Sr.'s are team-oriented, analytical, and responsible for loan administration of a residential portfolio of loans which requires accountability for risk management and customer service in a dynamic business development environment. Will work directly with customers, third parties, Mortgage Loan Officers, Mortgage Loan Processors, Loan Closers, and Managers.

This position is required to work 8:00 am to 5:00 pm CST / 9:00 am to 6:00 pm EST.

Duties & Responsibilities:

  • Responsible for integrity of overall residential loan administration (post-closing to modification/payoff) for assigned loans and customers; ownership for monitoring terms of loan agreement and policy/procedure/compliance requirements, with consistently accurate analysis and attention to detail.
  • Responsible for construction draw monitoring, including critical analysis of detailed construction documentation, sources and uses, title, surveys, inspections, insurance, and related requirements for managing construction risk.
  • Manages customer requests within the terms of residential real estate loan documentation, bank policy and business segment procedures, always with the goal of enhancing the customer experience. Includes renewals, extensions, modifications, draws, payments/wire transfers, and insurance, etc.
  • Responsible for ongoing portfolio review and analysis for identification of potential risks and adverse situations that may impact the bank's interest. Communicates and escalates such risks, pursues corrective action and drives solutions.
  • Develops and maintains positive relationships with customers, title companies, construction consultants and contractors.
  • Responsible for the collection, review, and maintenance of due diligence & customer information.
  • Maintains accuracy of loan and customer information on system of record and works with Mortgage Loan Servicing to escalate and resolve errors as necessary.
  • Maintains complete and organized customer records / files (both paper and electronic).
  • Provides support and coverage when other team members are out of the office.
  • May organize the work flow and/or review the work of other colleagues.
  • Performs other duties as assigned.

Basic Qualifications:

  • High School Diploma or GED
  • At least 3 years of experience in mortgage loan processing or closing

Preferred Qualifications:

  • Experience working with Construction loans a plus
  • Demonstrates confidence, assertiveness, professionalism, and ability to interact with all levels within the organization in a professional manner.
  • Proficient use of Microsoft Office software, NetOx and MSP is preferred.
  • Excellence in customer service, highly motivated, focused and goal oriented.
  • Excellent written and verbal communication skills, including grammar and demeanor.
  • Strong mathematic, analytic, and organizational skills with attention to detail, planning and follow-up.
  • Ability to work independently on multiple tasks without compromising quality.

#LI-Hybrid

#LI-NA1

Exempt Status: (Yes = not eligible for overtime pay) ( No = eligible for overtime pay)

No

Applications Accepted Through:

03/15/2024

Huntington expects to accept applications through at least the date above, and may continue to accept applications until the position is filled.

Workplace Type:

Hybrid

Compensation Range:

$24.00-$28.00 Hourly

The compensation range represents the low and high end of the base compensation range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).

Huntington is an equal opportunity and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law.

Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.

Agency Statement: Huntington does not accept solicitation from Third Party Recruiters for any position


Job tags

Hourly payHoliday workFull timeFor contractorsLocal areaRemote job


Salary

All rights reserved