Construction Loan Administrator II

About the role

We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

Responsibilities

• Manage and identify construction risks associated with complex commercial construction loan closings and disbursements.
  • Complete a detailed analysis of project budgets.
  • Review sufficiency of supporting documentation.
  • Determine whether the loan remains in balance.
• Identify non-compliance with loan documentation provisions and internal Commercial Real Estate Policy and Procedures.
• Handle balancing of draws according to established department templates and overall project tracking in department SharePoint site.
• Perform timely review of draw packages received from borrower and GC, supporting documentation, inspection report and title endorsement.
• Raise budget fluctuations and documentation inconsistencies with assigned Construction Loan Project Manager and provide recommendations for resolution.
• Present next steps to borrower and keep Construction Loan Project Manager informed along with line of business partners.

Requirements

• Undergraduate degree in Business or Accounting or equivalent related work experience.
• 3-5+ years administering complex commercial construction loan disbursements preferred.
• Strong customer service skills, an aptitude for numbers and budgets, a general understanding of loan documents and loan terms, and a desire to learn are musts.
• Ability to identify construction risks and present solutions to mitigate risks on all project types.
• Strong verbal and written communication skills.
• Understanding of internal operation functions and commercial real estate lending.
• Skilled in problem solving and customer service.
• Ability to manage details, approach work in a highly systematic way, and have a high commitment to accuracy.
• Proficient in basic software applications such as Microsoft Word and Excel.
• Ability to learn automated data analysis tools and techniques.

Qualifications

• Ability to execute with limited supervision required.

Skills

• Strong customer service skills.
• An aptitude for numbers and budgets.
• A general understanding of loan documents and loan terms.
• The ability to identify construction risks and present solutions to mitigate risks on all project types.
• Strong verbal and written communication skills.
• Understanding of internal operation functions and commercial real estate lending.
• Skilled in problem solving and customer service.
• Ability to manage details, approach work in a highly systematic way, and have a high commitment to accuracy.
• Proficient in basic software applications such as Microsoft Word and Excel.
• The ability to learn automated data analysis tools and techniques.

Benefits

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

Pay

Total Base Pay Range: $54,400.00 - $111,500.00 USD Annual

Schedule

Not specified