Construction Loan Administrator - Real Estate Finance
Firstrust Bank · Conshohocken, PA · 1 mo ago
Full-time
We need to output HTML fragment with headings for sections: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. Only include sections where posting has real specific content. We must not repeat job title. No Job ID etc. Remove boilerplate like EEO, accommodation instructions, etc. Also remove duplicated lines.
We need to parse the posting.
First line: "FIRSTRUST BANK Recognizes the leader in you As one of the region’s foremost community banking institutions, we take pride in fostering leadership. As a Firstrust employee, your growth is our growth. For you, that means great benefits, performance-based pay, a meaningful role, and resources to help your success. For us, that means employees who offer exemplary customer service with a commitment to our values - honesty, integrity and accountability. *Hybrid Position*"
That's about the role: description of company, benefits, hybrid position. So we can have
for sections: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. Only include sections where posting has real specific content. We must not repeat job title. No Job ID etc. Remove boilerplate like EEO, accommodation instructions, etc. Also remove duplicated lines.
We need to parse the posting.
First line: "FIRSTRUST BANK Recognizes the leader in you As one of the region’s foremost community banking institutions, we take pride in fostering leadership. As a Firstrust employee, your growth is our growth. For you, that means great benefits, performance-based pay, a meaningful role, and resources to help your success. For us, that means employees who offer exemplary customer service with a commitment to our values - honesty, integrity and accountability. *Hybrid Position*"
That's about the role: description of company, benefits, hybrid position. So we can have About the role
with paragraph(s) containing that info.
Next: "Responsible for the administration and servicing of more complex construction loans from initial set up to full repayment. Reviews and interprets legal documents to be in accordance with the approved terms. Prepares new loan data entry forms, reviews and monitors construction loans for completeness and accuracy for which data was entered. Responsible for the review and collection of the loan’s initial documentation, information integrity and accuracy. Processes periodic disbursement requests and repayment receipts."
Then "Job Duties And Responsibilities" followed by a long list of duties. So we need Responsibilities section with - items.
We need to extract each duty as bullet.
Let's list duties:
- Works with Operations Unit Manager, Real Estate Finance (REF) Risk Manager, Real Estate Finance (REF) Processor and Relationship Manager to set up new construction loans and request new loan numbers.
- For more complex construction loans, prepare new loan set-up data sheets and review new construction loan information in the Pipeline section of the construction loan system.
- Sets up loan budget; reviews data input for accuracy and assures that new loan set up line-item budgets are in accordance with approval.
- Understands and implements required primary and subaccount data entry input.
- Reviews essential documentation ensuring that original executed Note is received prior to funding.
- For all Real Estate Finance (REF) construction loans, assured pre-closing on-going draw disbursement funds are reserved with Finance Department Funds Manager and coordinates actual funding with Loan Operations Accountant at closing and for all subsequent draws.
- Set up construction loan disbursement files; set up new borrower portfolio files or assure new loan information is included in existing portfolio files.
- Enter all disbursement vouchers on the construction loan; track all Sales Agreements and/or Lease achievements on the construction loan.
- Assures receipt and approval of inspection and title bring down reports for all voucher requests.
- Schedules all disbursement transactions and input requests into the CONSTRUCTION LOAN system.
- Ensures all Letters of Credit are properly accounted for on the Construction Loan System Budget.
- Track the respective Township Release(s) for each Letter of Credit.
- Prepares and presents disbursement documentation from the system, monitors and balances disbursement report.
- Works with Operations Unit Manager and Real Estate Finance (REF) Reporting and Risk Management Unit Manager to assure accurate set up and administration of all loan Syndications/Participations – In or Out.
- Track escrow account information, ensuring complete accuracy of account information.
- Maintains the integrity of the system data.
- Reviews monthly interest billing statements for accuracy.
- Monitors’ interest reserve adequacy on all accounts; assures accurate billing if interest reserves are exhausted.
- Alerts management to process and procedural changes concerning the daily, monthly and continuing responsibilities associated with managing and controlling construction loan information interfaced with bank wide Accounting and Finance systems for the construction loan system used by the Loan Operations Accountant, lending staff and this position.
- Works with and coordinates specific job activities with the Real Estate Finance (REF) Construction Loan Processor to assure adequate backup.
- Provides excellent customer service to clients.
- Responds to general inquiries on loan status.
- Assists in the development of new business for Firstrust.
- Possesses knowledge of corporate products and services to suggest products and directs customers to appropriate people to open accounts.
That's a lot. We'll put them as
- .
Now "Physical And Sensory Requirements" section: "Prolonged periods sitting at a desk and working on a computer. Potenital On-the-job-risks None identified."
We could put under Requirements or maybe a separate section? The instruction says we can have sections like Requirements, Qualifications, Skills, Benefits, Pay, Schedule. Physical requirements could be part of Requirements or Qualifications. Since we have no explicit Qualifications separate from Requirements/Education etc. Let's treat "Requirements" as covering education, experience, physical requirements. We'll include bullet list for education/experience and maybe a paragraph for physical.
Education, Training And Experience: "Bachelor’s Degree in accounting, finance, or related field; OR comparable experience in construction loan servicing or a commercial banking position Knowledge of transaction data entry and understanding of debits/credits as well as proofing and balancing accounts.Working knowledge of general ledger automated systems.Intermediate computing skills in MS Office (Word, Excel, Outlook)Demonstrated commitment to quality serviceStrong work habits, attention to detail, and teamwork"
We need to parse that into list items maybe.
Let's break:
- Bachelor’s Degree in accounting, finance, or related field; OR comparable experience in construction loan servicing or a commercial banking position
- Knowledge of transaction data entry and understanding of debits/credits as well as proofing and balancing accounts
- Working knowledge of general ledger automated systems
- Intermediate computing skills in MS Office (Word, Excel, Outlook)
- Demonstrated commitment to quality service
- Strong work habits, attention to detail, and teamwork
Now "Physical And Sensory Requirements": "Prolonged periods sitting at a desk and working on a computer. Potenital On-the-job-risks None identified."
We could include as a paragraph under Requirements.
Now Benefits: The posting mentions "great benefits, performance-based pay, a meaningful role, and resources to help your success." Also earlier: "For you, that means great benefits, performance-based pay, a meaningful role, and resources to help your success." So we have mention of benefits and performance-based pay. No specific details like health insurance etc. But we have "great benefits" and "performance-based pay". The instruction says: never create Pay/Schedule/Benefits sections unless the posting actually states them. It does state benefits and pay (performance-based pay). So we can include Benefits and Pay sections, but we need specific content. We have only vague statements. However "great benefits" is vague but still a statement about benefits. The instruction says: include a section ONLY when the posting has real, specific content for it — never emit a heading followed by filler/placeholder text (e.g. "commensurate with experience", "not specified", "N/A", "varies", "TBD") and never create Pay/Schedule/Benefits sections unless the posting actually states them. "great benefits" is somewhat vague but it's still a statement about benefits. Is that considered filler? It's not a specific detail like health insurance, 401k, etc. But it's still a claim about benefits. The instruction says avoid filler/placeholder text like "commensurate with experience", "not specified", "N/A", "varies", "TBD". "great benefits" is not exactly those, but it's still vague. However we might still include Benefits section with that sentence. Similarly Pay: "performance-based pay". That's also vague but it's a statement about pay. Might be acceptable.
We also have Schedule: Not mentioned besides "*Hybrid Position*". That indicates hybrid work schedule (some remote, some onsite). Could we treat that as Schedule? The posting says "*Hybrid Position*". That indicates schedule type. So we could include Schedule section with note about hybrid.
But we need to avoid creating sections if content is just filler. Hybrid position is specific enough? It indicates a hybrid work arrangement. I'd include Schedule section with that.
Now we also have "About the role" we already have.
Now we need to output only HTML fragment, no /. Use
for headings. Use - for lists. Use
for prose.
We must not repeat job title as heading. Not include Job ID etc.
We must remove boilerplate: EEO statements, accommodation instructions, etc. So we will omit those paragraphs.
Now let's craft.
Structure:
About the role
As one of the region’s foremost community banking institutions, Firstrust Bank takes pride in fostering leadership. As a Firstrust employee, your growth is our growth, meaning great benefits, performance-based pay, a meaningful role, and resources to help your success. For the bank, this means employees who offer exemplary customer service with a commitment to honesty, integrity, and accountability. This is a hybrid position.
Then Responsibilities:
Responsibilities
- Works with Operations Unit Manager, Real Estate Finance (REF) Risk Manager, Real Estate Finance (REF) Processor and Relationship Manager to set up new construction loans and request new loan numbers.
- For more complex construction loans, prepare new loan set-up data sheets and review new construction loan information in the Pipeline section of the construction loan system.
- Sets up loan budget; reviews data input for accuracy and assures that new loan set up line-item budgets are in accordance with approval.
- Understands and implements required primary and subaccount data entry input.
- Reviews essential documentation ensuring that original executed Note is received prior to funding.
- For all Real Estate Finance (REF) construction loans, assured pre-closing on-going draw disbursement funds are reserved with Finance Department Funds Manager and coordinates actual funding with Loan Operations Accountant at closing and for all subsequent draws.
- Set up construction loan disbursement files; set up new borrower portfolio files or assure new loan information is included in existing portfolio files.
- Enter all disbursement vouchers on the construction loan; track all Sales Agreements and/or Lease achievements on the construction loan.
- Assures receipt and approval of inspection and title bring down reports for all voucher requests.
- Schedules all disbursement transactions and input requests into the CONSTRUCTION LOAN system.
- Ensures all Letters of Credit are properly accounted for on the Construction Loan System Budget.
- Track the respective Township Release(s) for each Letter of Credit.
- Prepares and presents disbursement documentation from the system, monitors and balances disbursement report.
- Works with Operations Unit Manager and Real Estate Finance (REF) Reporting and Risk Management Unit Manager to assure accurate set up and administration of all loan Syndications/Participations – In or Out.
- Track escrow account information, ensuring complete accuracy of account information.
- Maintains the integrity of the system data.
- Reviews monthly interest billing statements for accuracy.
- Monitors’ interest reserve adequacy on all accounts; assures accurate billing if interest reserves are exhausted.
- Alerts management to process and procedural changes concerning the daily, monthly and continuing responsibilities associated with managing and controlling construction loan information interfaced with bank wide Accounting and Finance systems for the construction loan system used by the Loan Operations Accountant, lending staff and this position.
- Works with and coordinates specific job activities with the Real Estate Finance (REF) Construction Loan Processor to assure adequate backup.
- Provides excellent customer service to clients.
- Responds to general inquiries on loan status.
- Assists in the development of new business for Firstrust.
- Possesses knowledge of corporate products and services to suggest products and directs customers to appropriate people to open accounts.
for headings. Use - for lists. Use
for prose.
We must not repeat job title as heading. Not include Job ID etc.
We must remove boilerplate: EEO statements, accommodation instructions, etc. So we will omit those paragraphs.
Now let's craft.
Structure:
About the role
As one of the region’s foremost community banking institutions, Firstrust Bank takes pride in fostering leadership. As a Firstrust employee, your growth is our growth, meaning great benefits, performance-based pay, a meaningful role, and resources to help your success. For the bank, this means employees who offer exemplary customer service with a commitment to honesty, integrity, and accountability. This is a hybrid position.
Then Responsibilities:
Responsibilities
- Works with Operations Unit Manager, Real Estate Finance (REF) Risk Manager, Real Estate Finance (REF) Processor and Relationship Manager to set up new construction loans and request new loan numbers.
- For more complex construction loans, prepare new loan set-up data sheets and review new construction loan information in the Pipeline section of the construction loan system.
- Sets up loan budget; reviews data input for accuracy and assures that new loan set up line-item budgets are in accordance with approval.
- Understands and implements required primary and subaccount data entry input.
- Reviews essential documentation ensuring that original executed Note is received prior to funding.
- For all Real Estate Finance (REF) construction loans, assured pre-closing on-going draw disbursement funds are reserved with Finance Department Funds Manager and coordinates actual funding with Loan Operations Accountant at closing and for all subsequent draws.
- Set up construction loan disbursement files; set up new borrower portfolio files or assure new loan information is included in existing portfolio files.
- Enter all disbursement vouchers on the construction loan; track all Sales Agreements and/or Lease achievements on the construction loan.
- Assures receipt and approval of inspection and title bring down reports for all voucher requests.
- Schedules all disbursement transactions and input requests into the CONSTRUCTION LOAN system.
- Ensures all Letters of Credit are properly accounted for on the Construction Loan System Budget.
- Track the respective Township Release(s) for each Letter of Credit.
- Prepares and presents disbursement documentation from the system, monitors and balances disbursement report.
- Works with Operations Unit Manager and Real Estate Finance (REF) Reporting and Risk Management Unit Manager to assure accurate set up and administration of all loan Syndications/Participations – In or Out.
- Track escrow account information, ensuring complete accuracy of account information.
- Maintains the integrity of the system data.
- Reviews monthly interest billing statements for accuracy.
- Monitors’ interest reserve adequacy on all accounts; assures accurate billing if interest reserves are exhausted.
- Alerts management to process and procedural changes concerning the daily, monthly and continuing responsibilities associated with managing and controlling construction loan information interfaced with bank wide Accounting and Finance systems for the construction loan system used by the Loan Operations Accountant, lending staff and this position.
- Works with and coordinates specific job activities with the Real Estate Finance (REF) Construction Loan Processor to assure adequate backup.
- Provides excellent customer service to clients.
- Responds to general inquiries on loan status.
- Assists in the development of new business for Firstrust.
- Possesses knowledge of corporate products and services to suggest products and directs customers to appropriate people to open accounts.
for prose. We must not repeat job title as heading. Not include Job ID etc. We must remove boilerplate: EEO statements, accommodation instructions, etc. So we will omit those paragraphs. Now let's craft. Structure:
About the role
As one of the region’s foremost community banking institutions, Firstrust Bank takes pride in fostering leadership. As a Firstrust employee, your growth is our growth, meaning great benefits, performance-based pay, a meaningful role, and resources to help your success. For the bank, this means employees who offer exemplary customer service with a commitment to honesty, integrity, and accountability. This is a hybrid position.
Then Responsibilities:Responsibilities
- Works with Operations Unit Manager, Real Estate Finance (REF) Risk Manager, Real Estate Finance (REF) Processor and Relationship Manager to set up new construction loans and request new loan numbers.
- For more complex construction loans, prepare new loan set-up data sheets and review new construction loan information in the Pipeline section of the construction loan system.
- Sets up loan budget; reviews data input for accuracy and assures that new loan set up line-item budgets are in accordance with approval.
- Understands and implements required primary and subaccount data entry input.
- Reviews essential documentation ensuring that original executed Note is received prior to funding.
- For all Real Estate Finance (REF) construction loans, assured pre-closing on-going draw disbursement funds are reserved with Finance Department Funds Manager and coordinates actual funding with Loan Operations Accountant at closing and for all subsequent draws.
- Set up construction loan disbursement files; set up new borrower portfolio files or assure new loan information is included in existing portfolio files.
- Enter all disbursement vouchers on the construction loan; track all Sales Agreements and/or Lease achievements on the construction loan.
- Assures receipt and approval of inspection and title bring down reports for all voucher requests.
- Schedules all disbursement transactions and input requests into the CONSTRUCTION LOAN system.
- Ensures all Letters of Credit are properly accounted for on the Construction Loan System Budget.
- Track the respective Township Release(s) for each Letter of Credit.
- Prepares and presents disbursement documentation from the system, monitors and balances disbursement report.
- Works with Operations Unit Manager and Real Estate Finance (REF) Reporting and Risk Management Unit Manager to assure accurate set up and administration of all loan Syndications/Participations – In or Out.
- Track escrow account information, ensuring complete accuracy of account information.
- Maintains the integrity of the system data.
- Reviews monthly interest billing statements for accuracy.
- Monitors’ interest reserve adequacy on all accounts; assures accurate billing if interest reserves are exhausted.
- Alerts management to process and procedural changes concerning the daily, monthly and continuing responsibilities associated with managing and controlling construction loan information interfaced with bank wide Accounting and Finance systems for the construction loan system used by the Loan Operations Accountant, lending staff and this position.
- Works with and coordinates specific job activities with the Real Estate Finance (REF) Construction Loan Processor to assure adequate backup.
- Provides excellent customer service to clients.
- Responds to general inquiries on loan status.
- Assists in the development of new business for Firstrust.
- Possesses knowledge of corporate products and services to suggest products and directs customers to appropriate people to open accounts.