LakewoodNJRecruiter
the smart solution for Lakewood jobs

Construction Loan Administrator -

Company: First Commerce Bank
Location: Lakewood
Posted on: October 3, 2018

Job Description:

We believe that a diverse group of talented, committed individuals - working as a team - can make a real difference.Our goals are to provide quality customer service by ensuring that our customer's financial service needs and transactions are met in a timely manner. Requirements Include: This position is responsible for the detailed analysis of project budgets, documentation review and verifying funds for disbursement.The focus of the construction administration process is to assess compliance with loan documentation and to insure loans are within budget to complete the project.Process all commercial, residential tract and spot lot construction loan draw requests.

  • Reviews draw requests for completeness and integrity of AIA, inspection reports, advances and soft cost invoice verifications.
  • Analyzes budget and source/ uses of funds to verify that the loan remains in balance.
  • Identifies exceptions and obtains appropriate approvals as necessary.
  • Initiates and analyzes standard and custom monitoring requirements including title/tax update, insurance, permits, inspections, survey, holdbacks and lease-up/ sale requirements.
  • Initiates financial & collateral transactions based on customer requests or loan document provisions.Analyzes and facilitates collateral changes, loan payments and payoff instructions.
  • Clearly communicates issues to Management and Account Officer.
  • Assists with inquiries, research, problem resolution, payoffs, releases, overdrafts, maintenance, data entry and other tasks as assigned.
  • Clearly communicates any changes to the advance requests and the need for any additional information to the Borrower.
  • Works with Borrower to establish the procedure for the loan advances.
  • Tracks sales contracts and process payoffs. Duties and Responsibilities include:
  • Bachelor degree or commensurate related commercial real estate experience.
  • Minimum 3-5 years' work experience in construction loan disbursements and the ability to manage a large and moderately complex portfolio.
  • Detailed oriented.
  • Knowledge and understanding of, or receive training on, market laws and industry practices, bank operations and department policies.
  • Effective written and verbal communication skills.
  • Aptitude for analysis, systems and mathematics.
  • Accustomed to a fast-paced environment with consideration to timely and accurate delivery.
  • Ability to multi task in a high-volume environment.Ability to interact with internal and external customers in a professional manner to provide excellent customer service.Equal opportunity employer of qualified protected veterans and individuals with disabilities, minoriities and females.
    Asbury Park Press.Category: , Keywords: Loan Document Specialist

    Keywords: First Commerce Bank, Lakewood , Construction Loan Administrator -, Professions , Lakewood, New Jersey

    Click here to apply!

    Didn't find what you're looking for? Search again!

    I'm looking for
    in category
    within


Other Professions Jobs


Regional Truck Driver - Apply Today!
Description: J.B. Hunt is now hiring CDL-A truck drivers for regional driving jobs within our Dedicated fleet. Ask about our relocation package This regional dedicated trucking job features the following: ul li (more...)
Company: JB Hunt
Location: New Brunswick
Posted on: 10/21/2018

Remote Health Benefits Consultant
Description: Remote Positions Available - Flexible Hours. Seeking upbeat and motivated individuals to join our
Company: TQS
Location: Trenton
Posted on: 10/21/2018

CDL A Team Drivers - Excellent Company Benefits!
Description: Benefits Late model equipment - Fully loaded Up to 10,000 Sign-on bonus Increased pay 5,000 miles per week guaranteed
Company: Transco Lines, Inc.
Location: Reading
Posted on: 10/21/2018


Regional and OTR Class A CDL Truck Driver - Dedicated Customer Base
Description: Regional and OTR Class A CDL Truck Driver - Dedicated Customer Base Regional and OTR Class A Drivers 60k to 75k/year NEW ANNUAL PAY INCREASE - Earn an Average of 3,000 - 7,500 more per year LCL Bulk (more...)
Company: LCL Bulk Transport
Location: Beverly
Posted on: 10/21/2018

Recent Grad CDL-A Truck Driver Paid Training!
Description: No Experience No Problem Get Paid While You br br Get the Experience You Need. br br Recent CDL-A Grads - Don't have enough experience to get the truck driving job you want No worries, come (more...)
Company: C.R. England
Location: East Brunswick
Posted on: 10/21/2018

Beauty Skin Care Consultants
Description: We are seeking professional beauty skin care sales consultantsto consult with customers on skin care products. The annual income potential ranges from 40,000.00 150,000.00 per year. You
Company: Mommy Jobs Online
Location: Lakewood
Posted on: 10/21/2018

Class A CDL Owner Operator Truck Driver
Description: Class A CDL Owner Operator Truck Driver Owner Operators Can Now Earn Up to 17,000 in Bonuses with Risinger Now accepting drivers with 1 year Class A CMV Experience Up to 17,000 in sign on bonuses Call (more...)
Company: Risinger Transportation
Location: Allentown
Posted on: 10/21/2018

CDL A - Dedicated - $69,000/year avg.
Description: Details:Dedicated opportunity out of S Boston, VAAverage yearly pay - 69,000Home WeeklyDriver unload 850 weekly minimum for 1st two weeks on accountWerner Enterprises realizes that Drivers have diverse (more...)
Company: Werner Enterprises
Location: Wilmington
Posted on: 10/21/2018

Class A CDL Company Truck Driver
Description: br br br br The Earning Potential is Only as Limited as Your Drive. br br br br Apply now br br br br br br br br br Gross Potential up to 70K Annually br br (more...)
Company: Ceva Freight LLC
Location: Glendora
Posted on: 10/21/2018

Over The Road Truck Driver - Apply Today!
Description: Driving with J.B. Hunt means consistency, guaranteed home time, strong miles, and a top-notch safety program. Join our team as a CDL-A driver and reap the benefits of driving for one of the most stable (more...)
Company: JB Hunt
Location: Philadelphia
Posted on: 10/21/2018

Log In or Create An Account

Get the latest New Jersey jobs by following @recnetNJ on Twitter!

Lakewood RSS job feeds