Commercial Hombuilder Finance Loan Administrator - Seattle
Location: Seattle, Washington
Description: Umpqua Bank is at present recruited Commercial Hombuilder Finance Loan Administrator - Seattle right now, this position will be designated in Washington. Further informations about this position opportunity kindly read the description below. Responsible for the administration and management of the Homebuilder Finance Commercial loan process including the doc! umentation, closing, file maintenance and data input. Works specifically on complex loans for homebuilder commercial real estate/construction and term loans. Manages and monitors loans on an ongoing, day-to-day, and transactional basis working in close partnership with the Commercial Relationship Manager. Acts as the primary liaison with customers, attorneys, inspectors and title company representatives, during all phases of financing. Ensures all terms of the loan as approved are incorporated in the loan documents. Ensures all closing conditions are met and loans are closed within time frames. Responsible for setting up and monitoring loan and financial ticklers to ensure accuracy and timeliness. Administers a real estate portfolio in accordance with credit policy requirements for risk management. Analyzes title insurance commitment reports including title exceptions, and prepares tile/escrow instructions. Conduct monthly construction draw analysis, reconciliation and disb! ursement. Processes all types of draw requests and recommend a! pproval. Ensures all necessary document has been received. Takes action on times affecting the disbursement process such as change orders, sufficiency of funds, liens, set asides, restricted starts, etc. Process payoff quotes, payoffs and reconveyances for homebuilder portfolio. Negotiates loan documents and evaluates alternation solutions. Prepares data input sheets and provides information so that loans may be boarded on the proper servicing system and ensures all loan coding is correct. Monitors note rate re-pricing, fixings and other pre-and post-closing tasks. Maintain files with sufficient documentation for third-party review, prepares files for timely audits. Reviews and analyzes land surveys and environmental reports.
Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities â€" knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes. Follows ! all Bank policies and procedures, compliance regulations, and completes all required annual required or job-specific training. Actively learns, demonstrates, and fosters the Umpqua corporate culture in all actions and words. Takes personal initiative and is a positive example for others to emulate. Embraces our vision to become "The World's Greatest Bank." Works on problems of moderate scope where analysis of situations or data requires a review of identifiable factors. Exercises judgment within defined procedures and practices to determine appropriate action.
Requirements:
- 5-10+ years of relevant loan administration and real estate lending experience.
- Excellent analytical and problem solving skills.
- Excellent loan administration experience with knowledge of letters of credit, borrower based collateral pool lending, multi-phased construction and multiple collateral properties.
- Thorough knowledge of homebuilder and comm! ercial finance, law, documentation, accounting and data systems. Advanced technical expertise in loan closing and administration.
- Demonstrated ability to close homebuilder commercial loans and administer complex commercial loan portfolio.
- Excellent written and verbal communication.
- Ability to work effectively with individuals and groups across the company to manage internal and external customer relationships.
- Proficiency with personal computers and related software packages such as Word and Excel, and other business machines.
- Requires a bachelor’s degree or equivalent.
Occasional travel.
No relocation offered.
We are proud to be an EEO/AA employer M/F/D/V. We maintain a drug-free workplace and may perform pre-employment substance abuse testing.
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If you were eligible to t! his position, please deliver us your resume, with salary requirements and a resume to Umpqua Bank.
Interested on this position, just click on the Apply button, you will be redirected to the official website
This position will be started on: Fri, 11 Oct 2013 20:24:40 GMT
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