Construction Loan Administrator - FineMark

FineMark National Bank & Trust; Fort Myers (FL); On-site; USD 65,000 - 85,000; Full time

Job summary

FineMark Bank and Trust, a division of Commerce Bank, is seeking a Construction Loan Processor to ensure accurate and timely processing of the construction draw workflow. This role requires a Bachelor’s degree (or equivalent) and 4+ years in loan processing, with a hybrid schedule (in-office 3 days per week) at our Fort Myers, FL location.

You will review title insurance, insurances, surveys, and monitor releases, input data into the loan software, and coordinate with clients and contractors to

Qualifications

• Bachelor’s degree or equivalent required.
• At least 4 years of loan processing experience in a financial institution.
• Hybrid schedule: in-office 3 days per week.

Responsibilities

• Process construction draws accurately and promptly.
• Order title insurance updates and insurances, review for accuracy.
• Monitor NTO/partial and final releases and construction lien law.
• Enter loans into the construction loan software program and maintain data.
• Reconcile loan amounts, equity, and draws.
• Fund construction draws after approvals.
• Maintain draw files and respond to inquiries.
• Maintain regular attendance at the designated location.

Skills

Construction lien law

AIA formatting

Proofreading

Attention to detail

Team player

Education

Bachelor’s degree or equivalent

4+ years loan processing experience

Tools

Construction loan software

Microsoft Word

Microsoft Excel

Outlook

Job description

About Working at FineMark Bank and Trust, a division of Commerce Bank

FineMark Bank & Trust, a division of Commerce Bank, delivers exceptional service in banking, trust, and investments, fostering long-lasting client relationships. We provide a workplace grounded in integrity, teamwork, and an entrepreneurial spirit, where associates are empowered to contribute and serve with purpose. Our culture is rooted in doing what is right, with an emphasis on thoughtful innovation, sound decision-making, and delivering the highest level of service to our clients.

About This Job

The main purpose of this job is to provide accurate and timely processing of the construction draw process.

Essential Functions

• Order title insurance updates as appropriate and review for accuracy
• Order appropriate insurances and surveys and review for accuracy, along with inspections
• Understand and monitor NTO/partial releases/final releases and construction lien law
• Input loans into a construction loan software program for tracking, draws, balancing, etc. and maintain the accuracy of the program
• Reconcile loan amount, equity requirements, draws, etc.
• Fund construction draws after obtaining the appropriate approvals
• Maintain accurate draw files
• Answer telephone and respond to written inquiries concerning loan construction-draw process from clients, contractors, etc.
• Regular attendance at the FineMark location designated in this job description, during regular business hours, or assigned hours for the position, is required
• Perform other duties as assigned

Knowledge, Skills & Abilities Required

• Strong knowledge regarding construction lien law, AIA formatting, and percent- complete construction
• Strong background in word processing, computerized spreadsheets, and legal requirements of lien perfection and loan compliance
• Excellent proofreading skills
• Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities
• Inquisitive, agile, and strong team player with excellent written, verbal, and interpersonal communication skills
• Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
• Basic level proficiency with Microsoft Word, Excel, Teams, and Outlook

Education & Experience

• Bachelor’s degree or equivalent combination of education and experience required
• 4+ years experience in the loan processing department of a financial institution required
• Hybrid Schedule: In office 3 days per week

Must be eligible to work in the US without sponsorship now or in the future.

The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits.

Location: 8695 College Parkway, Suite 100, Fort Myers, Florida 33919

Time Type:

Full time