Construction Loan Administrator - FineMark

Commerce Bank; Kansas City (KS); On-site; USD 52,000 - 73,000; Full time

Job summary

Commerce Bank in Fort Myers, FL seeks a Construction Loan Processor to ensure accurate and timely draw processing for loan projects. You will coordinate title insurance, surveys, and insurances, input loans into our construction loan system, and monitor lien law compliance.

You will maintain draw files, reconcile figures, respond to client and contractor inquiries, and support ongoing project funding. A bachelor’s degree and 4+ years in loan processing with a hybrid schedule are required, with

Qualifications

• Bachelor’s degree or equivalent; 4+ years in loan processing in a financial institution.
• Hybrid schedule: In office 3 days per week.
• Must be eligible to work in the US without sponsorship now or in the future.

Responsibilities

• Process construction draws and fund after approvals.
• Order title insurance, surveys, and insurances; review for accuracy.
• Review NTO/partial releases and construction lien law.
• Enter loans into construction loan software and maintain accuracy.
• Reconcile loan amounts, equity, draws, and balances.
• Maintain accurate draw files.
• Respond to inquiries from clients and contractors.
• Attend location during regular hours; perform other duties as assigned.

Skills

Communication skills

Detail-oriented

Organizational skills

Team player

Adaptability

Microsoft Word/Excel/Teams/Outlook (sm

Education

Bachelor’s degree or equivalent

Tools

Microsoft Word

Excel

Teams

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

• 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.

Benefits

• Employer sponsored health, dental, and vision insurance.
• 401(k).
• Life insurance.
• Paid vacation.
• Paid personal time.
• Career development.
• Education assistance.
• Voluntary supplemental benefits.

Location

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

Time Type

Full time

Commerce Bank has been awarded numerous awards for our company culture. We have been included on distinguished lists such as Forbes’ Best Midsized Employers, Forbes’ Best Employers for Women, and Korn Ferry’s Engaged Performance Award. You’ll see the difference for yourself when you join the team.

Equal Opportunity Employer Commerce Bank is proud to be an Equal Employment Opportunity employer and believes that every individual should have the opportunity to work at a job for which he, she or they qualifies.

We celebrate diversity and do not discriminate based on race, color, ancestry, ethnicity, gender identity, gender expression, sex, sexual orientation, disability (including physical or mental handicap), age, veteran status, military status, national origin, religion, pregnancy status, marital status, genetic information, or any other status protected by applicable federal, state or local law.