Loan Administrator - CRE - Construction

Associated Bank - Corp

Chicago (IL)

On-site

USD 32,000 - 55,000

Full time

14 days+

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Benefits offered by this job

401(k) & Pension
Volunteer PTO
Diversity Groups
Career growth
Well-being programs
Parental leave
Stock purchase plan
Military benefits
Banking benefits

Job summary

Associated Bank is expanding its Commercial Real Estate (CRE) team in the Chicago market. The Commercial Loan Administrator will support construction loan monitoring, ensure compliance with policies and regulations, and assist the deal team and borrower throughout the loan lifecycle.

You will coordinate with multiple stakeholders to resolve issues, manage borrower communications, and verify documentation to fund draws while maintaining data integrity across systems.

Qualifications

  • Bachelor's degree or equivalent in Business, Finance, or Accounting.
  • 3+ years customer service in a professional office.
  • 3+ years experience in commercial or CRE finance, legal documents, accounting, or data systems.

Responsibilities

  • Coordinate and oversee construction loan monitoring for timely, compliant draws.
  • Collaborate with services, syndications, agents, title companies and architects.
  • Manage borrower communication throughout the draw process.
  • Ensure SOP, Loan Policy and regulatory compliance.
  • Verify third-party reports, due diligence and lien law requirements.
  • Process draws and confirm post-closing items before funding.
  • Maintain data integrity across systems and documentation.

Skills

Customer service
Communication
Attention to detail
Financial analysis

Education

Bachelor's degree in Business, Finance, or Accounting

Tools

Loan documentation systems
Regulatory/compliance tools

Job description

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you.

Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process. Associated Bank conducts a thorough background check on all new hires.

Join Associated Bank's Commercial Real Estate (CRE) team. The Commercial Loan Administrator is responsible for facilitating the construction loan monitoring process within the Commercial Real Estate division. Their role ensures compliance with internal policies, regulatory standards, and operational procedures while maintaining data integrity and supporting the deal team and borrower throughout the loan lifecycle.

This position is open to the following markets: Dallas, Chicago, Houston, and Minneapolis

Key Accountabilities

Coordinate and oversee the construction loan monitoring process, ensuring timely, compliant, and accurate execution of borrower advances.

Collaborate with Commercial Loan Services, Syndications, agent and member banks, title companies, inspecting architects and other stakeholders to resolve deal-related issues.

Manage borrower communication and provide superior customer service to internal deal teams and borrowers throughout the construction draw process.

Ensure compliance with Standard Operating Procedures (SOP), Loan Policy, regulatory requirements, and internal standard.

Monitor and verify third-party reports, construction documentation and state lien law requirements for title practices and due diligence.

Process construction loan draws, review due diligence, and confirm all post-closing and insurance items are satisfied before funding.

Maintain data integrity across systems and documentation; identify and resolve internal issues proactively.

Support syndication activities by managing loan documentation, timing, and funding when Associated Bank acts as Administrative Agent.

Required
Education & Experience

Bachelor's degree or equivalent combination of education and experience in Business, Finance, or Accounting.

3+ years customer service experience in a professional office setting.

3+ years experience in commercial or CRE finance, legal documentation, accounting, or data systems.

Preferred

3+ years experience in loan administration, including construction loan monitoring and/or loan closing.

3+ years experience reviewing and analyzing credit and loan documents.

3+ years commercial real estate due diligence review experience.

Why You'll Love Working Here

At Associated Bank, you'll join a team that values collaboration, accountability, and continuous learning. We invest in your professional growth and provide opportunities to make a meaningful impact on clients and communities.

We welcome and encourage applications from all qualified parties, including but not limited to people returning to the workforce, people with disabilities, those without a college degree, and veterans or those with military experience.

In addition to core traditional benefits, we take pride in offering benefits for every stage of life.

We welcome and encourage applications from all qualified parties, including but not limited to people returning to the workforce, people with disabilities, those without a college degree, and veterans or those with military experience.

In addition to core traditional benefits, we take pride in offering benefits for every stage of life.
  • Retirement savings including both 401(k) and Pension plans.
  • Paid time off to volunteer in your community.
  • Opportunities to connect with others through our diversity-focusedColleague Resource Groups.
  • Competitive salaries with professional development and advancement opportunities.
  • Bonus benefits including well-being programs and incentives, parental leave,anemployee stock purchase plan, military benefits and much more.
  • Personal banking, loan, investmentand insurance benefits.

Associated Bank serves more than 120 communities throughout Wisconsin, Illinois, Minnesota, and Missouri and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest.Join our community onFacebook,LinkedInandX.

Artificial Intelligence Statement

To support our recruiting process, we may use artificial intelligence ("AI") or automated technologies to collect, organize, sort, and analyze information submitted by applicants. These tools may assist our Talent Acquisition professionals in identifying applicants who appear to satisfy the minimum qualifications for a position.

AI is not used to make employment decisions on behalf of Associated Bank. No applicant will be selected or rejected solely based on the output of an AI tool. Hiring decisions are made by Associated Bank personnel who review applicant information and exercise independent judgment in accordance with applicable law and company policies.

Compliance Statement

Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR.

Responsible to report ethical concerns as needed to Associated Bank's anonymous Ethics Hotline.

Associated Bank provides additional assistance throughout the application, interview and hiring process. Please you need an accommodation at any time during the process.

Associated Banc-Corp participates in the E-Verify Program. E-Verify NoticeEnglish or Spanish. Know Your Right to WorkEnglishorSpanish.

Associated Bank isPay Transparencycompliant.

The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications for the role.

For certain positions, total compensation may also include incentive, commission, or bonus opportunities not reflected in the posted base pay range.

$23.16 - $39.70 per hour

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