Senior CRE Construction Loan Administrator

M&T Bank Corporation; York, Northern (York County, KY); Hybrid; USD 75,000 - 124,000; Full time

Job summary

M&T Bank Corporation in York, Pennsylvania seeks an experienced professional to independently administer a complex commercial real estate and multi-family construction loan portfolio from origination through payoff or rollover.

Responsibilities include reviewing loan documents for consistency with approvals, coordinating with closing attorneys, borrowers and investors, tracking budgets and covenants, ensuring lien priority, and collaborating with relationship managers, inspectors and title

Qualifications

• Bachelor's degree and minimum 3 years’ CRE and/or multi-family closing, asset management, loan administration or underwriting experience, or 7 years’ combined education/work experience with 3 years CRE/closing experience.
• Knowledge of Bank policies, procedures and banking regulations; proficient with PCs, loan systems and internet applications.
• Strong analytical, organizational and communication skills; ability to interact with all levels of personnel.

Responsibilities

• Review loan documents for consistency with loan approvals and construction requirements.
• Coordinate with closing attorney, borrower, investors, and participants for pre/post-closing needs.
• Maintain loan budgets and reallocations to align with approved costs and completion dates.
• Prepare ticklers and track covenant compliance in the system and report to senior management.
• Work with inspectors to ensure timely inspections and provide budget/finish data.
• Collaborate with Relationship Manager and title company to resolve title issues and intervening liens.
• Identify risks from title updates, draw backs, budget changes and site inspections and escalate.
• Assist manager with training and handling issues on complex loans.

Skills

Analytical skills

Organizational skills

Verbal and written communication

Interdepartmental coordination

Detail oriented

Education

Bachelor's degree or equivalent experience

Job description

M&T Bank Corporation in York, Pennsylvania seeks an experienced professional to independently administer a complex commercial real estate and multi-family construction loan portfolio from origination through payoff or rollover.

Responsibilities include reviewing loan documents for consistency with approvals, coordinating with closing attorneys, borrowers and investors, tracking budgets and covenants, ensuring lien priority, and collaborating with relationship managers, inspectors and title