Relationship Administrator II job in Chicago, IL| Recruit Arrow
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Friday, April 19, 2024
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Title
Relationship Administrator II
Location : Illinois, Chicago
Refer job # SWPL336497
 
Job Responsibilities and Requirements: Primary responsibility is to serve as point of contact for clients on all loan related servicing matters for moderately complex real estate loans, including construction, term, lines of credit, and letters of credit, some of which may be syndicated. Independently reviews loan approval and loan documents to ensure client adherence to requirements of the loan. Responsible for managing construction draw process, including reviewing construction draw packages, identifying and helping to resolve construction and title issues, keeping accurate records of loan budget, monitoring non-loan sources of funds for certain product types, and ensuring loan is in balance in accordance with approval. Works closely with Portfolio Manager, borrower, construction inspectors, title companies and counsel. Monitors documentation requirements and exceptions, including interest and past dues. Contributes to the development and training of junior associates. Required Skills Has two or more years of previous commercial real estate loan administration experience Ability to prioritize and proactively manage responsibilities Effective problem solving skills and ability to perform independent research Excellent written and verbal communication skills Ability to influence, effectively collaborate and coordinate servicing activities with a variety of business partners Proficient computer skills, including Windows, Excel, Word and Outlook; Loan IQ experience a plus Bachelors degree and/or accounting experience preferred Understanding of regulatory requirement and credit and operational risk management.
 
 
 
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