Note: The job is a remote job and is open to candidates in USA. Banner Bank is a financial institution providing banking and lending services to individuals and businesses. The CRE Closing Administrator II is responsible for accurately and efficiently closing, funding, and administering commercial real estate construction and permanent loans while ensuring compliance with bank policies and regulatory requirements.
Responsibilities
- Prepare accurate and timely loan documentation for commercial real estate secured transactions, including reviewing collateral and preparing security agreements
- Support Commercial Real Estate business lines including Home Builder, Income Property, and Affordable Housing lending through the closing and administration of construction and permanent loans
- Review appraisals and pre-construction evaluations for new construction and development loans and validate evidence of prepaid construction costs prior to closing
- Gather invoices, fees, and escrow settlement information to prepare funding statements and administer loan disbursements in accordance with established policies and guidelines
- Partner with title companies, escrow officers, and insurance agents to obtain and review title policies, balance settlement statements, and verify proper insurance coverage
- Oversee loan files to ensure complete and accurate documentation, reporting, statements, and accounting information are maintained
- Assist in establishing and maintaining lien perfection on various forms of collateral
- Support loan extensions, modifications, and routine closing activities while partnering with colleagues to meet production objectives
- Provide guidance, training, and mentorship to newer team members
- Ensure compliance with bank policies, procedures, security requirements, and applicable government regulations
Skills
- You have a Bachelor's degree in Accounting, Auditing, Banking, Business Administration, Economics, Finance, or a related field (Required)
- Have 2 or more years of experience closing or funding commercial real estate secured loans (Required)
- Understand commercial real estate loan closing processes and documentation requirements (Required)
- An equivalent combination of education and experience may be considered in lieu of a bachelor's degree
- 2%
- You have advanced knowledge of commercial real estate loan closing processes, documentation, and related systems
- You are highly organized and able to manage multiple priorities while meeting deadlines in a fast-paced environment
- Bring strong problem-solving, research, decision-making, and customer service skills
- Communicate effectively both verbally and in writing and build strong working relationships with internal and external partners
- You work successfully both independently and as part of a collaborative team
- Proficient with Microsoft Office products and eager to learn new systems and technologies
- Demonstrate exceptional attention to detail, accuracy, sound judgment, and discretion when handling confidential information
- You have knowledge of federal and state laws and regulations related to real estate loan closing and funding
- You possess a general understanding of the mortgage and commercial real estate lending industry
Benefits
- Annual incentive potential
- Comprehensive employee benefits, including: medical, dental, vision, LTD, STD and life
- Paid vacation time, sick time and 11 company paid holidays
- 401k (with up to 4% match)
- Tuition reimbursement
- Remote work arrangement
Company Overview
Company H1B Sponsorship