Construction Loan Administrator Ii

Detalles de la oferta

.Construction Loan Administrator IILoan OperationsLocations: Renton, Washington; NA, California; Kirkland, Washington; Mountlake Terrace, Washington; Seattle, WashingtonDescriptionAbout Us:Umpqua Bank is headquartered in the Pacific Northwest with 5,000+ employees and offers banking services to customers throughout the nation. It's an especially exciting time to join our team as, following the recent merger with Columbia Bank, we have grown to become a leading western-based regional bank with more than $50B in assets under management and an unwavering commitment to our associates, our customers, and our communities.We create a great place to work by offering a special brand of relationship banking and by providing a culture where associates thrive. Associates who embody our core values fit in well here and we are eager to meet candidates who demonstrate behaviors that align with Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships.About the Role:A construction loan administrator is responsible for reviewing construction loan documents in accordance with credit policy requirements for risk management, with responsibility for protecting the Bank's interest through proper documentation, ensuring all approved terms and conditions are properly implemented throughout the administration of the construction loan and the accompanying draws.Monitor and collect, as necessary, required due diligence items.Coordinate document and funding requests and check for accuracy.Work in partnership with Relationship Managers (RMs) and credit analysts as primary liaison with customers, inspectors, and title company representatives as the loan closes and during all phases of construction until the loan matures or until payoff.Review and analyze land surveys, environmental assessments, project reviews, and building inspection reports to ensure that all construction draws are funded in accordance with the required guidelines.Maintain loan files and disbursement files with sufficient documentation for third-party review and prepare files for timely audits.Analyze proposed construction budgets to ensure all appropriate project-related costs and sources of funds are identified.Analyze and reconcile construction draw requests, including recommending approval of the funding draws and obtaining all required approvals.Prepare monthly construction draws.Work daily with loan customers via telephone, email, and in person.Other responsibilities as assigned.All employees are responsible for internal controls in the performance of their assigned duties. Internal control responsibilities are established in various policies, procedures, and documents, including the Code of Conduct.Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes


Salario Nominal: A convenir

Fuente: Jobtome_Ppc

Requisitos

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