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Responsible for the administration and servicing of more complex construction loans from initial set up to full repayment. Prepares new loan data entry, reviews and monitors construction loans for completeness and accuracy for which data was entered. Responsible for initial documentation, input and processes periodic disbursement requests and repayment receipts.
Firstrust Bank is an Affirmative Action Contractor and is an Equal Opportunity Employer.
Minority/Female/Disabled/Veteran
DECISION MAKING:
This position requires the ability to make decisions sufficiently reducing uncertainty and doubt about alternatives to allow a reasonable choice to be made from among them as these choices relate to the funding of draw requests and other terms and conditions of our loans. The decision that is typically required to be made is if a draw request submitted by our borrowers is fundable. To determine this, the employee must determine if the project and particular draw request both are in compliance to agreed upon terms.
ACCOUNTABILITY:
This position is accountable for the administration and processing of loan set up and daily servicing of the Construction Loan Portfolio.
Other
$87k-127k (estimate)
08/26/2022
04/16/2023
firstrust.com
SOUTHAMPTON, PA
200 - 500
1934
KAREN GRUBER
$200M - $500M
Founded 85 years ago, Firstrusts business is serving the banking needs of our business and retail customers in the Philadelphia region. From large operating companies, real estate developers, manufacturers, and doctors to young families and grandparents were here for them all. Our promise is to empower their success by offering them the most tailored, state-of-the-art banking solutions they can get, along with advice on how to best manage their finances, build their businesses, and overcome financial challenges. The core value of always being there for our customers - especially when they nee...d us most - has made us the largest family-owned commercial bank in our region. And its also why thousands of the most successful entrepreneurs, innovators, and leaders come to us FIRST when they need help making their biggest dreams a reality.
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The job skills required for Construction Loan Administrator include Construction Loans, Customer Service, Products and Services, Attention to Detail, Billing, Finance and Accounting, etc. Having related job skills and expertise will give you an advantage when applying to be a Construction Loan Administrator. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Construction Loan Administrator. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Construction Loan Administrator positions, which can be used as a reference in future career path planning. As a Construction Loan Administrator, it can be promoted into senior positions as a Construction Loan Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Construction Loan Administrator. You can explore the career advancement for a Construction Loan Administrator below and select your interested title to get hiring information.