Mountlake Terrace, WA3 days ago
About You:** + High school diploma or GED (preferred) + 2 years - of experience in commercial real estate, construction loan administration, or a related field, including project management/management experience (Required) + 1-2 years - Title and escrow experience (Preferred) + Developing knowledge of all operational systems, procedures, construction guidelines, and/or services supported by the Bank's Commercial Real Estate Services Department + Knowledge of title, escrow, survey, and loan documentation preparation + Organizational and project management skills + Strong computer skills, including using Precision, AccuDraw (or similar construction draw monitoring software), PowerPoint, Excel, and creating links and fillable PDF documents + Building technical expertise in construction draw administration functions + Knowledge of commercial real estate finance procedures, documentation, accounting, processes, procedures, and data systems + Well-developed customer relations skills + Excellent verbal and written communications skills + Detail-oriented + Ability to effectively multi-task and maintain a high level of organization + Knowledge of accounting principles and loan accounting systems Travel Requirements + None The pay range for this role is $27.75 - $37.00. + Work in partnership with deal team to review and analyze land surveys, construction contracts, construction schedules, environmental assessments, project cost reviews, building inspection reports, etc., to ensure all construction draws are funded in accordance with the required guidelines + Maintain loan files and draw 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 accounted for + Analyze the final settlement statement and/or internal disbursement summary to confirm all fees paid at closing are included inthe construction budget and the construction budget remains in balance at closing and throughout the construction loan term + Analyze and reconcile construction draw requests, including recommending approval of the funding draws and obtaining allrequired approvals + Analyze and review monthly site inspections and title endorsements, as applicable, to assess and identify project risks + Create and maintain a bank budget for tracking all construction draws and interest reserve advances in the form of an exceldocument or construction loan management system.