
Construction Loan Administrator Sr
Downers Grove, ILJob$21–37.5/hrSeen 3 days agoSeen in employer's feed 3 days ago
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Job overview
The Senior Construction Loan Administrator manages post-closing administration for a residential loan portfolio, including construction draw monitoring, customer requests, portfolio risk review, and due diligence records. The role works directly with customers and internal and external partners, maintains accurate loan information, and may organize workflow or review colleagues’ work. This position must be onsite at a Huntington corporate office.
Skills & qualifications
Skills
Qualifications
Benefits
Full job description
Description
This position must be onsite and is available to be filled at any Huntington Corporate office location.
Summary:
Construction Loan Administrator Sr.'s are team-oriented, analytical, and responsible for loan administration of a residential portfolio of loans which requires accountability for risk management and customer service in a dynamic business development environment. Will work directly with customers, third parties, Mortgage Loan Officers, Mortgage Loan Processors, Loan Closers, and Managers.
Duties & Responsibilities:
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Responsible for integrity of overall residential loan administration (post-closing to modification/payoff) for assigned loans and customers; ownership for monitoring terms of loan agreement and policy/procedure/compliance requirements, with consistently accurate analysis and attention to detail.
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Responsible for construction draw monitoring, including critical analysis of detailed construction documentation, sources and uses, title, surveys, inspections, insurance, and related requirements for managing construction risk.
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Manages customer requests within the terms of residential real estate loan documentation, bank policy and business segment procedures, always with the goal of enhancing the customer experience. Includes renewals, extensions, modifications, draws, payments/wire transfers, and insurance, etc.
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Responsible for ongoing portfolio review and analysis for identification of potential risks and adverse situations that may impact the bank's interest. Communicates and escalates such risks, pursues corrective action and drives solutions.
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Develops and maintains positive relationships with customers, title companies, construction consultants and contractors.
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Responsible for the collection, review, and maintenance of due diligence & customer information.
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Maintains accuracy of loan and customer information on system of record and works with Mortgage Loan Servicing to escalate and resolve errors as necessary.
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Maintains complete and organized customer records / files (both paper and electronic).
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Provides support and coverage when other team members are out of the office.
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May organize the work flow and/or review the work of other colleagues.
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Performs other duties as assigned.
Basic Qualifications:
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High School Diploma or GED
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At least 3 years of experience in Loan Administration
Preferred Qualifications:
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Experience working with Construction loans a plus
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Demonstrates confidence, assertiveness, professionalism, and ability to interact with all levels within the organization in a professional manner.
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Proficient use of Microsoft Office software, Unifi and MSP is preferred.
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Excellence in customer service, highly motivated, focused and goal oriented.
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Excellent written and verbal communication skills, including grammar and demeanor.
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Strong mathematic, analytic, and organizational skills with attention to detail, planning and follow-up.
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Ability to work independently on multiple tasks without compromising quality.
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)
No
Workplace Type:
Office
Our Approach to Office Workplace Type
Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.
Huntington will not sponsor applicants for this position for immigration benefits, including but not limited to assisting with obtaining work permission for F-1 students, H-1B professionals, O-1 workers, TN workers, E-3 workers, among other immigration statuses. Applicants must be currently authorized to work in the United States on a full-time basis.
Compensation Range:
$21.00-$37.50 Hourly
The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).
Huntington is an Equal Opportunity Employer.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.
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