IDB Bank
Construction Loan Administrator - Commercial Banking
New York, NY, United States
Sponsorship not specifiedDetected 179 days ago
HRCustomer SupportCommunication
About the role
- Loan administration of complex construction loans; mostly commercial, part residential and land development loans.
Responsibilities
- Ability to establish draw schedules and budget tracking using workbooks/systems based on the requirements of the loan approval, loan documents, and construction contract, if applicable.
- Review inspection reports and documents for accuracy, and for conformance with the budget, loan approval, and Loan Agreement.
- Understanding of AIA construction documents, and the ability to identify and elevate issues contrary to documentation.
- The Bank will make reasonable accommodations to the following employees to allow them to perform the essential functions of their position, except where doing so would result in undue hardship to the Bank:
- The Bank will make reasonable accommodations to the following employees to allow them to perform the essential functions of their position, except where doing so would result in undue hardship to the
Nice to have
- Bachelor's degree in Business preferred.
- 5 years of relevant experience.
- Familiar with LoanIQ or similar loan system preferred.
Compensation
- The expected annual salary for this position is between $80,000 and $110,000 at the start of employment.
- A salary offer is determined on an individualized basis, taking into consideration factors such as an individual's skills and experience.
- In addition to base salary, our total rewards package also includes eligibility for an annual bonus, medical, pharmacy, dental, and vision plans, life and disability insurance, employee wellness program, retirement and savings plans with employer contributions, generous holiday and paid time off schedules, parental leave, and tuition reimbursement.
Benefits
- We offer a comprehensive benefits package that includes generous paid time off and the ability to participate in our medical coverage and 401(k) plan on your very first day with us.
- Pregnant individuals and/or individuals with pregnancy or childbirth-related medical conditions.
Company info
- Provide excellent customer service to both internal and external customers.
- For more than 70 years, IDB Bank has made it our mission to be the best bank for our clients by putting their needs first, and the success we've enjoyed fundamentally comes down to our people.
Equal opportunity
- Any employee who believes he or she needs an accommodation for any of the above reasons should contact their supervisor or a member of Human Resources to request such an accommodation.
- We are also committed to diversity and inclusion, and to providing all of our team members with an
- equal opportunity to succeed and make meaningful contributions within a work environment that is respectful, welcoming and inclusive.
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This listing is sourced directly from IDB Bank's careers page and normalized into a canonical job model.