Commercial Construction Loan Administrator – Up to $63K – Mt. Prospect, IL – 1123

Who We Are

Bankers Recruiting Bankers – The Symicor Group is a boutique bank-only talent acquisition firm based in Chicago.  Our nationally unique value proposition centers around providing the very best available banking talent to our valued clients…from a banker’s perspective.  In fact, most of our recruiters are former bankers themselves! We know banking and how to evaluate the very best banking talent available in the market.  Whether you are a bank candidate seeking a new opportunity or a bank president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position

Our Client is seeking to fill a Commercial Construction Loan Administrator role in Mt. Prospect, IL market. The successful candidate will be responsible for loan closing, loan servicing, processing/funding and loan operations functions within the loan department to ensure efficient and effective operations.

The position includes a generous salary of up to $63K and excellent benefits package.

Commercial Construction Loan Administrator responsibilities include:

  • Processing draws for commercial construction loans, ensuring the work is completed and that the bank preserves its priority lien position.
  • Working in conjunction with borrowers, contractors (general and subs), monitoring firms and title companies to ensure projects remain on time and budget for completion.
  • Pre-Close reviewing of construction due diligence to ensure that bank loan policies are adhered to. Issuance of a clear to close prior to loan closing.
  • Post-closing construction document exception management. This includes monitoring, loading, clearing, reporting, delegating and all related matters to post closing documentation exceptions.
  • Assisting in the preparation and maintenance of commercial construction loan files.
  • Handling loan-related customer requests, draft, recommend and implement operational policies and procedures.
  • Managing all loan servicing functions after a loan is booked through final disbursement/project completion.
  • Have experience with LaserPro.

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

  • An Associates or Bachelor’s degree is preferred.
  • Three or more years’ experience with construction loan documentation and perfection.
  • Two or more year in construction project management, disbursement, and draw processing.
  • Knowledge and experience working with title companies, construction monitoring companies, municipalities and general contractors.
  • Candidates with knowledge in commercial construction loan processes.
  • General working knowledge of construction permits, licenses and lien waivers.
  • Thorough understanding of the funding process.

The next step is yours.  Email us your current resume along with the position you are considering to: