Senior Commercial Services & Construction Administrator - Danbury at Usb (Union Savings Bank)
Danbury, CT 06810
About the Job
Senior Commercial Services & Construction Administrator - Danbury
Danbury, CT 06810, USA
Job Details
Description
The Senior Commercial Services & Construction Administrator is responsible for preparing Commercial Loans, Mortgage documents, and providing administrative support to assigned Loan Officers. They will also provide direct support to the Construction Lending Manager.
Loan Administration Duties
Provide support to Commercial Services Account Loan Officers for new loans and renewals
- Run credit reports
- Order flood determinations
- Perform UCC-1 searches, Concord searches and complete CIP review
- Work with Loan Officers and/or attorneys to close loans
- Prepare Commitment Letters for Loan Officer review
- Review Loan Proposal/Approval forms for CIP and proper approval
- Prepare loan documents
- Review and ensure all loans are closed in accordance with the terms and conditions contained in the loan approval
- Provide support to Construction Lending Account Loan Officer for new loans and renewals
- Process construction advances received from Construction Lending Manager Loan Officer and forward to Loan Operations
- Monitor all construction loan advance requests within Commercial Services to ensure timely delivery to Loan Operations for processing
- Documentation and Review
- Gather executed documentation and prepare loan set up forms for submission to Loan Operations as necessary
- Track loan fees
- Prepare post-closing checklists
- Follow up on post-closing items
- Enter HMDA/CRA data in system
- Forward insurance certificates to Loan Operations for tracking as necessary
- Scan tax returns and financials to the appropriate mailbox
Other support
- Provide direct support to Construction Lending Manager as needed
- Serve as back-up to Business Banking Administrator as needed
Client Support Duties
- Follow and uphold USB Customer Service Standards in interactions with internal and external customers
- Process line of credit renewals for Middle Market, including the preparation of loan approval documents
Flood Coordinator Duties
- Prepare Flood Insurance Worksheets and gather supporting documentation from account officers, review for accuracy and forward to Flood Review Committee for approval
- Serve as a voting member of the Flood Review Committee
- Attend monthly Zoom calls hosted by HUB Financial Services for flood updates
This position is based out of the Galleria Headquarters Office - 225 Main St. Danbury, CT 06810
Full-Time / Non-Exempt - 37.50 hours per week
Qualifications
Education
Required
High School or better.
Preferred
Bachelors or equivalent work experience or better.
Experience
Required
5-7 years:
Banking & Commercial Services Experience
1-2 years:
SBA Loan Experience
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
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