| Employer: | Bank of America
| Job Ref No: |
1200003127
| Job Title: |
Real Estate Loan Adminstrator : 1200003127
| Sector: |
Asset Management
| Sub Sector: |
Other
| Risk Type: |
Credit
| Expertise: |
Other
|
Leads the effort in the pre-closing and closing process on complex real estate loans, including construction, term, lines of credit, and letters of credit, some of which may be syndicated. Independently reviews loan approval and loan documents prepared by counsel to ensure consistency and adherence to requirements. Works closely with Client Manager, borrower, counsel, construction consultants and title companies. Monitors documentation requirements and exceptions, including interest and past dues. Contributes to the development and training of junior associates. Responsible for managing construction draw process, including reviewing construction draw packages, identifying and helping to resolve construction and title issues, keeping accurate records of loan budget, monitoring non-loan sources of funds for certain product types, and ensuring loan is in balance in accordance with approval. Has three or more years of previous real estate loan administration experience or real estate paralegal experience; proficient computer skills, including Windows, Excel, Word and Outlook; excellent written and verbal communication skills; effective problem solving skills. Bachelors degree and/or accounting experience preferred.
Perform daily servicing activities for a complex real estate portfolio to include a sharp focus on risk management and timely and accurate fulfillment of client service requests. Qualifications
Perform daily servicing activities for a complex commerical real estate portfolio to include a sharp focus on risk management and timely and accurate fulfillment of client service requests.
Desired Skills:
- Understanding of loan servicing, complex loan structures and loan documentation
| Region/Country: |
Americas, United States
| States/Counties: |
Texas
| City: |
DALLAS
| Address: | | Post Date: | 02/09/2012 |
