Relationship Administrator Iii Construction Servicing

Profile

Relationship Administrator III – Construction Servicing

The candidate will lead 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 the 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 the loan is in balance in accordance with the 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. Bachelor's degree and/or accounting experience preferred.

Additional Information

Ref JR-22074531

Company info

Bank of America Corporation
5859 Moncrief Rd
Jacksonville
Florida
United States 32209-2557
Website : http://www.bankofamerica.com