Valley Bank Job - 43053170 | CareerArc
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Company: Valley Bank
Location: Wayne, NJ
Career Level: Associate
Industries: Banking, Insurance, Financial Services

Description

The Construction Loan Administrator will coordinate all aspects of scheduling inspections, maintaining files, processing, and preparing disbursements, releases and payoff letters.   Responsibilities include, but are not limited to:

  • Coordinate Third Party Vendor services for inspections.
  • Review inspection reports.
  • Process Third Party Vendor invoices for payment.
  • Reconcile CRE Accounts Payable General Ledger Account.
  • Order title updates and or date downs.
  • Fund draw requests.
  • Prepare payoff letters and execute releases.
  • Prepare wire transfers for the disbursement of funds.
  • Log and process all construction advances.
  • Track insurance to include Builder's Risk, Contractor's Liability and Worker's Comp.
  • Provide superior customer service by resolving issues and providing accurate and timely information.


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