Commercial Loan Administrator Resume Sample

4.8
20 votes

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Johann Oberbrunner
41672 Quigley Parkways,  Houston, TX
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Work Experience


Commercial Loan Administrator
04/2018 - PRESENT
Boston, MA
  • Customer confidence and satisfaction by ensuring more complex transactions are processed and more complex non-routine business issues are resolved accurately and on a timely basis
  • Customer retention by ensuring service quality in processing transactions and resolving escalated issues
  • Bank financial performance by responding on a timely basis to changing operating conditions so as to mitigate financial penalties and costs; also ensures an appropriate balance between customer service and costs to minimize loss of revenue or customer dissatisfaction
  • Mitigation of reputational risk and financial loss against such things as fraud, defalcation and/or financial penalties by ensuring compliance with Bank P&Ps and regulatory requirements
  • Mitigation of costs/ impacts associated with human errors by supporting the proper coaching and training of others
  • High risk environment with strict timeframes that are time sensitive and subject to large penalties if timelines are missed
  • Serves as primary support for payments, draws, advances as part of the servicing function. Assists in the ongoing tracking and monitoring of covenants, insurance, et. al. to management. Assists in the preparation of reconveyences, collateral releases, and archiving
  • Review collateral documents for accuracy; ensure collateral lien perfection is secured to protect bank’s lien position (UCC, MV-1, Real Estate filings, etc.)
  • Forge effective working relationships with the company's Relationship Managers in order to define the structure of each loan request, ensure that the loan can be documented and accurately enter loan information into the CRE origination system
Senior Commercial Loan Administrator
12/2011 - 01/2018
New York, NY
  • Liaise with the Legal department as well as Credit Administration on issues/policies affecting CRE transactions
  • Liaise with the Bank's outside counsel as needed to ensure timely and accurate preparation of complex loan documentation
  • Prepare, copy and distribute daily overdraft reports, memo’s correspondence and other reports as directed
  • M&I system field input clearance
  • Assist Relationship Managers and Loan Teams with managing their workflow, questions regarding products, functionality, etc., providing options and escalating issues when appropriate
  • Perform quality assurance on KYC performed by the loan teams to ensure the Bank’s BSA/AML guidelines are met
  • Generate and obtain documentation related to the collateral and file all appropriate liens/holds, etc., to secure collateral
  • Communicates with other business units so that all customer service issues are resolved expeditiously, service level expectations are achieved and issues are added and prioritized on business unit project lists

Education


University of Connecticut School of Business
2007 - 2011
Bachelor's Degree in Finance

Professional Skills


  • Verifies that all pre-closing conditions have been met prior to authorizing funding
  • Prepares loan funding information based upon the approval and closing documents
  • Works with participant banks in arranging for funding on loans sold or purchased
  • Processes pre-closing escrow deposits made by customers held against closing costs such as fees, appraisals, etc
  • Solid knowledge and understanding of business unit’s key products and services, processes and controls
  • Solid understanding of business unit’s risk and regulatory requirements
  • Solid understanding of internal business partner’s business, services and organization

How to write Commercial Loan Administrator Resume

Commercial Loan Administrator role is responsible for events, travel, insurance, research, reporting, training, credit, software, microsoft, excel.
To write great resume for commercial loan administrator job, your resume must include:

  • Your contact information
  • Work experience
  • Education
  • Skill listing

Contact Information For Commercial Loan Administrator Resume

The section contact information is important in your commercial loan administrator resume. The recruiter has to be able to contact you ASAP if they like to offer you the job. This is why you need to provide your:

  • First and last name
  • Email
  • Telephone number

Work Experience in Your Commercial Loan Administrator Resume

The section work experience is an essential part of your commercial loan administrator resume. It’s the one thing the recruiter really cares about and pays the most attention to.
This section, however, is not just a list of your previous commercial loan administrator responsibilities. It's meant to present you as a wholesome candidate by showcasing your relevant accomplishments and should be tailored specifically to the particular commercial loan administrator position you're applying to. The work experience section should be the detailed summary of your latest 3 or 4 positions. Representative Commercial Loan Administrator resume experience can include:

  • Works cohesively with department manager to assist and manage calendar, travel & expenses. Coordinates and manage department external and internal client events
  • High proficiency in computer skills, specifically Microsoft Word, Excel and PowerPoint
  • Strong knowledge of commercial real estate and/or commercial documentation
  • Technical knowledge to include a thorough understanding of the commercial loan process, loan accounting, and complex commercial loan documentation
  • Recognizes and identifies potential areas where existing policies and procedures require change or where new ones need to be developed
  • Directs the examination of loan documentation before granting the loan or loan commitment to ensure its adequacy and completeness

Education on a Commercial Loan Administrator Resume

Make sure to make education a priority on your commercial loan administrator resume. If you’ve been working for a few years and have a few solid positions to show, put your education after your commercial loan administrator experience. For example, if you have a Ph.D in Neuroscience and a Master's in the same sphere, just list your Ph.D. Besides the doctorate, Master’s degrees go next, followed by Bachelor’s and finally, Associate’s degree.

Additional details to include:

  • School you graduated from
  • Major/ minor
  • Year of graduation
  • Location of school
These are the four additional pieces of information you should mention when listing your education on your resume.

Professional Skills in Commercial Loan Administrator Resume

When listing skills on your commercial loan administrator resume, remember always to be honest about your level of ability. Include the Skills section after experience. Present the most important skills in your resume, there's a list of typical commercial loan administrator skills:

  • Strong problem solving / decision making skills
  • Experience in commercial banking lending/management
  • Good understanding of internal business partner’s business, services and organization
  • Maintaining ownership of loan file in all aspects from initial due diligence review to loan closing for C&I loans
  • Prepare closing instructions and transmission of loan documents for recording to title/escrow
  • Prepare closing instructions and transmission of loan documents for recording of title/escrow

List of Typical Experience For a Commercial Loan Administrator Resume

1

Experience For Senior Commercial Loan Administrator Resume

  • Lead and Influence
  • Ensure adherence to Bank policies related to credit and compliance, such as: Know Your Customer (KYC), Anti-Money Laundering (AML), Compliance Testing, Risk Management support, due diligence requirements
  • Work independently and to make informed decisions
  • Follow instructions with attention to detail
  • Computer literate, with proficiency in MS Office/Word/Excel in the Windows environment
  • Loan Administration

List of Typical Skills For a Commercial Loan Administrator Resume

1

Skills For Senior Commercial Loan Administrator Resume

  • Review all loan documentation and closing due diligence packages to ensure deals maintain integrity and accuracy while meeting timing expectations and established SLAs
  • Experience: 10 or more years in commercial lending including origination, documentation, monitoring, collection, and reporting
  • Arranges for third party inspections prior to authorizing payment
  • Business purpose/commercial documentation experience handling complex and non-complex transactions
  • Conduct critical assessments of loan review and loan funding processes; identify redundancies/inefficiencies and lead efforts to mitigate
  • Credit analysis / commercial underwriting
  • Function as part of a team in a fast paced, frequently changing environment.
2

Skills For Commercial Loan Administrator, Eagle Lending Resume

  • Consult on updates to LaserPro documentation system
  • Assist management with other processes
  • Assists other associates when needed
  • Works with loan officers and third party professionals (attorneys, appraisers, inspectors, etc) in order to close loans in conformity with approved terms and conditions
  • Uses the tickler system to follow-up on missing or incomplete documentation
  • Reviews construction draws for completeness and accuracy and checks against approved budget
3

Skills For Commercial Loan Administrator Resume

  • Ensures that construction loans remain in balance throughout the life of the loan and that construction is active and on schedule
  • Obtains appraisals, and has them reviewed for completeness
  • Prepares authorization for payment for all third party professionals after determination that work has been completed satisfactorily
  • Prepares files for all loans assigned
  • Follows up on insurance for all construction loans and all corporate loans
  • Follows up on real estate taxes for all loans not in escrow
  • Maintains open communications with the relationship officer and the senior loan production officer to keep them informed at all times as to the status of loans assigned
  • Thorough knowledge of commercial finance, law, documentation, accounting and
4

Skills For Senior Commercial Loan Administrator Resume

  • Mentor and guide other loan administrators
  • Advanced knowledge of commercial lending activities, including order and review of required entity and collateral due diligence, preparation of loan documents, perfection of collateral and set-up of exception/ongoing monitoring requirements
  • Business purpose/commercial documentation experience handling complex and non-complex transactions
  • Knowledge: Good interpersonal skills; Good computer skills, including Word and Excel; Excellent communication skills, the ability to communicate and negotiate with all levels
  • Prior experience in a loan operations or loan closing environment
  • Commercial real estate credit analysis
  • Investigate and resolve or make recommendations to more senior team members on more complex, non-routine issues relating to internal business partner and/or external customer inquiries or requests, business process efficiency and quality control within established procedures
5

Skills For Commercial Loan Administrator, Eagle Lending Resume

  • Identify business processes, efficiency and control issues in timely fashion and escalate unusual issues to senior team members. Resolve more complex exceptions referred from more junior team members, as appropriate
  • Additional support to the entire real estate team with their needs as well
  • Manage departmental team meetings by managing calendar invites, create, copy and provide material for team meetings weekly or bi-weekly. Follow up and manage action items discussed at meetings
  • Work with credit department to coordinate weekly deal screen packages. Print and distribute portfolio review copies to department and or other meeting material when needed
  • Gathers new account documents for opening checking accounts and coordinates this process with supporting treasury teams. Monitors the opening of loans and deposits
  • Makes outbound courtesy calls to all new account customers. Reviews and facilitates appropriate notifications of client overdrafts on a daily basis
  • Provides for the training, development, and supervision (direct and indirect) of credit analysts, management associates, and others involved in the loan process
  • Advises credit and loan personnel on the Company’s overall lending policy noting significant trends and recommending policy changes as necessary
  • Serves as a liaison to internal and external examiners
6

Skills For Commercial Loan Administrator Resume

  • Prepare loan documentation to reflect approved loan terms and consistency with Bank Policy and Procedures for new loans and modifications as well as compliance with governing regulatory authorities
  • Reviewing loan package for accuracy and completeness. Verifies appropriate levels of authority for loan approval
  • Perform processing functions for the most complex transactions
  • Ensures loan approval conditions are satisfied thoroughly and all lending policy conditions are satisfied and approved by appropriate authorized levels
  • Training and Advisory
  • Performs quality review of prepared and/or executed documents and approves for further processing
  • Determine that all pre-closing requirements and audit exceptions are satisfied or appropriate waivers are obtained
7

Skills For Senior Commercial Loan Administrator Resume

  • 20%: Loan Closing
  • Loan Closing
  • Ensure loan documentation complies with Banks operational requirements and can be serviced on Banks system of record
  • Coordinate document negotiations between borrower, attorney and account offices as appropriate and obtain approvals as required
  • Deliver executable loan documents in accordance with account officer and borrower requirements
8

Skills For Commercial Loan Administrator, Eagle Lending Resume

  • Communicate and coordinate with all external parties with regards to required information (legal, title, and escrow)
  • Prepare loan documentation to reflect approved loan terms and consistency with Bank policy and procedures as well as compliance with governing regulatory authorities
  • Obtains and reviews entity documentation to determine authorized signers for legal documentation
  • Ensures all Bank requirements are met and documented
  • Maintains accurate and complete customer communication logs
  • Partners with the Credit Executives and Account Officer to resolve issues that arise, and interact with line management on escalations prior to ordering documents or boarding/funding
9

Skills For Commercial Loan Administrator Resume

  • Responsible for interfacing with Insurance Agents, and obtaining payoff demands to facilitate the loan closing
  • Review executed loan documents to ensure integrity of documents and proper execution
  • Responsible for ensuring that the Bank's lien is properly secured and acceptable insurance is obtained, all conditions have been satisfied and signed off by appropriate authorized levels, and coordinate closing and funding of the loan
  • Preparation of funding documentation including but not limited to boarding data for data processing system, reconciliation of fees and deposits, and satisfaction of loan compliance issues
  • Documentation Preparation
10

Skills For Senior Commercial Loan Administrator Resume

  • Organization and follow-up
  • Delegates work assignments appropriately and monitors activities
  • Interacts with supervisor and manager to develop and implement procedures
  • Review of executed loan documents to determine they have been properly signed, initialed and/or notarized
  • Preparation or coordination of applicable loan documents for filing/recording, funding and boarding of loan onto Banks system of record within required timeframes
  • Establish appropriate ticklers to cover all loan information to be monitored
  • In-depth knowledge of commercial real estate and/or commercial documentation

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