Senior CRE Draw Administrator
Company: VirtualVocations
Location: Norfolk
Posted on: October 16, 2024
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Job Description:
A company is looking for a Senior CRE Draw Administrator to
manage construction draw analysis and budget monitoring for complex
commercial real estate loans.
Key Responsibilities
Handle all aspects of the draw process for a portfolio of CRE
income property and homebuilder loans
Analyze loan documents for compliance and accuracy, including
appraisal and preconstruction evaluations
Coordinate with third-party inspectors and other stakeholders for
timely draw processing and issue resolution
Required Qualifications
Bachelor's Degree in Accounting, Business, Economics, Law, Computer
Science, or a related field
6 or more years of experience in commercial real estate banking
Extensive experience in funding and draw processing of complex CRE
income property and homebuilder products
Knowledge of AIA documentation and budget balancing
requirements
Experience with loan system processing, GL accounting, and wire
balancing
Keywords: VirtualVocations, Norfolk , Senior CRE Draw Administrator, Accounting, Auditing , Norfolk, Virginia
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