Loan Administrator - Dallas Capital Bank

At Dallas Capital Bank, we are proud to bring a world-class banking experience that combines new technology with unceasing service to the Dallas metroplex, and the people who make it strong. We take pride in understanding our clients and the time to recognize their needs. Combining years of proficiency with a heart for service, our team is ready to partner with our clients and provide the support and guidance they deserve.

We are centrally located in Dallas at Spring Valley and Dallas North Tollway.

We are searching for a talented, analytical, and high-performing individual who wants stability, growth opportunity, and an excellent compensation and benefits package. The ideal candidate will be responsible for processing various types of commercial and consumer loan advance transactions, including revolving and committed lines of credit and construction draws for residential and commercial real estate properties. Responsible for managing documentation related to residential and commercial construction projects, including communication with third-party contractors regarding specs, plans, budgets, etc.

ESSENTIAL RESPONSIBILITIES:

• Monitor the Loan Advance group email box and respond to all requests/submissions within stated Service Level Agreements.
• Process all commercial line of credit advance requests in accordance with bank policy.
• Process all Commercial Real Estate construction advance requests, to include ordering inspections, ordering endorsements from title companies, tracking construction budgets, and collecting/reviewing all required construction due diligence items.
• Verify all requirements are met (per the loan documentation) prior to releasing loan funds, assist with exception tracking, down-date endorsements, lien waivers, and final project updates for both system and file documentation.
• Monitor, track, and collect all required insurance on construction loans.
• Coordinate with Relationship Managers, the Credit Team, Borrowers and Loan Operations Managers to obtain the proper approvals to advance funds.
• Process participation loan advance requests and verify all participating parties are in balance before and after each transaction.
• Assist with research regarding active construction projects, reconcilements and loan servicing transactions.
• Assist the management team in the preparation of support material associated with internal and external audits and/or bank exams.
• Complete and pass required compliance training courses.

QUALIFICATIONS:

• Bachelor's Degree or equivalent work experience
• 2+ years Commercial Loan Servicing Experience required
• 2+ years experience with Commercial loan documentation in any capacity required
• 2+ years construction loan servicing experience or experience with construction lending in a similar capacity preferred
• Experience with FIS products a plus.
• Ability to read and understand complex materials, including attorney prepared loan documents.
• Must have a thorough understanding and knowledge of lending regulations and compliance issues associated with various types of loans. (Commercial, Commercial Real Estate, Consumer, Loan Participations).
• Must have a thorough understanding of the various types of lending contracts, such as a Deed of Trust, Mechanic's Lien, Promissory Note, Security Agreement, UCC recording, etc.
• Knowledge of the basic provisions of state and federal laws (Reg Z, HMDA, CRA) pertaining to lending, collateral, perfection of liens and valid checks.
• Knowledge of various requirements and documentation related to funding commercial and residential construction projects.
• Excellent verbal and written skills with the ability to communicate quickly, effectively, and professionally.
• Deadline-driven with good organizational skills and strong attention to detail.
• Must be able to utilize standard business etiquette and work independently, adhering to policies and procedures, by utilizing judgment and discretion in problem solving.
• A willingness to learn new procedures and adapt to changes in the work environment
• Proficient with Microsoft Office Suite (Outlook, Word, Excel).

WORKING CONDITIONS / ENVIRONMENT:

HOURS: Monday Friday; 40 hours per week; 8:00am - 5:00pm

Some variation in work hours may be required as job duties demand.

Onsite or Non-Remote

TRAVEL: None

Please note this job post is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee occupying this position. Duties, responsibilities, and activities may change at any time with or without notice.

Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, national origin, age, disability, genetic information, veteran status, or any other status protected by applicable law.