CRE Loan Administrator

TriState Capital Bank is an independent chartered bank subsidiary of Raymond James. Headquartered in Pittsburgh, PA, TriState Capital Bank provides premier private banking, commercial banking, and treasury management products and services to corporate, institutional, and high-net-worth (HNW) clients.

Job Summary: 

The Commercial Real Estate (CRE) Loan Administrator provides ongoing administration and maintenance of an assigned portfolio of commercial real estate and/or swap loans post-closing.

Essential Duties and Responsibilities:

•         Reviews, closes, and processes modifications/extensions, payments, rate changes, payoffs, partial releases, full releases and exceptions
• Administers the construction draw process which includes reviewing budgets and ensuring that the loans are balanced (including letter of credit exposure); reviews inspection reports, identifies and resolves construction and title issues. Ensures that requests are in accordance with governing loan documents and procedures and that all required approvals have been received
• Administers swapped loans (if assigned), including onboarding new swaps, manual monthly reconcilement of billing, applying and requesting payments to the loan and swap
• As needed, coordinates the loan closing process including performing necessary due diligence, gathering client data, reviewing loan approvals and executed documents, reviewing the initial draw request, preparing funding requests and following up on post-closing exceptions
•       Works closely with loan closers, relationship managers, portfolio managers, internal and external counsel, borrowers and all other authorized parties affiliated with each loan transaction

  Knowledge, Skills, and Abilities:
Knowledge of:
 Fundamental accounting concepts, practices and procedures.
 Accrual-based accounting practices.
 Multi-state commercial and retail loan servicing practices.
 Commercial loan structuring.
Skill in:
 Reviewing and interpreting commercial loan terms and documentation.
 Identifying and resolving unusual transactions, interest accounting discrepancies and regulatory discrepancies.
 Preparing spreadsheets and creating formulas.
 Reconciling bank and general ledger accounts.
 Operating standard office equipment and using required software applications to produce correspondence, electronic communication and maintain spreadsheets and databases.
Ability to:
 Identify and recommend changes to standard procedures as required by specific situations and circumstances.
 Make moderately complex decisions.
 Communicate effectively, both orally and in writing, with all organizational levels.
 Solve moderate to complex system-related loan and accrual issues.
 Organize, manage and track multiple detailed tasks and assignments with frequently changing priorities in a fast-paced and deadline-driven work environment.
 Provide a high level of customer service.
Educational/Previous Experience Requirements:
 Bachelor's Degree (B.A.) or equivalent in Finance or Business Administration.
~or ~
 Any equivalent combination of experience, education, and/or training approved by Human Resources.
Licenses/Certifications:
 None required.
         Raymond James Bank is an EOE/AA and VEVRAA Federal Contractor
         Priority will be given to protected veterans  
         EOE/AA: Female/Minorities/Disabled/Protected Veterans/LGBT