Banking & Commercial Loan Processing Clerk jobs in Richmond, VA

Banking & Commercial Loan Processing Clerk performs routine administrative tasks in support of the commercial banking and business loan processing group. Tasks include preparing credit reports, maintaining processing records, and responding to simple questions. Being a Banking & Commercial Loan Processing Clerk requires a high school diploma or its equivalent. Typically reports to a supervisor or manager. The Banking & Commercial Loan Processing Clerk may require 0-1 year of general work experience. Possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. (Copyright 2024 Salary.com)

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Commercial Construction Loan Administrator
  • Locus
  • Richmond, VA FULL_TIME
  • Description

      

    About Locus:

    Locus creates equitable access to capital by developing community partnerships and innovative tools that tackle systemic challenges and advance promising opportunities. We envision a world in which people and places have the capital and ecosystem partners needed to realize prosperous futures.


    Locus (formerly Virginia Community Capital) is a $335 million nonprofit and parent organization for a family of social enterprises, which includes Locus Bank, Locus Impact Fund, Locus Capital, and the Community Investment Guarantee Pool, or CIGP. The mission of Locus is to create equitable access to capital by developing community partnerships and innovative tools that tackle systemic challenges and advance opportunities. Locus employs solutions to address inequities, including lending, banking, impact-driven programs, place-based investments, and strategic consulting and work with each community to build investment strategies that lift their assets and meet their unique needs.  To learn more, visit locusimpact.org.


    The Commercial Construction Loan Administrator is responsible for the administration of construction loans, line of credit advances, real estate valuation reports, and environmental site assessments reports, with heavy emphasis on construction loans. Communicates and collaborates with credit risk management, loan officers, and loan operations staff on a regular basis, a critical element of this position is serving the internal and external customer. 

    Requirements

     Under the supervision of the Credit Risk Officer II, the Commercial Construction Loan Administrator will:

    • Conduct pre-closing file review of budgets, contracts, plans, and building permits.
    • Review AIA Payment Applications.
    • Monitor construction progress compared to budget.
    • Order and review construction site inspections.
    • Order and review title updates.
    • Manage the disbursement of real estate construction loans and lines of credit in a timely manner.
    • Manage the appraisal pipeline, which includes maintaining the approved appraiser list, ordering appraisals, and ensuring appraisals are delivered based on established timelines.
    • Review and approve 1-4 family appraisals as well as approve third-party reviews of commercial appraisals. Full review and approval of commercial appraisals may be required on occasion.
    • Manage the environmental site assessment reports, including ordering environmental reports and ensuring environmental reports are delivered based on established timelines.
    • Review and approve environmental site assessment reports .
    • Participate in ad-hoc projects as required.

    Qualifications:

    • Relevant work experience of at least 3-5 years in a credit risk administration function (construction management, appraisal management, commercial loan documentation, commercial loan operations, etc.) is required. 
    • Knowledge and demonstrated experience in construction loan management is required.
    • Knowledge and demonstrated experience in appraisal review is preferred.
    • Knowledge and experience in federal regulations governing appraisal management is preferred.
    • Knowledge and demonstrated experience in environmental studies review is preferred.
    • Ability to apply previous banking work experience and knowledge to a unique business model.
    • Demonstrated advanced proficiency in use of Microsoft Office Software (Teams, Access, Excel, Word, PowerPoint).
    • Working knowledge of Salesforce is preferred.
    • Effective written communication skills to deliver content and recommendations accurately.
    • Ability to organize and prioritize work activities to meet deadlines and ensure high quality work products.
    • High level of flexibility and attention to detail is required.
    • Ability to travel as required .

     Mission/Vision/Organizational Values: 

    • Effective, respectful, and timely communications with internal and external stakeholders.
    • Analytic, thoughtful and strategic thinking and thoroughly aware of organizational goals and strategic direction. Must have the ability to switch roles and procedures easily to facilitate change in line with organizational priorities.
    • Physical Sensory Demands: Fast-paced working environment requiring quick decisions within areas of responsibility.
    • Extensive Computer usage and Microsoft Teams communication.
    • Must be able to work independently in a stable remote environment.
    • Consider the mission, objectives, and goals of Locus and demonstrate an understanding of the impact of decisions and behavior on the organization.
    • Sensitivity to racial, gender, sexual orientation and cultural differences and treat everyone with dignity and respect.
    • Strong analytical and interpersonal skills with a demonstrated ability to establish and maintain effective working relationships with others and successfully interact with people at all management and support levels, as well as people of diverse socio-economic backgrounds.

    Locus prefers applicants within one hour drive from Locus' headquarters in Richmond, VA.  Considerations may be given to qualified candidates from East Coast states where business relationships have already been established, they include:  Virginia, New York, Florida, New Jersey, West Virginia, Georgia, North Carolina, Massachusetts and Pennsylvania.

     

    Locus offers a competitive salary based on experience and skills, as well as an excellent benefits package including health, disability, life insurance, 401(k) savings plan with employer match, and paid time off. 


    The salary range for the Commercial Construction Loan Administrator is $50,000 - $65,000.


    EEO Statement 

    Locus is an Equal Opportunity Employer. Locus does not discriminate in hiring or employment practices on the basis of race, color, religion, gender, age, sexual orientation, marital or familial status, national origin, non-job-related disability, or status as a veteran.   

  • 16 Days Ago

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Loan Specialist (Commercial)
  • US Agriculture, Rural Development
  • Richmond, VA FULL_TIME
  • Duties Reviews and analyzes preapplications, applications and all supporting documents to determine loan or grant eligibility and inputs data into appropriate automated database system. Analyzes finan...
  • 1 Month Ago

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Corporate Intern (Wholesale Banking, Commercial Real Estate)
  • Atlantic Union Bank
  • Richmond, VA INTERN
  • Position Description Atlantic Union’s Diversity Summer Internship program is a professional development opportunity for local diverse students to gain practical work experience, helping students becom...
  • 4 Days Ago

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Corporate Intern (Wholesale Banking, Commercial Real Estate) (Hybrid, Richmond O
  • Atlantic Union Bank
  • Richmond, VA INTERN
  • DescriptionPosition Description This position is hybrid with Tues-Thurs in our Richmond, VA, downtown office. Atlantic Union's Diversity Summer Internship program is a professional development opportu...
  • Just Posted

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Tire Technician - Commercial Tires
  • GTT Commercial Tires LLC
  • Richmond, VA FULL_TIME
  • We are seeking a Commercial Tire Technician to join our team! You will perform duties such as dismount, mount and installation of commercial tires in order to ensure customer satisfaction and retentio...
  • 4 Days Ago

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Commercial Construction Assistant Project Manager
  • Fortitude Commercial Contracting, Inc.
  • Richmond, VA FULL_TIME
  • Best & Brightest Highly Motivated Top Talent Winning Team If you are just looking for a paycheck, please do not apply. If you are looking to be challenged, learn, and be part of a team that strives fo...
  • 2 Months Ago

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0 Banking & Commercial Loan Processing Clerk jobs found in Richmond, VA area

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Vice President of Finance
  • The Judge Group
  • Richmond, VA
  • Our client is currently seeking a Vice President of Finance for their manufacturing headquarters in the Baltimore, MD ar...
  • 3/28/2024 12:00:00 AM

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OMS Block Grant Specialist
  • Virginia Department of Human Resource Management
  • Richmond, VA
  • OMS Block Grant Specialist Job no: 5008626 Work type: Full-Time (Salaried) Location: Richmond (City), Virginia Categorie...
  • 3/28/2024 12:00:00 AM

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Remote Regulatory Compliance Analyst (Insurance Industry)
  • National General Insurance
  • Richmond, VA
  • Job Description Position/Title: Remote Regulatory Compliance Analyst (Insurance Industry) ** NOTES: Ideal candidate will...
  • 3/28/2024 12:00:00 AM

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Associate Personal Banker - Roving | Richmond River District
  • WELLS FARGO BANK
  • Richmond, VA
  • Why Wells Fargo: Are you ready for the next step in your career? This is where it begins - at a company known for our "W...
  • 3/27/2024 12:00:00 AM

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Assistant Branch Manager
  • Havertys
  • Richmond, VA
  • **Assistant Branch Manager** **Location:** Richmond, VA, USA **Job Description** As an **Assistant Branch Manager**, you...
  • 3/27/2024 12:00:00 AM

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Dealer Finance Credit Processor I
  • Atlantic Union Bank
  • Richmond, VA
  • ** Dealer Finance Credit Processor I** **Job Category****:** Dealer Finance **Requisition Number****:** DEALE04688 Showi...
  • 3/27/2024 12:00:00 AM

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PT Pricing Coordinator
  • Food Lion
  • Richmond, VA
  • Address: USA-VA-Richmond-6815 Forest Hill Ave Store Code: Store 01240 Managers (7220392) Food Lion has been providing an...
  • 3/26/2024 12:00:00 AM

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Director of Operations Accounting
  • Virginia Department of Human Resource Management
  • Richmond, VA
  • Director of Operations Accounting Job no: 5011876 Work type: Full-Time (Salaried) Location: Richmond (City), Virginia Ca...
  • 3/26/2024 12:00:00 AM

Richmond (/ˈrɪtʃmənd/) is the capital of the Commonwealth of Virginia in the United States. It is the center of the Richmond Metropolitan Statistical Area (MSA) and the Greater Richmond Region. Richmond was incorporated in 1742 and has been an independent city since 1871. As of the 2010 census, the city's population was 204,214; in 2016, the population was estimated to be 223,170, making Richmond the fourth-most populous city in Virginia. The Richmond Metropolitan Area has a population of 1,260,029, the third-most populous metro in the state. Richmond is located at the fall line of the James R...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Banking & Commercial Loan Processing Clerk jobs
$32,070 to $42,319
Richmond, Virginia area prices
were up 1.2% from a year ago