The posting
More than 135 years ago, we started with core values that never go out of style: listen, learn and help businesses and individuals reach their goals. These core values shape our culture, and we were recently Great Place to Work Certified because of our outstanding workplace culture and employee experience. As well, our financial strength and stability are key reasons Forbes named us one of the Best 100 Banks in America for the ninth consecutive year.
With more than $16 billion in assets and 135 branch locations throughout Washington, Oregon, Idaho, and California, we understand our role in the economy and take that responsibility seriously. In addition to offering a source of capital to personal banking clients and businesses of all sizes, we place a high importance on employee volunteerism and donate millions of dollars each year to community organizations.
As a CRE Closing Administrator II, you’ll play a key role in ensuring commercial real estate construction and permanent loans are closed accurately, efficiently, and in compliance with bank policies and regulatory requirements. This position partners closely with internal lending teams and external partners to support successful loan funding while helping protect the quality and integrity of the loan portfolio.
In this role you'll
- Prepare accurate and timely loan documentation for commercial real estate secured transactions, including reviewing collateral and preparing security agreements.
- Support Commercial Real Estate business lines including Home Builder, Income Property, and Affordable Housing lending through the closing and administration of construction and permanent loans.
- Review appraisals and pre-construction evaluations for new construction and development loans and validate evidence of prepaid construction costs prior to closing.
- Gather invoices, fees, and escrow settlement information to prepare funding statements and administer loan disbursements in accordance with established policies and guidelines.
- Partner with title companies, escrow officers, and insurance agents to obtain and review title policies, balance settlement statements, and verify proper insurance coverage.
- Oversee loan files to ensure complete and accurate documentation, reporting, statements, and accounting information are maintained.
- Assist in establishing and maintaining lien perfection on various forms of collateral.
- Support loan extensions, modifications, and routine closing activities while partnering with colleagues to meet production objectives.
- Provide guidance, training, and mentorship to newer team members.
- Ensure compliance with bank policies, procedures, security requirements, and applicable government regulations.
What we're looking for
- You have a Bachelor’s degree in Accounting, Auditing, Banking, Business Administration, Economics, Finance, or a related field (Required).
- Have 2 or more years of experience closing or funding commercial real estate secured loans (Required).
- Understand commercial real estate loan closing processes and documentation requirements (Required).
- An equivalent combination of education and experience may be considered in lieu of a bachelor's degree.
What helps you shine
- You have advanced knowledge of commercial real estate loan closing processes, documentation, and related systems.
- You are highly organized and able to manage multiple priorities while meeting deadlines in a fast-paced environment.
- Bring strong problem-solving, research, decision-making, and customer service skills.
- Communicate effectively both verbally and in writing and build strong working relationships with internal and external partners.
- You work successfully both independently and as part of a collaborative team.
- Proficient with Microsoft Office products and eager to learn new systems and technologies.
- Demonstrate exceptional attention to detail, accuracy, sound judgment, and discretion when handling confidential information.
- You have knowledge of federal and state laws and regulations related to real estate loan closing and funding.
- You possess a general understanding of the mortgage and commercial real estate lending industry.
Travel
- 2%
Our Company Values
- Do the right thing
- Mutual respect
- Teamwork
- Accountability
What Our Team Says
Compensation & Benefits
- Targeted starting salary range (based on experience): $70,677 - 83,150
- Annual incentive potential
- Comprehensive employee benefits, including: medical, dental, vision, LTD, STD and life
- Paid vacation time, sick time and 11 company paid holidays
- 401k (with up to 4% match)
- Tuition reimbursement
Review Banner's employee benefits at: Employee Benefits | Banner Bank
Please take time to review Banner Bank's Consent & Privacy notice before applying.
Banner Bank is an Equal Opportunity Employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, marital status, age, disability or protected veteran status.
Banner Bank does not accept unsolicited resumes from agencies and/or search firms for any job postings. Resumes submitted to any Banner Bank employee by a third-party agency and/or search firm without a valid written and signed search agreement, will become the sole property of Banner Bank. No fee will be paid if a candidate is hired for a position as a result of an unsolicited agency or search firm referral.
