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Commercial Real Estate Draw Specialist at Commerce Bank

Posted in Banking 30+ days ago.

Location: Kansas City, Missouri





Job Description:
About Working at Commerce
Wouldn't it be great to build your career at a bank that's known for helping people with their financial challenges? That's exactly what you'd be doing when you join the team at Commerce Bank. We're looking for teammates who are ready to do whatever it takes to help our customers with their everyday financial needs. You'd be helping yourself too, because Commerce has a tradition of recognizing and rewarding team members for their talent, skills and contributions.

No wonder we've been an industry leader for over 150 years and have developed a reputation as a great place to work in the financial services world. If you'd like to be a part of a team and culture that is respected by its peers and in your community, we should talk. We're always looking for the best and brightest.

Job Category:
Grade 08 ----------------------------------------------------------------------
Location: 1000 Walnut St, Kansas City, Missouri 64106 ----------------------------------------------------------------------

Job Expectations:
About This Job

As a Real Estate Specialist, you'll handle commercial real estate closings including the selection, price negotiation and approval of third party reports including title commitments, environmental assessments and surveys. You'll also review third party reports and resolve title issues, environmental concerns or survey exceptions.

Essential Functions

- Work directly with CRE Servicing Supervisor and close working relationship
with CRE Manager, attorneys, borrowers, relationship managers, general
contractor, inspecting architect and title company during the commercial loan
construction process.
- Responsible for administering construction draw process including but not
limited reviewing mechanic lien searches, inspection reports, loan budget
comparison, submit for approval the draw funding, verifying the work was
processed accurately, and update pipeline and commitment balance
spreadsheets.
- Resolve any issues that arise during the construction loan phase.
- Provide CRE Servicing Supervisor, CRE Manager, Relationship Manager and
CRE Real Estate Closing Specialist with technical expertise and communicate
bank policies for customer presentation of the draw process.
- Administers and reconciles accounts receivable general ledger account
- Supports department with customer relations, including but not limited to,
processes advances & payments, direct collection of deposits, wire transfers,
overdrafts, fraud, etc.
- Perform other duties as assigned

Work Schedule: Monday - Friday, 8:00am-5:00pm

Knowledge, Skills, & Abilities

- Motivated and organized self-starter with strong attention to detail and the
ability to manage multiple priorities
- Inquisitive, agile and strong team player with excellent written, verbal and
interpersonal communication skills
- Ability to remain adaptable and resilient to all situations with an optimistic
outlook and cast a positive shadow that is aligned with our culture and Core
Values
- Advanced level proficiency with Microsoft Word, Excel, Outlook, and Adobe
Acrobat

Education & Experience

- Bachelor's degree or equivalent combination of education and work
experience.
- 5+ years experience in banking with commercial or residential real estate, title
company, or legal and financial background preferred.
Time Type:
Full time
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