Commercial Credit Construction Administrator I

M&T Bank • Paramus, NJ • 6h ago

Overview:

Administers a Commercial Real Estate and multi-family residential construction loan portfolio from origination through payoff or rollover. Works independently or on more complex loans with assistance from manager.

Primary Responsibilities:

Review loan documents to ensure consistency with loan approval and Bank construction requirements.

Coordinate with closing attorney, borrower, investors and participants for pre- and post-closing construction loan requirements for adequacy and compliance prior to loan settlement and/or advances.

Ensure up-front equity requirements have been met prior to hard cost funding.

Provide analysis and maintenance of loan budget and reallocations to ensure project remains in line with approved costs and completion date.

Prepare ticklers and track covenant compliance in connection with construction; track relevant covenant data in the system for reporting to senior management.

Work directly with inspector to ensure inspections are timely and provide appropriate data to determine a project is on target with budget and completion. Work with manager, Relationship Manager, inspector and borrower to resolve unforeseen issues that may develop during construction.

Understand and comply with state specific title requirements to maintain Bank's lien priority. Work with title company, Relationship Manager and customer to address intervening liens and other matters of title that develop during the funding process.

Identify critical risks or project setbacks through careful analysis of title updates, draw back-up and budget updates and site inspections and escalate issues to appropriate internal and line management for resolution and approval.

Participate in department-wide special projects and initiatives as needed.

Ensure loan budgets and project performance are appropriately maintained on the system.

Understand and adhere to the Company's risk and regulatory standards, policies and controls in accordance with the Company's Risk Appetite. Identify risk-related issues needing escalation to management.

Promote an environment that supports belonging and reflects the M&T Bank brand.

Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.

Complete other related duties as assigned.

Education and Experience Required:

Bachelor's degree and a minimum of 2 years' proven commercial real estate and/or multi-family closing, asset management, loan administration or underwriting experience, or in lieu of degree, a combined minimum of 6 years' higher education and/or work experience with a minimum of 2 years' proven commercial real estate and/or multi-family closing, asset management, loan administration or underwriting experience

Education and Experience Preferred:

Previous Bank experience in CRE and multi-family residential construction monitoring or loan workout

Knowledge of Bank policies, procedures and banking regulations

Proficiency with personal computers as well as pertinent software packages, loan information systems and internet applications

Proven analytical skills

Proven organizational skills

Proven verbal and written communication skills

Ability to interact with all levels of personnel

Detail-oriented

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $75,900.00 - $126,500.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Paramus, New Jersey, United States of America

M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.

Similar Jobs

Construction Laborer

Aerotek • Newark, NJ • 6h ago

Trucking & Construction

Concrete Laborer / Concrete Repair Technician (Open to Spanish Speaking / Bilingual) $20-$30 Pay: $20-$30 per hour Location: Travel throughout NY & NJ Job Summary We are hiring a Concrete Repair Technician to perform...

6h ago

Go to Apply

Construction Laborer

Aerotek • Newark, NJ • 6h ago

Trucking & Construction

Description Assist with daily construction tasks on active job sites, including material movement, site preparation, cleanup, and supporting skilled trades. Work under supervision to ensure projects progress safely and e...

6h ago

Go to Apply

Construction Project Engineer

City of New York • New York, NY • 7h ago

Trucking & Construction

Job Description The NYC Department of Environmental Protection (DEP) enriches the environment and protects public health for all New Yorkers by providing 1.1 billion gallons of high-quality drinking water, managing waste...

7h ago

Go to Apply

Entry-Level Field Engineer - Heavy Civil Construction

Tutor Perini • White Plains, NY • 8h ago

Trucking & Construction

Expected Salary range is $80,000.00 - $110,000.00 depending upon experience NO STAFFING AGENCY CANDIDATES WILL BE CONSIDERED FOR THIS POSITION Applicants must be eligible to work in the United States without visa sponsor...

8h ago

Go to Apply

Class B Vacuum Truck Route Driver

Clean Harbors • Linden, NJ • 18h ago

Trucking & Construction

Safety-Kleen in Linden is seeking a Class B Vacuum Truck Route Driver (Vacuum Sales and Service Representative) to manage a route and operate a Vacuum Truck to pick up industrial waste from customers such as automotive r...

18h ago

Go to Apply

CDL Driver - Class A

Almstead Tree and Shrub Care • New Rochelle, NY • 18h ago

Trucking & Construction

Almstead Tree and Shrub Care is a second-generation, family-owned arboriculture firm that has been offering environmentally conscious services the NY, NJ, and CT tri-state area since 1964. We are a TCIA accredited compan...

18h ago

Go to Apply

Construction Manager (Washington, DC)

Planate Management Group LLC • Jersey City, NJ • 1d ago

Trucking & Construction

Planate Management Group (PMG) is a Service-Disabled Veteran-Owned Small Business (SDVOSB) headquartered in Alexandria, Virginia, and Orlando, Florida USA with a technical support center in South East Asia and East Afric...

1d ago

Go to Apply

CDL Truck Driver Roll Off/Bagster

WM • Fairview, NJ • 1d ago

Trucking & Construction

Pay Range: $34.31 Shift: Monday-Friday, some Saturdays 4:30am start time What is the value of a WM job? The value of a WM job is more than a paycheck. It's a way to create opportunities for you and your family. We Are St...

1d ago

Go to Apply

Construction Accountant

Aston Carter • New York, NY • 2d ago

Trucking & Construction

Job Title: Construction Accountant Job Description We are seeking a dedicated Construction Accountant who will take ownership of construction accounting tasks, including job costing, WIP tracking, and project financial r...

2d ago

Go to Apply

Construction Intern - Nationwide 2026

Gilbane Building Company • Newark, NJ • 2d ago

Trucking & Construction

2d ago

Go to Apply

Subscribe to get new jobs sent directly to you
(no charge, cancel anytime)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.