Customers Bank

Construction Loan Administrator

Job Locations US-PA-Langhorne
Posted Date 1 month ago(1/18/2018 2:59 PM)
Job ID
# of Openings


At Customers Bank, we believe in working hard, working smart, working together to deliver memorable customer experiences, and having fun. Our vision, mission, and values guide us along our path to achieve excellence. Passion, attitude, creativity, integrity, alignment, and execution are cornerstones of our behaviors. They define who we are as an organization and as individuals. Everyone is encouraged to have personal development plans. By doing so, our team members are on their way to achieve their highest potential and be successful in their personal and professional lives.

Customers Bank, recently named by Forbes magazine as the 35th Best Bank in America (there are over 5,700 banks in the United States!), has an immediate opening for a Construction Loan Administrator within our Credit Administration team. As a Construction Loan Administrator, you will be responsible for accurately administering a portfolio of construction loans and maintaining positive relationships with customers, attorneys, third party vendors, and various departments throughout Customers Bank. In addition to administering construction loans, having experience in closing loans is critical in order to be successful in this role.  

We are looking for a strong communicator with excellent problem-solving skills, who thrives in a fast-paced environment.


  • Prepare and review pre-closing documentation for commercial real estate construction and permanent loans.
  • Review loan approval documents, construction loan agreements, and engineer’s plan & cost report to ensure proper loan administration.
  • Assess borrower’s monthly requisition for accuracy and compliance with approved loan and funding budgets alongside the Relationship Manager in order to coordinate monthly advances with borrower, the inspecting engineer, and title company.
  • Loan set-up including completion of boarding sheets, calculation of required escrows, reserves and prepaid interest, preparation of general ledger debit and credit entries, and initiating wire transfers.
  • Maintain loan spreadsheets on a regular basis reflecting each funding, principal pay down, and release consideration payment.
  • Coordinate and fund construction loan advances including participated and syndicated loans.
  • Analyze and reconcile Construction Loan Report on a monthly basis.
  • Completion of quarterly loan status reports.


  • At least 5 years of work experience in Commercial Construction Mortgage Loan Administration.
  • Associate’s degree in Finance, Accounting, Economics, or a related field required.
  • Knowledge or work experience within the legal field preferred.
  • Team oriented with highly effective communications skills.
  • Ability to multitask and resolve problems independently.
  • Exceptional attention to detail and accuracy.
  • Highly proficient with Microsoft Office Suite.


Customers Bank will provide consideration for employment to qualified applicants without regard to their race, color, religion, national origin, sex/ gender, sexual orientation, gender identity, protected veteran status or disability.


VEVRAA Federal Contractor, seeking priority referral of qualified protected veterans.


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