M&T Bank Corporation

Construction Administrator II

M&T Bank Corporation$74K — $124K *
York, PA 17403In-Person
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or 3 years of commercial real estate experience
  • Minimum of 3 years in closing, asset management, loan administration, or underwriting
  • Preferred bank experience in construction monitoring or loan workouts
  • Knowledge of banking policies and regulations
  • Strong analytical, organizational, and communication skills
  • Detail-oriented with the ability to interact at all organizational levels

Responsibilities

  • Review loan documents for compliance and approval consistency
  • Coordinate with stakeholders for loan closing requirements
  • Ensure equity requirements are satisfied prior to funding
  • Analyze loan budgets and track project completion
  • Prepare and monitor compliance ticklers and reports
  • Work with inspectors to ensure timely project assessments
  • Identify and escalate project risks to management
  • Participate in departmental projects and maintain control standards

Benefits

  • Comprehensive health insurance
  • 401(k) retirement savings plan with employer match
  • Paid time off and holiday pay
  • Professional development and training programs
  • Employee assistance programs and wellness initiatives
Full Job Description
Independently administers a complex Commercial Real Estate and multi-family residential construction loan portfolio from origination through payoff or rollover. 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 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 course of 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. - Assist manager with new employee training or with issues typical of complex loans. - 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 3 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 7 years' higher education and/or work experience including a minimum of 3 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 Strong analytical skills Strong organizational skills Strong 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 $74,600.00 - $124,400.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation. Location York, Pennsylvania, United States of America

About M&T Bank Corporation

M&T Bank is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, operates banking offices in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia. Trust-related services are provided by M&T's Wilmington Trust-affiliated companies and by M&T Bank. M&T Bank traces its origins to the founding of Manufacturers and Traders Bank in Buffalo, New York. As a result of mergers, acquisitions, and name changes, M&T Bank Corporation's principal bank is now known as Manufacturers and Traders Trust Company or M&T Bank. M&T Bank reorganized under a bank holding company in 1969 called First Empire State Corporation. The name was changed in 1998 to M&T Bank Corporation, whose common stock is listed on the New York Stock Exchange and trades under the symbol "MTB."

M&T Bank Corporation Careers

Join the vibrant team at M&T Bank Corporation, a leading financial institution where innovation meets tradition, offering a plethora of job opportunities across various sectors. As one of the most respected banks in the nation, M&T Bank Corporation is the perfect place to jumpstart or advance your career in the financial services industry.

Work You’ll Do

At M&T Bank Corporation, you will be part of a culture that cherishes diversity, leadership, and professional growth. Engage in work that makes a real difference in the community while fostering your career development through comprehensive training programs and diverse learning opportunities.

Innovate and Lead

Embrace the chance to work on projects that integrate cutting-edge financial technologies with robust, traditional banking practices. M&T Bank Corporation is at the forefront of the financial industry, offering innovative solutions that redefine banking standards. Our leadership in the market is driven by a commitment to excellence and continuous improvement.

Career Growth and Opportunities

Whether you are looking for an entry-level position or a more senior role, M&T Bank Corporation provides a dynamic pathway for career advancement. With a variety of job opportunities ranging from internships to full-time positions, you can find the perfect match for your skills and ambitions. Our team is dedicated to helping you navigate your career path with tailored development plans and leadership training.

Join Our Team

Explore job opportunities and join a team that values hard work, creativity, and strategic thinking. M&T Bank Corporation is hiring professionals who are passionate about finance and eager to contribute to a team-oriented environment. Enhance your skills through hands-on experience and ongoing professional development.

Networking and Professional Development

At M&T Bank Corporation, networking and professional development are part of our DNA. Connect with industry leaders, participate in high-impact networking events, and take advantage of our mentorship programs. Our employees benefit from a supportive network that boosts their career trajectories and fosters meaningful professional relationships.

Benefits and Culture

Enjoy a comprehensive benefits package that supports both your professional and personal life. M&T Bank Corporation offers competitive salaries, health benefits, and retirement plans designed to ensure the well-being of our team members and their families. Experience a supportive and inclusive culture where every employee is valued and given the opportunity to thrive.

How to Apply

Ready to take the next step in your career? Visit the M&T Bank Corporation Careers page to browse current openings, submit your resume, and prepare for your interview. We are excited to see how your skills and ideas can contribute to our continued growth and success.

Stay Connected

Keep up to date with the latest from M&T Bank Corporation by following our careers blog. Gain insights from our experts and stay informed about new job openings and upcoming networking events. Join M&T Bank Corporation today and be part of a team that is dedicated to growth, innovation, and leadership in the banking industry. Your future starts here!
Learn more about M&T Bank Corporation
Size
17,115 employees
Market Cap
$25.2 billion
Industry
Net Income
$1.3 billion
Founded
1868
5 Year Trend
+0.2%
NASDAQ

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