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Loan Administrator CRE Construction

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Associated Bank
Full Time position
Listed on 2026-01-20
Job specializations:
  • Finance & Banking
    Loan Servicing, Banking & Finance, Banking Operations, Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 23.16 - 39.7 USD Hourly USD 23.16 39.70 HOUR
Job Description & How to Apply Below

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported then Associated Bank may be the right place for you.

Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process. Associated Bank conducts a thorough background check on all new hires.

Join Associated Bank's Commercial Real Estate (CRE) team. The Commercial Loan Administrator is responsible for facilitating the construction loan monitoring process within the Commercial Real Estate division. Their role ensures compliance with internal policies, regulatory standards, and operational procedures while maintaining data integrity and supporting the deal team and borrower throughout the loan lifecycle.

Key Accountabilities
  • Coordinate and oversee the construction loan monitoring process ensuring timely compliant and accurate execution of borrower advances.
  • Collaborate with Commercial Loan Services Syndications agent and member banks, title companies, inspecting architects and other stakeholders to resolve deal-related issues.
  • Manage borrower communication and provide superior customer service to internal deal teams and borrowers throughout the construction draw process.
  • Ensure compliance with Standard Operating Procedures (SOP), Loan Policy, regulatory requirements and internal standard.
  • Monitor and verify third-party reports, construction documentation, and state lien law requirements for title practices and due diligence.
  • Process construction loan draws, review due diligence and confirm all post-closing and insurance items are satisfied before funding.
  • Maintain data integrity across systems and documentation; identify and resolve internal issues proactively.
  • Support syndication activities by managing loan documentation timing and funding when Associated Bank acts as Administrative Agent.
Education & Experience

Required:

  • Bachelor's degree or equivalent combination of education and experience in Business Finance or Accounting
    .
  • 3 years customer service experience in a professional office setting.
  • 3 years experience in commercial or CRE finance, legal documentation, accounting or data systems.

Preferred:

  • 3 years experience in loan administration including construction loan monitoring and/or loan closing.
  • 3 years experience reviewing and analyzing credit and loan documents
    .
  • 3 years commercial real estate due diligence review experience.
Why You'll Love Working Here

At Associated Bank you’ll join a team that values collaboration, accountability and continuous learning. We invest in your professional growth and provide opportunities to make a meaningful impact on clients and communities.
Apply today to make an impact and build your career with us.

Benefits
  • Retirement savings including both 401(k) and Pension plans.
  • Paid time off to volunteer in your community.
  • Opportunities to connect with others through our diversity-focused Colleague Resource Groups.
  • Competitive salaries with professional development and advancement opportunities.
  • Bonus benefits including well-being programs and incentives, parental leave, employee stock purchase plan, military benefits and much more.
  • Personal banking, loan, investment and insurance benefits.
Compliance Statement

Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status among other factors.

Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence.

Responsible to report all customer complaints as prescribed and procedure violations to management or HR.

Responsible to report ethical concerns as needed to Associated Bank's anonymous Ethics Hotline.

Associated Bank provides additional assistance throughout the application interview and hiring process. Please contact if you need an accommodation at any time during the process.

Associated Banc-Corp participates in the E-Verify Program. E-Verify Notice English or Spanish. Know Your Right to Work English or Spanish.

Associated Bank is Pay Transparency compliant.

The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including but not limited to work location, skills, experience, education and qualifications for the role.

$23.16 - $39.70 per hour

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