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Loan Administrator - CRE

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Associated Bank - Corp
Full Time position
Listed on 2026-10-05
Job specializations:
  • Finance & Banking
    Loan Servicing, Banking & Finance
Salary/Wage Range or Industry Benchmark: 32000 - 55000 USD Yearly USD 32000.00 55000.00 YEAR
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.

CLOSING:
Provide facilitation of the loan closing and/or construction monitoring process and superior customer service to the deal team and The Loan Administrator plays a key role in facilitating commercial real estate loan closings and construction loan monitoring activities from due diligence through funding and post-closing follow-up. This position works closely with borrowers, legal counsel, lending teams, and other stakeholders to ensure transactions are completed accurately, efficiently, and in compliance with applicable policies and regulatory requirements.

The role also helps deliver a high-quality customer experience throughout the loan lifecycle.

This position is open to the following markets:
Dallas, Chicago, Houston, and Minneapolis

Job Accountabilities
  • Coordinate commercial real estate loan closings from due diligence collection through booking and funding.
  • Review and facilitate loan documentation, ensuring closing requirements and conditions are satisfied prior to funding.
  • Partner with borrowers, legal counsel, lenders, title companies, and other stakeholders to resolve issues and maintain transaction timelines.
  • Prepare and review settlement statements, process loan disbursements, and support accurate funding activities.
  • Manage construction loan monitoring activities, including processing equity and loan draws and coordinating due diligence reviews.
  • Monitor post-closing deliverables, follow up on outstanding documentation, and ensure complete and accurate loan files.
  • Maintain data accuracy across loan administration and document management systems.
  • Support compliance with banking regulations, internal policies, and established procedures throughout the loan lifecycle.
Education & Experience Required
  • Bachelor's degree in business, Finance, Accounting, or an equivalent combination of education and experience.
  • 3+ years of customer service experience in a professional office environment.
  • 3+ years of experience in commercial lending, commercial real estate finance, legal documentation, accounting, and/or loan-related data systems.
Preferred
  • 3+ years of loan administration experience focused on construction loan monitoring and/or loan closing.
  • 3+ years of experience reviewing and analyzing credit and loan documentation.
  • 3+ years of commercial real estate due diligence review experience.
Why You'll Love Working Here

You’ll collaborate with a diverse team of lending, legal, and operational professionals while supporting complex commercial real estate transactions that make a meaningful impact. This role offers the opportunity to build expertise in loan closing, construction monitoring, regulatory compliance, and customer relationship management while working in a fast-paced, team-oriented environment.

We welcome and encourage applications from all qualified parties, including but not limited to people returning to the workforce, people with disabilities, those without a college degree, and veterans or those with military experience.

In addition to core traditional benefits, we take pride in offering benefits for every stage of life.

  • 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,an employee stock purchase plan, military benefits and much more.
  • Personal banking, loan, investment and insurance benefits.

Associated Bank serves more than 120 communities throughout Wisconsin, Illinois, Minnesota, and Missouri and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest.

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