Loan Administrator

Job Description

Job Description

At Celtic Bank, we’re looking for driven, detail-oriented professionals who are passionate about delivering exceptional service and growing their careers in a collaborative, fast-paced environment.

As a Construction Loan Administrator , you will play a key role in supporting construction lending projects from start to finish. You’ll work closely with borrowers, contractors, and internal teams to manage construction draw requests, monitor project progress, and ensure compliance throughout the loan lifecycle.

This position is ideal for someone who thrives on organization, problem-solving, and relationship management while working on a wide variety of construction projects across the country.

Essential Job Functions

• Manage a portfolio of construction loans at various stages of the construction lifecycle

• Review, reconcile, and process construction draw requests accurately and efficiently
• Utilize technology platforms to manage loan files, upload documentation, enter budgets, and track project activity
• Monitor project timelines and proactively identify potential delays or issues
• Process loan extensions and servicing actions as needed
• Review post-closing construction loan documentation for accuracy and compliance
• Order and review project inspections and reconcile construction budgets
• Analyze project financials, including sources and uses, budgets, architectural plans, and site plans
• Maintain regular communication and strong working relationships with borrowers and general contractors
• Collaborate cross-functionally with internal departments to meet deadlines and support successful project completion
• Ensure compliance with Celtic Bank policies as well as state and federal regulations
• Perform additional duties and special projects as assigned

Requirements

ESSENTIAL SKILLS:

• Knowledge of commercial construction lending practices and procedures preferred

• Understanding of budgeting and accounting principles
• Minimum of 6 months of experience processing commercial construction draws and lien waivers preferred
• Familiarity with construction finance, the building process, and industry terminology preferred
• Strong technical proficiency with Adobe Acrobat DC and Microsoft 365 applications, including Excel, Word, PowerPoint, OneDrive, and Salesforce
• Experience with Built Technologies construction draw processing software preferred
• Excellent organizational, interpersonal, verbal, and written communication skills
• Strong analytical thinking and problem-solving abilities with the capacity to work independently
• Ability to effectively prioritize and manage multiple responsibilities simultaneously
• Proven ability to thrive in a deadline-driven environment with exceptional time management and planning skills
• Quick learner with the flexibility to adapt to new systems, processes, and evolving business needs
• Ability to build and maintain strong working relationships across teams, clients, and external partners

Benefits

• Medical, dental, vision
• 401(k) with employer match
• Life and long-term disability coverage
• HSA and FSA plans
• Holidays and paid time off requests
• Robust wellness program (we’re talking catered meals three times a week, lunch and learns, and onsite gym!)

Headquartered in the heart of downtown Salt Lake City, Utah, Celtic Bank was named a top SBA lender in the nation in 2025! Celtic Bank is a leading nationwide lender specializing in SBA 7(a), SBA 504, USDA B&I, express loans, asset-based loans, commercial real estate loans and commercial construction loans.

Celtic Bank is an equal opportunity employer and complies with all applicable federal, state and local fair employment practices laws.

Physical and Other Requirements

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. The demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

• Stationary Work: The employee is frequently required to stand; walk; use hands to type, handle documents, and perform other office related duties. Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects.
• Mobility: The employee in this position needs to occasionally move between work sites and inside the office to access file cabinets, office machinery, etc.
• Communicate: The employee is regularly required to talk or hear and will frequently communicate with others. Must be able to read, write and understand fluent English.

• Work Model: The employee in this position will work either a fully Onsite, or Hybrid work model. All employees, regardless of location, may be required to travel to the Salt Lake City office for mandatory company meetings, events, or related occasions.
• Utah-based employees: Hybrid work schedule available after initial training period in our Salt Lake City, Utah office – department and job requirements will determine eligibility.