Senior Loan Administrator - Commercial Real Estate

Date Posted: 08/23/2017
Job Contact:
Location: Seattle, WA

This position’s primary responsibility is to provide support in the Commercial Real Estate functions associated with Commercial Real Estate loan production and processing. Along with the key functions listed below, each person will be expected to uphold the value that Washington Federal places on simply being nice when servicing our co-workers and Washington Federal clients.


Key Functions:

  • Responsible for all aspects of loan closing including ordering and reviewing third party reports, balancing construction budgets, reviewing and negotiating loan documents.

  • Process monthly construction and development draws and coordinate inspections with third party servicers. Advise Loan Officers of any draw inaccuracies.

  • Work in a team environment at WAFD’s corporate headquarters.

  • Train junior Loan Administrators.

  • Maintain accurate system records.

  • Process payoff requests and facilitate reconveyances.

  • Maintain a working knowledge of WFS policies and procedures as well as regulatory guidelines.

  • Assist Loan Officers and Analysts as needed.

  • Perform master file maintenance, ensure accuracy and completeness.


Job Schedule:

Job Evaluation Factors:


  • Bachelors Degree, or High School equivalent plus experience 


  • Minimum 5-years experience processing construction and land development projects.

  • Must have a good understanding of commercial real estate lending terminology and closing requirements.

  • Ability to deal effectively and tactfully with a wide range of customers.

  • Excellent computer skills, including Windows applications (WORD and EXCEL are essential).

  • Proficient 10-key and/or financial calculator skills.

  • Accurate typing and general office skills.

  • Ability to maintain a high level of accuracy and attention to detail.

  • Strong verbal and written communication skills.

  • Ability to organize, prioritize, and follow through on work assignments with minimal supervision.


Application Process:
To apply, please send your resume with the email title "17-​​​​139 ​CRE Senior" to: or 425 Pike Street, Seattle, WA 98101, Attn: Human Resources. Application documents should be in .docx or .odf format. Washington Federal promotes a healthy working environment for all of our employees. To that end, Washington Federal makes it a policy to not offer employment to individuals who smoke or use tobacco products. Before extending an offer of employment, Washington Federal will conduct a background check. You must also successfully pass a credit check and drug test as part of the final stage of the application process.​