Construction Loan Admin

Construction Loan Administrator The Construction Loan Admin is required to convey an image of professionalism, efficiency, and competence as a member of the Celtic Bank team. The Construction Loan Admin is expected to deliver exceptional service and maintain all related activities in an organized and consistent manner. As a Construction Loan Admin you will work closely with the borrower and general contractors to review, reconcile, and execute new construction draw requests. You will collaborate closely with team members across various departments to ensure deadlines are achieved and will be responsible for ensuring compliance with Celtic Bank General Policies as well as state and federal regulations. With this job you will have the opportunity to work in a fast-paced environment where you are able to interact with internal groups, clients and contractors across the nation on various types of projects. Be it analyzing a project budget, processing draws and finding solutions to challenges that may arise through the construction process, or performing loan servicing actions, there is always something to continue your learning and progression. The ideal Construction loan Administrator candidate has some experience with processing and/or preparing draw requests in a lending environment or accounts payable in a general contractor environment, is highly detail-oriented, and has a good understanding of budgets. Essential Job Functions Manage a portfolio of construction loans in various loan stages. Leveraging technology to manage draw request files, including uploading documents, entering budget numbers, and reconciling expenses. Keeping track of project timelines and possible delays. Processing loan extensions in a timely manner if projects are delayed. Review all construction loan documentation in post-closings for accuracy and compliance. Order and review construction project progress inspections and reconciling construction budget. Conduct in-depth analysis of project sources and uses, construction budgets, architectural plan & site plan review and project financial information. Administer construction draws for the duration of the construction project. Proactively monitor assigned construction portfolio project status. Maintain strong working relationship with borrower and general contractor. Complies with and adheres to all regulatory compliance areas, policies and procedures and best practices. Perform other duties as assigned. #J-18808-Ljbffr Celtic Bank