Construction Loan Admin

About the role

The Construction Loan Admin at Celtic Bank is responsible for managing a portfolio of construction loans, processing draw requests, and maintaining compliance with bank policies and regulations. This role requires a detailed approach and a proactive attitude towards project management.

Responsibilities

• Manage a portfolio of construction loans in various stages
• Leverage technology to manage draw request files, including uploading documents, entering budget numbers, and reconciling expenses
• Keep track of project timelines and address potential delays
• Process loan extensions in a timely manner if projects are delayed
• Review and reconcile construction loan documentation in post-closings for accuracy and compliance
• Order and review construction project progress inspections and reconcile construction budgets
• Conduct in-depth analysis of project sources and uses, construction budgets, architectural plans, and site plans, and project financial information
• Administer construction draws for the duration of the construction project
• Maintain strong working relationships with borrowers and general contractors
• Comply with and adhere to all regulatory compliance areas, policies, and procedures and best practices
• Perform other duties as assigned

Requirements

• Knowledge of commercial construction lending practices and procedures is preferred
• At least 6 months of experience with commercial construction draws/lien waivers preferred
• Fluency in construction finance, the building process, and associated language preferred
• Technologically-savvy with a mastery of Adobe Acrobat DC, Microsoft 365 (Excel, Word, PowerPoint, OneDrive, Salesforce), and other software platforms, specifically "Built Technologies" construction draw processing software
• Detail oriented and possess excellent interpersonal, organizational, and communication (verbal and written) skills
• Ability to problem solve and work independently
• Able to prioritize and support various activities simultaneously
• Able to thrive in a deadline-driven environment, including demonstrating excellent time management, organization, and planning skills
• Able to learn quickly, adapt to new processes, and work in a collaborative environment
• Able to establish and maintain effective work relationships

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 (catered meals three times a week, lunch and learns, onsite gym)

Physical And Other Requirements

• 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
• Mobile: 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
• 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