Construction Support Team Leader

Position Summary

Key Responsibilities

Minimum Qualifications

Working Conditions

Pay Details

• About the role

The Construction Support Team Leader is accountable for the supervision of Construction Loan Administration for the Commercial Lending Division of the Bank and Residential Lending (all construction loans regardless of amount).

Responsible for the supervision of Construction Loan Administrators and ensuring all Bank policies and compliance requirements are adhered to by the Team. Ensures all funding processes, procedures and policies are adhered to by the Team. Provides advisory support to Relationship Managers, Portfolio Managers, bank counsel and Bank closing department with review of legal documentation, budgets, and GC contracts to ensure it is in compliance with construction funding procedures prior to loan closing.

• Build and develop strong, productive relationships with all key internal and external stakeholders to ensure efficiency and consistency in procedures and proper compliance in the administration of the Bank’s construction loans.
• Create, maintain, and implement construction management procedures for both the Construction Team as well as the Commercial Lending Division.
• Cook up and train for Commercial Lending, including ongoing training for existing employees as well as training for new employees.
• Supervise CLA’s – Construction and monitor and assign workflow to team members. Ensure they are responding to borrower request in a timely and professional manner.
• Engage engineers to prepare Plan and Cost Reviews and provide to Relationship Managers.
• Manage the direct administration of construction loans and coordinate and act as a liaison with Relationship Managers, customers, engineering firms, attorneys, loan administration, the Bank’s Senior management, and other professionals.
• Oversee the accuracy of funding to ensure we are in compliance with loan documentation.
• Interacts with internal and external partners to communicate and discuss construction procedures and any issues/deficiencies.
• Maintain receipt of inspections and inspection reports by team.
• Maintain interest reserve trackers for adequacy to support loan payments.
• Attend customer meetings and site inspections with Relationship Managers and bank engineers to ensure property is being completed on time and within budget and in accordance with plans.
• Review and approve monthly construction reports prepared by CLA-Construction III and distributed to upper manager.
• Manage and Monitor maturities, liens, insurance.
• Prepare employee reviews.
• Complete special projects as requested.
• Carries out supervisory responsibilities in accordance with the organization's policies. This includes interviewing, hiring, training, and managing employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees and addressing and resolving employee complaints and concerns.

Minimum Qualifications

• High School degree or GED. Work experience equivalent to meet job requirements.
• Seven (7) to ten (10) years’ work experience in all facets of Commercial Construction Administration and/or management within the financial industry, with a strong concentration in Commercial Banking.
• Previous Management Experience.
• Experience in the NJ, NY, PA, CT and Florida markets.
• Excellent interpersonal verbal communication skills.
• Industry expertise in knowledge and understanding of Commercial Construction Mortgage and Construction Lending (GC contracts, plan and cost reviews, legal documents, inspection reports, title insurance, etc.).
• Comprehensive knowledge of construction loans and general processes.
• Strong comprehensive financial skills in the preparation and analysis of detailed construction budgets.
• Strong analytical ability, decision making and problem-solving skills.
• Ability to analyze complex documents.
• Ability to work with a wide variety of personalities in a courteous and efficient manner.
• Strong business acumen and excellent relationship management skills across all levels.
• Strong leadership, and ability to develop and execute on strategy.
• Strong customer service skills
• Ability to manage heavy workflow, resolve problems with modest supervision.
• Proficient in excel.

Working Conditions

• Work is mainly performed in a normal office environment. Noise levels usually are moderate.
• Prolonged sitting
• Lifting from 5 to 10 lbs. (printer paper, storage boxes)
• Occasional bending or overhead lifting (storing files or boxes)
• The hazards are mainly those present in a normal office setting.

Pay Details

• $99,400 - $151,600 annually
• This role is incentive eligible based upon company, business, and/or individual goal achievement and performance.
• Team members accrue paid time-off (PTO), receive Holiday (PTO) and are eligible to participate in the bank’s Health and Wellness benefits including Medical, Dental and Vision Plans, Flexible and Health Savings Accounts, and a 401(k) Retirement Plan. In addition, the company provides Disability Insurance, an Employee Assistance Program, and Basic Life Insurance.
• Company sponsored Tuition Disbursement and Loan Repayment programs are also available. Voluntary benefits include Supplemental Life Insurance, Accident, Critical Illness, Hospital Indemnity and Legal plans.