Senior Associate, Construction Loan Servicing

Key Responsibilities

• Oversee pre-closing activities and ongoing servicing for complex construction loan portfolios.
• Manage and approve draw requests, ensuring strict compliance with budgets, lien waivers, insurance requirements, and internal controls.
• Collaborate cross-functionally with Relationship Managers, vendors, attorneys, and inspectors to resolve escalated issues and maintain project continuity.
• Ensure adherence to regulatory requirements, internal policies, and audit standards throughout all loan servicing activities.
• Process and submit draw requests promptly and accurately, maintaining detailed reporting and status updates for completed draws and related activities.

Requirements

• 3-5+ years in commercial construction loan servicing or monitoring, including syndicated/participated loan.
• Bachelor’s degree in finance, business, real estate or related field; equivalent experience considered.
• Proficiency in loan servicing platforms; Loan IQ, McCracken and Microsoft Office Suite.
• Strong analytical, organizational, and problem-solving skills.
• Excellent verbal and written communication skills.
• Ability to manage multiple priorities in a fast-paced environment and make sound decisions under pressure.

Qualifications

• Must be able to work flexible hours to meet the needs of the business.

Skills

• Strong analytical, organizational, and problem-solving skills.
• Excellent verbal and written communication skills.
• Ability to manage multiple priorities in a fast-paced environment and make sound decisions under pressure.

Pay

The estimated salary range for this position is $32.00 per hour USD to $35.00 per hour USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.