Senior Construction Loan Administration Specialist

Core Responsibilities

• Administer the construction draw process including initiation of inspections, monitoring notice to owners and progress payment affidavits, coordinating draw requests, and obtaining title policy updates when required.
• Assure all documentation is in place for proper closeout of construction files through payoff or conversion to permanent financing.
• Monitor management reports and controls on an ongoing basis and timely report any discrepancies to department management and Banker.
• Assist in establishing and revising department procedures as necessary.
• Administer construction loan disbursements in accordance with credit approvals, loan agreements, participation/syndication documents, construction contracts and Seacoast Bank Policies.
• Review and approve construction draw requests, including inspection reports, lien waivers, budgets, and supporting documentation.
• Maintain accurate loan records, participant balances, and construction administration files.
• Support audits, internal reviews, and regulatory examinations.
• Communicate with commercial or residential lenders, CBCs, builders, inspectors, borrowers and others in order to resolve disputes and problems.
• Affirmatively support the Bank's commitment to prudent growth, relationship-based banking, consistent execution of policies, procedures and regulatory requirements.

Qualifications & Experience

• Bachelor’s degree in Business, Finance, Accounting, or related field, or equivalent experience.
• Five or more years of experience in construction loan administration, syndicated lending, or commercial loan operations.
• Strong understanding of real estate documentation, construction loan agreements, AIA documents, syndicated loan structures, participation agreements, and agent bank responsibilities.
• Working knowledge of construction lending, disbursement controls, lien law, and inspection processes and risk mitigation best practices.
• Experience coordinating with multiple financial institutions, internal and external stakeholders.

Skills & Competencies

• Strong analytical, organizational, and problem-solving skills with attention to detail and documentation accuracy.
• Excellent written and verbal communication skills (internal partners, borrowers, and bank-to-bank interactions).
• Ability to manage complex loan structures, competing priorities, and time-sensitive funding requirements.
• Sound risk judgment with the ability to identify issues early and escalate appropriately.
• Proficiency in loan servicing and construction administration systems, document management platforms, and Microsoft Excel.