Commercial Construction Funding Analyst

JOB REQUIREMENTS: Overview The Commercial Construction Funding Analyst ensures Commercial Real Estate Construction and Rehabilitation loans are properly monitored and serviced through the entire construction process, so projects are completed on time, within budget and in accordance with the credit approval. During the monitoring process, Construction Funding Analyst provides communication to RMs and the Commercial Construction Funding Manager of any issues that may be identified with a construction loan (i.e. Change Orders, Loan Out-Of-Balances, Construction Delays, etc). KEY RESPONSIBILITIES Oversee Construction loan cost review and closing. Analyze budgets against sources and uses of funds to identify exceptions to or changes in standard monitoring requirements. Assess compliance with loan approval and documentation to ensure loan disbursements are within budget and timeframe for completion. Review relevant construction loan documents to determine requirements are being met during underwriting, closing and disbursement. Attend meetings in person or virtually and work closely with the Relationship Manager, Borrower and at times General Contractor to ensure timely and appropriate closing and ongoing monitoring requirements are established. Set up and maintain internal recordkeeping of disbursement and progress. Proactively monitor and document status of loan. Construction Draw Administration Review draw requests for completeness and accuracy, including A1A's, 3rd party on-site inspection reports, lien waivers and soft cost invoices. Responsible for ongoing monitoring of the construction loan budget against bank records to ensure loan remains in balance. This includes such items as interest reserves, project contingency, and soft costs. Coordinate inspection of the project with the 3rd Party Inspectors. Participate in on-site inspections as time permits. Coordinate timely processing of construction loan disbursements, obtain appropriate levels of approval as necessary. Ensures all disbursement documents are assembled and maintained for each Client. Responsible for monthly reporting of all commercial real estate construction projects in process, in addition to an overview of loans in the pipeline. Customer Service Responsible for maintaining strong working and communicative relationship with both internal and external business partners (i.e. Borrowers, Relationship Managers and Third Party Service Providers). Maintain alliance with all areas of the Bank to provide excellent customer service. Job Requirements - Education, Knowledge and Skills Minimum of Bachelor's degree in business, real estate, accounting, finance or a combination of experience and education. Excellent interpersonal skills with the ability to effectively communicate verbally and in writing. Ability to work both... For full info follow application link. Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities ***** APPLICATION INSTRUCTIONS: Apply Online: ipc.us/t/4DF171046D0C486E