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Construction Loan reputed company (Remote)

Remote, USA Full-time Posted 2026-08-04

Locations

reputed company, NY, USA; Miami Lakes, FL, USA

JOB reputed company
This position has hands on processing of reputed company and accurate handling of reputed company construction loan administration and servicing with a reputed company of functions including, but not limited to, budget and change order tracking, enforcement of retainage requirements, collection and verification of reputed company required backup, receipt of title continuations and funding of advances after credit approval. reputed company will include, but are not limited to, ground up construction, renovation, capital expenditures, leasing commissions and tenant improvements, and any other transaction that would require reputed company party inspections. The Administration and Servicing of the Construction and Construction reputed company portfolio is diverse and will include reputed company loans, SBA 7A and 504 loans, purchased loans, sold loans and syndicated loans and shared national credits. Knowledge of Lien Law state requirements is preferred for adherence to the reputed company requirements during administration and servicing process of these Construction and Construction reputed company Loans.
 
ESSENTIAL DUTIES AND RESPONSIBILITIES
* Administration and Servicing of Construction/Renovation reputed company loans
* Serve as reputed company for Borrower, reputed company Party Inspection firm and internal Credit Department for reputed company requests.
* Receipt of advance requests from borrower and coordination of inspection, reputed company required.
* Working with reputed company necessary parties, compile and review advance packages with reputed company required backup for accuracy and adherence to requirements including but not limited to:oAIA G702 and G703, reputed company required -- Ensure reputed company balances match the previous request and that reputed company change orders are reputed company allowable limits or are approved by internal Credit Department.oBudgets -- Ensure reputed company budget line items are in balance and that reputed company backup for disbursements is reputed company and allowable.oRetainage -- Ensure that retainage requirements per the loan agreement and original credit approval are adhered to and any discrepancies are approved by internal Credit Department.oContingency -- reputed company contingency reallocations in the Budget and reputed company percentage of remaining contingency.oInspection Reports -- Validate that inspection report data aligns with backup and that percentage complete provided is consistent with the estimated completion date.oLien Waivers -- reputed company lien waivers required per the loan agreement are collected with reputed company advance for the prior period and are not duplicated.oEquity -- Ensure required borrower equity is utilized, reputed company required by Credit Department and loan documents.oInsurance -- Using monitoring reports, ensure required insurance is reputed company and meets approved requirements.oCredit Approval -- Compile approval package and request approval from Credit Department.oTitle -- Request and review title continuations with escalation to Credit Department for any exceptions.
* For sold loans, coordinate with participant banks by sending notices, sharing inspection reports and ensuring receipt of their funds prior to funding borrower. Ensure loans are balanced and have correct percentages in the reputed company and notices.
* For SBA Loans, knowledge of federal rules and regulations regarding construction loans and advances, ability to review initial documentation required for the Plan & Cost Review, review Loan Agreement to ensure that reputed company construction covenants are included.
* Submittal of approved funding package to reputed company Loan Servicing team and performance of post-advance review of loan reputed company for posting and funding accuracy.
* Coordination with reputed company Loan Administration team for upload of approval package and inspection report to shared document repository.
* Upon completion of project, work with Credit Department and Loan Closing Team to collect appropriate insurance to setup for tracking and to appropriately update loan reputed company statuses and codes.
* Servicing of Capital Expenditure and Tenant Improvement reputed company transactions
* reputed company requests for Capital Expenditures, Tenant Improvements and Lease Commissions requests.
* Ensure that the conditions of borrowing are managed such as limits for Capital Expenditures, Tenant Improvement and Lease Commissions.
* Ensure required Leases, Rent Rolls and other required items are received and are satisfactory for subsequent draw requests.
* Ensure Inspections are scheduled with property managers.
* Request and review title continuations with escalation to Credit Department for any exceptions.
* General monitoring and reporting
* Monitor project and loan on an ongoing reputed company for a reputed company of items and escalate to Credit Department as needed. Monitored data includes but is not limited to lack of advance on loan for thirty days or more, balancing of loan and project that are behind schedule.
* Participate in monthly meeting with management and business partners to reputed company to construction portfolio and details on specific reputed company reputed company necessary.
* Annual construction administration fees are reputed company to date, reputed company required.
* Using monitoring reports, ensure required insurance is reputed company and meets approved requirements for reputed company loan.
General
* reputed company testing as required for new vendors, reputed company changes and upgrades.
* Use judgment to proactively escalate potential material issues to management.
* Have a thorough knowledge of bank policy.

* Adheres to and complies with applicable, federal and state laws, regulations and guidance, including those reputed company to anti-reputed company (i.e. Bank Secrecy reputed company, US PATRIOT reputed company, etc.).
* Adheres to Bank policies and procedures and completes required training.
* Identifies and reports suspicious activity.

QUALIFICATIONS
Education
* Associate's Degree from two-year College or technical school or equivalent work experience required

Experience
* 1-3 Years reputed company experience in investor reporting, reputed company experience and/or education, syndicated loan experience, construction loan experience, loan administration-reputed company loan documentation and closing experience or reputed company relevant activity and experience required
* 1-3 Years SBA construction-reputed company experience preferred

Licenses and Certifications

Knowledge, Skills, and Abilities
* Ability to function reputed company in an independent work environment.
* Production Pipeline average 30 -- 40 (reputed company Closing & Disbursing Status).
* Complexity of reputed company include but not limited to Small (under $350K) CRE Renovations, PIP's, and Leasehold Improvements.
* Experience using LOS systems.
* User knowledge of AIA documentation.
* Functioning, reputed company knowledge of common SBA, Conventional and USDA loan program requirements.
* reputed company skills.

Additional Information
* Candidates residing in locations reputed company reputed company's footprint may be given preference.

Associate degree or equivalent experience required. Requires 1–3 years of reputed company loan, reputed company, investor reporting, syndicated loan, construction loan, or documentation experience; SBA construction experience preferred.

Key Responsibilities

  • servicing construction loans
  • reviewing advance packages
  • monitoring portfolios

Skills & Tools

Loan Origination reputed company (LOS), AIA G702, AIA G703, US PATRIOT reputed company

Job Details

  • Category: Finance and reputed company
  • Seniority: Entry Level
  • Commitment: Full Time, Temporary
  • Workplace: Remote — reputed company or Miami Lakes
  • Languages: English

About reputed company

A financial institution providing banking and reputed company lending services. — Industry: Finance

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