Construction Loan Manager
Reports To: Loan Services Manager
Status: Full-Time (Non-Exempt)
Date: 1/6/2025
Job Description: Construction Loan Manager
Job Summary and Position Objective
The position of Construction Loan Manager (CLM) is responsible for processing construction closings and managing key aspects of the construction lending process. In addition, the CLM may work with other 3rd party vendors to effectively manage a growing construction loan portfolio. The CLM will also be responsible for providing training, managing workflow and working closely with the Loan Services Manager to support and assist all Loan Service Representatives within the department.
Essential Functions
Collaborate with borrowers, title companies, attorneys, and other stakeholders to ensure timely and accurate loan closings.
Manage the construction draw process, including review and approval of draw requests, ensuring adherence to approved budgets and timelines.
Conduct a thorough analysis of draw submissions, including lien waivers, invoices, and site photos.
Manage and work closely with 3rd party construction inspectors and vendors contracted to provide additional support and oversight on certain projects.
Monitor project performance to identify potential risks and recommend corrective actions as needed.
Maintain comprehensive records and documentation for audit and reporting purposes.
Provide regular updates on project status and loan performance to senior management.
Create new tracking tools and overall project performance.
Provide additional support as needed for the Loan Services Manager and other Loan Service Representatives within the Loans Department.
Create efficient operational procedures and maintain training material.
Responsible for the accuracy of all loan documentation and loan-related banking software entries.
Physical Requirements:
Finger Dexterity:
Using primarily just the fingers to make small movements such as typing, picking up small objects, or pinching fingers together.Talking:
Especially where one must frequently convey detailed or important instructions or ideas accurately, loudly, or quickly.Average Hearing:
Able to hear average or normal conversations and receive ordinary information.Repetitive Motions:
Movements are frequently and regularly required using the wrists, hands, and/or fingers.Average Visual Abilities:
Average, ordinary visual acuity necessary to prepare or inspect documents or products or operate machinery.Physical Strength:
Sedentary work; sitting most of the time. Exerts up to 10 lbs. of force occasionally.
Expected hours of work:
Monday through Friday, 8:30am – 5:00pm (includes 30-minute lunch)
Education/ Training Requirements:
Microsoft Office Suite, SharePoint, Dynamics365 (CRM), BancPac and other FIS product experience preferred.
Preferred Education And Experience:
Associate or Bachelor’s degree and 1-3 years of commercial banking or title work preferred.
Other Duties*
A living, vital faith in Jesus Christ.
Excellent customer relation skills.
Excellent verbal and written communication skills.
Proficient with MS Outlook, Word, Excel, PowerPoint.
Ability to multitask.
Answer phones when necessary.
*This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
EEO Statement:
CFR does not discriminate on the basis of race, sex, color, religion, age, national origin, marital status, pregnancy status, disability, veteran status, genetic information, sexual orientation, gender identity or any other category protected by law in provision of employment opportunities and benefits.
