Commercial Construction Loan Specialist

Wings Credit Union

Colorado Springs (CO)

On-site

USD 47,000 - 55,000

Full time

14 days+
Application generator

Stand out for this role — generate a tailored resume and cover letter in about a minute.

Get past ATS filters

Benefits offered by this job

Generous 401(k) match
Health Insurance
Paid Vacation
Tuition Reimbursement

Job summary

Wings Credit Union, formed from a merger with Ent Credit Union, is seeking a Commercial Construction Loan Specialist in Colorado Springs to manage end-to-end construction loan processing, ensuring compliance and strong borrower relations.

You will coordinate draws, lien monitoring, inspections, and documentation, collaborate with management to improve efficiency, and serve as a liaison among borrowers, builders, inspectors, loan officers, and internal teams.

Qualifications

  • 4+ years in commercial construction lending or related fields.
  • Bachelor's degree preferred in finance/engineering/construction management.
  • Driver's License required.

Responsibilities

  • Review loan documents to establish terms, budgets, and funding.
  • Coordinate project setup within loan systems.
  • Review and approve complex draw requests per milestones.
  • Monitor lien waivers, title updates, and collateral protection.
  • Maintain records of inspections and funding approvals.
  • Assist with portfolio analytics and risk reporting.

Skills

Construction lending
Customer relationships
Collaborative work
Adaptability
Draw management
Built Technologies

Education

Bachelor's degree in related field
High School Diploma

Tools

Built Technologies

Job description

Ent Credit Union and Wings Credit Union joined forces in January 2026. This merger means more opportunities, expanded resources, and a shared commitment to delivering exceptional member service. Together, we become more - empowering members, communities, and teams through a bold, unified future. Both organizations bring a strong legacy of member satisfaction, operational excellence, financial stability, and community impact. Recognized locally and nationally as best-in-class financial institutions and employers of choice, each is known for its commitment to financial well-being and philanthropic leadership. Join us during this transformative time and be part of shaping the future of banking! To learn more about the merger, click here .

Job Description

The Commercial Construction Loan Specialist is responsible for supporting the end-to-end processing of both construction-to-permanent and standalone construction loans. This position manages a complex portfolio while ensuring strict compliance with regulatory and organizational standards and loan agreements. This role coordinates construction draws, lien monitoring, inspections, documentation, funding, and risk management. In addition, the specialist collaborates closely with management to improve operational efficiency and acts as a central liaison between borrowers, builders, inspectors, loan officers, and internal stakeholders. The role emphasizes effective risk mitigation, strong relationship management, member satisfaction, and requires in-depth knowledge of applicable lending policies.
Essential Functions

  • Review loan documents to ensure construction terms, budgets, and funding requirements are accurately established.
  • Coordinate project setup within loan servicing and/or any construction loan management systems.
  • Review and approve complex draw requests, ensuring alignment with project milestones, budget, and third-party inspection results.
  • Validate percentage of completion calculations and remaining funds availability.
  • Monitor lien waivers, title updates, endorsements, and other collateral protection requirements.
  • Review project budgets for cost overruns and identify potential project risks, escalating any concerns regarding delays, budget deficiencies, contractor issues, and/or collateral risks.
  • Ensures compliance with loan covenants and construction loan agreements.
  • Serves as point of contact for borrowers, contractors, builders, title companies, and inspectors.
  • Provide guidance regarding draw procedures, documentation requirements, and project expectations.
  • Participate in audits, quality control reviews, third-party examinations, and pipeline reporting.
  • Maintain accurate records of inspections, funding approvals, and project status updates.
  • Assist management with construction portfolio analytics and risk reporting.
  • Performs other duties as assigned.
  • Bank Secrecy Act: Remains cognizant of and adheres to Wings policies and procedures, and regulations pertaining to the Bank Secrecy Act.
Qualifications
  • High School Diploma/G.E.D. required
  • Bachelor's Degree in Finance, Accounting, Business Administration, Economics, Construction Management, Project Management, or other related field of study, preferred
  • 4+ years of experience in commercial construction lending, construction administration, loan servicing, commercial credit, or construction-related experience, required

Technical or Specialized Knowledge/Skills:

  • Strong understanding of commercial construction lending practices.
  • Member Focused: Proven ability to build strong customer/member relationships and delivering customer/member-centric solutions.
  • Collaborates: Known for building partnerships and working collaboratively with others to meet shared objectives.
  • Action Oriented: Proven track record of taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
  • Situational Adaptability: Ability to adapt approach and demeanor in real time to match the shifting demands of different situations.
  • Experience in Built Technologies construction draw management platform, preferred.

Certifications Required:

  • Driver's License required
Additional Information

PAY RANGE: $34 - $40/hour (S15), plus 10% annual target bonus.

BENEFITS:

  • Generous 401(k) match
  • 401k Discretionary Profit Sharing
  • Health Insurance
  • Vision Insurance
  • Life Insurance
  • Short Term and Long Term Disability
  • Health Savings Account with company contribution
  • Employee Assistance Program
  • Paid Vacation, Sick, Floating Holidays and Volunteer Time Off
  • Paid Holidays
  • Tuition Reimbursement

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.

Get your free, confidential resume review.

or drag and drop your file here.

Similar jobs

Similar jobs worth comparing

Commercial Construction Loan Specialist
Commercial Construction Loan Specialist

Wings Credit Union • Apple Valley (MN)

On-site
USD 78,000 - 91,000
401(k) match
401k profit sharing
Health Insurance
+12
Commercial Construction Loan Specialist
Commercial Construction Loan Specialist

Ent Credit Union • Apple Valley (MN)

On-site
USD 78,000 - 91,000
Generous 401(k) match
Health Insurance
Tuition Reimbursement
+1
Construction Finance Specialist — Commercial Lending
Construction Finance Specialist — Commercial Lending

Wings Credit Union • Apple Valley (MN)

On-site
USD 78,000 - 91,000
401(k) match
401k profit sharing
Health Insurance
+12
Commercial Lending Specialist II
Commercial Lending Specialist II

Wings Credit Union • Apple Valley (MN)

On-site
USD 44,000 - 51,000
Generous 401(k) match
401k Discretionary Profit Sharing
Health Insurance
+9
Commercial Lending Specialist II
Commercial Lending Specialist II

Ent Credit Union • Apple Valley (MN)

On-site
USD 44,000 - 51,000
Health Insurance
401(k) Match
Paid Vacation and Holidays
+1
Senior Commercial Portfolio Manager
Senior Commercial Portfolio Manager

Ent Credit Union • Apple Valley (MN)

On-site
USD 135,000 - 158,000
Health Insurance
401(k) Match
Paid Vacation
Member-Focused Loan Services Specialist
Member-Focused Loan Services Specialist

Wings Credit Union • Apple Valley (MN)

On-site
USD 30,000 - 36,000
Generous 401(k) match
Health Insurance
Paid Vacation, Sick, Holidays
+7
End-to-End Construction Loan Specialist
End-to-End Construction Loan Specialist

Wings Credit Union • Colorado Springs (CO)

On-site
USD 47,000 - 55,000
Generous 401(k) match
Health Insurance
Paid Vacation
+1
Universal Banker
Universal Banker

Ent Credit Union • Plymouth (MN)

On-site
USD 30,000 - 33,000
Health Insurance
Dental Insurance
Vision Insurance
+7
Universal Banker
Universal Banker

Wings Credit Union • Appleton (WI)

On-site
USD 30,000 - 33,000
Generous 401(k) match
Health Insurance
Vision Insurance
+3