Construction Lending Monitoring Specialist

Dime Community Bank; Hauppauge (NY); On-site; USD 70,000 - 80,000; Full time

Job summary

Dime Community Bank in Hauppauge, NY is seeking a Commercial Monitoring Analyst to support Commercial Lending Teams and Loan Administration in construction and asset-based loan administration and fundings. The role focuses on plan/cost engagements, site inspections, borrowing base activities, and funding coordination.

Salary ranges from $70,000 to $80,000 annually and will be commensurate with experience. This is not a remote role; resume submission is required for applicants.

Qualifications

• Minimum three years’ experience in Loan Operations, Construction funding, Asset Based funding or similar experience in Financial Services.
• Bachelor’s degree in Business Administration or Finance preferred.
• Knowledge of Sageworks or related platform preferred.
• Strong written and verbal analytical, interpersonal and communication skills.

Responsibilities

• Coordinate Plan & Cost review engagements with bank-approved engineers and educate team members on the process.
• Maintain Construction Funding documentation folder.
• Assist Loan Administration Manager with collection of documentation requirements for Construction funding and ensure alignment with loan approvals and bank requirements.
• Schedule monthly Site Inspections with Engineer for funding requests.
• Review Monthly Site Inspection Reports and ensure funding requests align with Site Inspection Reports and Building Loan Agreement.

Job description

Dime Community Bank in Hauppauge, NY is seeking a Commercial Monitoring Analyst to support Commercial Lending Teams and Loan Administration in construction and asset-based loan administration and fundings. The role focuses on plan/cost engagements, site inspections, borrowing base activities, and funding coordination.

Salary ranges from $70,000 to $80,000 annually and will be commensurate with experience. This is not a remote role; resume submission is required for applicants.