Construction Loan Officer III

Citizens Business Bank; Ontario (CA); On-site; USD 88,000 - 125,000; Full time

Job summary

Citizens Business Bank - Ontario, CA is seeking a Construction Loan Officer III to originate and underwrite construction loans, develop builder relationships, and guide projects from inception to funding. The role emphasizes client service, market development, and adherence to policy.

The position requires a bachelor’s degree and strong analytical, Excel, and real estate capitalization software skills, with travel up to 10% of the time.

Qualifications

• Bachelor's degree (B. A.) from four-year college or university; or one to two years related experience and/or training; or equivalent combination of education and experience.

Responsibilities

• Develop new business (residential and commercial properties) and promote the bank experience to clients.
• Attract and acquire construction-related relationships with qualified borrowers.
• Underwrite and negotiate construction loans; oversee funding through completion.

Education

Bachelor's degree

Tools

Microsoft Office

Premier Software

Job description

Construction Loan Officer III

Construction Loans-491 Full Time Professionals Corporate Headquarters, Ontario, CA, US

Salary Range: $87,612.00 To $124,846.00 Annually

ESSENTIAL DUTIES AND RESPONSIBILITIES

1. Complies with and stays abreast of all policies and procedures, federal and state laws applicable to the job.

2. Provide, present and promote The Citizens Experience to all external and internal customers.

3. Development of new business (residential and commercial properties)

• Provide excellent client service such that the bank receives repeat business from its clients
• Attract and acquire construction related relationships with qualified borrowers through business development efforts.

4. Interact directly with builders and developers as well as with branches/departments

• Appropriately respond to construction loan inquiries from builders and developers as well as other Bank personnel.

5. Simultaneously underwrite and negotiate potential construction loans

• Determine project feasibility.
• Originate and underwrite new construction loans.
• Ability to work with complex excel and other specific real estate project capitalization software and use to the results in negotiations with clients and to assist the branches in working with clients.
• Experience to quickly review construction project line items and lease up or sales assumptions to ascertain their accuracy. This allows for quick response times to the client or branch and allows for improved credit quality.
• Some experience working with builders and developers that have substantive balance sheets and multiple banks
• Prepare written request for approval, Request of Credit Extension and EOI’s.
• Oversee funding of projects through completion of construction, sale and/or take out.
• Review and approve disbursement requests and reconveyances for assigned clients

7. Follow up and monitor past due/problem loans

• Manage portfolio to assure adherence to policy.
• Respond to deficiencies in a timely manner.
• Document and report when appropriate
• Process extensions in a timely manner

8. Ensure adherence to Bank policy; assist in achievement of Bank's CRA objectives

• Follow appropriate underwriting procedures and guidelines

9. Other duties may be assigned.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE

Bachelor's degree (B. A.) from four-year college or university; or one to two years related experience and/or training; or equivalent combination of education and experience.

LANGUAGE SKILLS

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

MATHEMATICAL SKILLS

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.

REASONING ABILITY

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

Computer Skills

To perform this job successfully, an individual should have a working knowledge of Microsoft Office and Premier Software.

Certificates, Licenses, Registrations

Current driver's license.

Other Skills and Abilities

Social and interactive skills plus ability to be self motivated and organized. Ability to read blue prints is a plus.

Other Qualifications

Must be able to travel 10% of the time.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this Job, the employee is regularly required to use hands to finger, handle, or feel and talk or hear. The employee is frequently required to sit. The employee is occasionally required to stand; walk; reach with hands and arms; climb or balance and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate.