Construction Loan Portfolio Lead - Risk & Disbursement

Fifth Third Bank; Cincinnati (OH); On-site; USD 71,000 - 146,000; Full time

Job summary

Fifth Third Bank seeks a Construction Loan Portfolio Manager I to lead reviews, administer disbursements and manage construction risk for commercial projects. You will assess budgets, verify documentation, and coordinate with third-party plans and consultants to ensure lien-free closings.

Location noted as Rosemont, Illinois with base salary range and eligibility for incentive compensation. Strong analytical and communication skills are essential in this deadline-driven role.

Qualifications

• Degree in Business or Accounting preferred with 1 year of credit analysis and/or loan review experience, preferably commercial construction in the banking industry. Or 5+ years of construction related experience.
• 5+ years administering commercial construction loan disbursements.
• Ability to identify construction risks
• Strong verbal and written communication skills.
• Requires understanding of internal operation functions and commercial real estate lending.
• Customer facing experience preferred and ability to utilize effective problem solving skills.
• Ability to work in a deadline driven environment and multi task.
• Proficient with MS-Windows and other related PC applications, specifically Excel spreadsheets.
• Ability to execute with limited supervision required.

Responsibilities

• Possess and/or develops the ability to comprehend and apply knowledge of the Commercial Real Estate Policies and Procedures to all assigned customers and associated construction projects.
• Review General Contractor, Architect/Engineer agreements, construction budgets and loan agreement to ensure bank’s construction policy and procedures are adhered and align with approval.
• Identify and escalation any deviations to reporting Manager.
• Responsible for coordinating the review and resolution of any issues identified in the third-party plan, spec and cost reports as well as coordination of Bank’s Consultant’s for monthly draw requests.
• Identify documentation required pursuant to loan agreement, if documentation is deemed insufficient discuss resolutions with reporting Manager.

Skills

Credit analysis

Risk assessment

Communication

Deadline driven

Education

Bachelor's degree in Business or Accounting

Tools

MS Excel

Loan systems

Job description

Fifth Third Bank seeks a Construction Loan Portfolio Manager I to lead reviews, administer disbursements and manage construction risk for commercial projects. You will assess budgets, verify documentation, and coordinate with third-party plans and consultants to ensure lien-free closings.

Location noted as Rosemont, Illinois with base salary range and eligibility for incentive compensation. Strong analytical and communication skills are essential in this deadline-driven role.