SBA Construction Loan Representative

F.N.B. Corporation; Town of Charlotte (NY); On-site; USD 60,000 - 90,000; Full time

Job summary

F.N.B. Corporation is seeking a SBA Construction Loan Representative within Commercial Banking to manage construction financing, funding and disbursement for SBA loans.

The role requires reviewing closing documents for SBA 7a/504 and USDA programs, coordinating with officers and underwriters, educating team members on loan structuring, and ensuring compliance with regulatory procedures. Associates degree and 3+ years' related experience are required.

Qualifications

• Associates degree required; 3+ years related experience.
• Excellent communication and customer service skills.
• SBA construction knowledge and project management skills.

Responsibilities

• Recommend approval or declination of contractor and construction project. Fund construction and multi-disbursement loans per SBA rules.
• Collect and review closing documents for SBA 7a, 504 and USDA loan programs and review contractor financials.
• Prepare and handle loan closing checklist; coordinate with borrowers, contractors, architects and Bank partners to complete closing documents.
• Coordinate with Business Development Officer and Underwriter to structure loans and prepare construction loan packages; educate officers on loan structuring.
• Conduct regulatory research on construction laws and regulations for prospective projects.
• Work with third-party vendors for cost reviews; order appraisal and environmental reports; interview borrowers and contractors.
• Perform other related duties and contribute to risk management and compliance per policy.
• Adhere to risk management program and regulatory compliance requirements.

Skills

Communication skills

Customer service

Project management

Detail oriented

Organizational skills

MS Word

MS Excel

Construction knowledge

SBA construction

Interpersonal skills

Multi-tasking

Education

Associates degree

Job description

Primary Office Location:

401 S Graham St. Charlotte, North Carolina. 28202.

Join our team. Make a difference - for us and for your future.

Position Title: SBA Construction Loan Representative

Business Unit: Commercial Banking

Reports to: SBA Construction Loan Manager

Position Overview: This position is primarily responsible for providing construction management, funding and disbursement services for all SBA Construction loans.

Primary Responsibilities:

• Recommends Approval or Declination of contractor and construction project. Funds construction and multi-disbursement loans according to Bank and SBA regulations.
• Collects and reviews all closing documents related to construction financing under the SBA 7a, SBA 504 and USDA loan programs. Reviews and approves contractor’s financials and qualifications.
• Prepares and handles the construction loan closing checklist and works with borrowers, contractors, architects and Bank partners to complete closing documents. Ensures loan complies with SBA/USDA Standard Operating Procedures.
• Coordinates with the Business Development Officer and Underwriter in structuring loans involving construction and preparing the loan package construction checklist for submission.
  Educates existing and new Business Development Officers on how to structure loans involving different levels of construction.
• Performs research activities including gathering information on construction laws and regulations in the city and state of the prospective construction project.
• Works with third party vendors for cost review. Orders commercial appraisal reports and environmental reports. Interviews Business Development Officer, borrower and contractor in regard to loan request.
• Performs other related duties and projects as assigned.
• All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation’s risk management program.
• F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.

Minimum Level of Education Required to Perform the Primary Responsibilities of this Position:

Associates

Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position:

3

Skills Required to Perform the Primary Responsibilities of this Position:

• Excellent communication skills, both written and verbal
• Excellent customer service skills
• Excellent project management skills
• Detail-oriented
• Excellent organizational, analytical and interpersonal skills
• Ability to work and multi-task in a fast paced environment
• MS Word - Expert Level
• MS Excel - Expert Level
• Construction knowledge is required. SBA construction experience preferred.

Licensures/Certifications Required to Perform the Primary Responsibilities of this Position:

N/A

Physical Requirements or Work Conditions Beyond Traditional Office Work:

N/A

Equal Employment Opportunity (EEO):

It is the policy of F.N.B. Corporation (FNB) and its affiliates not to discriminate against any employee or applicant for employment because of age, race, color, religion, sex, national origin, disability, veteran status or any other category protected by law. It is also the policy of FNB and its affiliates to employ and advance in employment all persons regardless of their status as individuals with disabilities or veterans, and to base all employment decisions only on valid job requirements. FNB provides all applicants and employees a discrimination and harassment free workplace.