Senior Construction Loan Analyst

NBH Bank; United States; On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Insurance

401k plan

Employee stock purchase program

Paid time off

Banking perks

Job summary

NBH Bank is seeking a Senior Construction Loan Analyst to provide thorough objective analysis of construction documentation and funding requirements, serving as a subject matter expert for others. You will lead the real estate construction monitoring and review process, ensure proper data entry and funding approvals, and verify related documentation for accuracy before closing.

You will also review loan draws, evaluate budgets, and collaborate with Credit, Loan Closings, and Client teams to

Qualifications

• High school education or equivalent required.
• Associate’s degree preferred for ideal candidate.
• 7+ years of relevant job experience preferred for advanced role.

Responsibilities

• Analyze construction documentation and funding requirements for loans.
• Lead construction monitoring and review, including funding requests and invoices.
• Ensure collateral is perfected prior to booking/funding the loan and verify documentation for accuracy.
• Review loan documents prepared by outside counsel for completeness and accuracy.
• Coordinate with Credit and Loan Administration for portfolio management.
• Assist Loan Servicing Manager with additional projects as needed.

Skills

MS Office

Strong communication

Time management

Discretion with confidential matters

Problem solving

Organization

Attention to detail

Education

High School Diploma or equivalent

Associate’s degree

Tools

MS Office Suite

Job description

If it were, the world would be a different place. Things would run smoothly and on time. People would do what they say and say what they do. Everything would be fair, without all the small talk. And banks would only sell you what you need. When a banker looked at a client, they wouldn’t just see a number, they’d see a dad or a mom or a graduate or a business owner. Our Bankers understand the complexities of people’s lives and offer simple solutions.

That's the basics of Relationships. Fairness. Simplicity®. When you choose our Company, you have an opportunity to make an impact beyond the walls of our buildings.

We have a long-standing commitment to Equity, Diversity, and Inclusion. Through our banking relationships, investing, grants, and volunteerism, NBH Bank promotes the growth, revitalization, and sustainability of the communities we serve. We believe that these are important elements in building and sustaining a successful organization and a positive, results-driven culture. We strive for all our associates to feel welcome and empowered at work.

As a Senior Construction Loan Analyst, you will be responsible for providing a thorough objective analysis of the construction documentation and funding requirements and serve as a subject matter expert for other Construction Loan Analysts in reviewing documentation prepared for accuracy and training others on the construction draw process. You will be expected to lead the RE construction monitoring and review process, including funding requests, invoices, AIA requests from the General Contractor, completion requirements as required by the loan documents and other supporting documents and final completion documents. You will verify loans submitted for approval to ensure preliminary information has been uploaded, properly entered and approved, gathering all remaining necessary information needed to close the loan. You will be responsible for preparing all documentation required in accordance with the approval and/or, reviewing loan documents prepared by outside counsel for accuracy, and checking documentation prior to closing for completeness and accuracy. You will ensure that collateral is perfected prior to booking/funding the loan, and identify and input non-financial ticklers for on-going monitoring or missing items. You will also ensure collateral remains perfected, legal documentation supports credit approval, and all risk controls have been met in order to proceed with funding the construction as requested.

Senior Construction Loan Analysts are expected to review, analyze, and process loan draws for commercial construction projects, evaluate property inspection reports, invoices, lien waivers, and construction budgets to assure they support the amount of funding requested. You will work to resolve budget, documentation or payout concerns with the Commercial Relationship Management, Loan Closing teams and Client to set up loan budgets that comply with the loan approval. In addition, you will work with the Credit and Loan Administration groups to follow internal disciplines for responsible portfolio management for your assigned portfolio.

Additionally, Senior Construction Loan Analysts are expected to assist the Loan Servicing Manager with projects and any other requests for support as necessary. You will use appropriate judgment and knowledge of company policies when sharing sensitive information, build a great rapport with clients and fellow associates, and treat others with respect and consideration regardless of their status or position.

All associates are expected to maintain current knowledge and consistent compliance with regulations and bank policies and procedures related to the position, including but not limited to Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC) requirements.

Minimum Requirements: To be considered for this position, you must possess the following qualifications.

• High School Education or equivalent combination of education and related work experience.
• 5+ years of relevant job experience.

Desired Qualifications: To be considered an ideal candidate, you should possess some of the following qualifications:

• Associate’s degree or equivalent.
• 7+ years of relevant job experience
• Prior bank experience in loan accounting or loan balancing

Skills and Abilities: Below is a general list of desired skills and abilities; this is not an exhaustive list.

• Take initiative to research and resolve problems prior to asking for assistance from Manager.
• Absolute discretion when dealing with confidential matters.
• Exceptional verbal, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, train personnel, write procedures and correspondence, speak clearly to customers and employees.
• Ability to think creatively and meet challenges with resourcefulness.
• Ability to prioritize competing demands and effectively manage multiple tasks and/or projects.
• Ability to make sound and timely decision, to consistently deliver on commitments, and assume responsibility for results.
• Proficient in MS Office applications which include Outlook, Word, Excel and Power Point.
• Strong typing skills to meet production needs of the position.
• Well developed and proven organization skills with ability to utilize time efficiently.
• Responsive and flexible; ability to adapt to changes in the work environment and modify approaches or methods to best fit the situation.

We are a culture that believes that people are our greatest asset and are at the heart of everything we do. We take pride in bringing clarity and simplicity to our associates (employees) and clients. Our decisions are made efficiently, fairly, and locally. Our success is directly tied to the communities we serve. It is equally important for us to look through the lens of our applicants and associates to identify their individual needs. As such, we want to share the following:

• We are committed to our core value of meritocracy and supporting our associates in growing within their role
• When completing certain tasks, an associate may need to be able to grasp, push, pull, lift, bend, raise and hold hands and arms overhead.
• An associate must be able to work overtime to the extent necessary (typically no more than 5%).

In addition to your financial compensation, we also offer a generous benefits package that includes insurance, 401k, an associate stock purchase program, paid time off, associate banking perks. For more information about the benefits offered click here.

If this is what you believe in, then you’re definitely right for us. Consider making an investment in us, so that we may invest in you and your bright future.