Senior Construction Loan Monitor

Old National Bank

Lake Elmo (MN)

On-site

USD 53,000 - 104,000

Full time

7 days ago
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Benefits offered by this job

Medical insurance
Dental insurance
Vision insurance
401K
Continuing education

Job summary

Old National Bank seeks a Construction Monitoring Specialist, SR to oversee the construction phase of commercial loans on site in the Midwest. You will collaborate with Relationship Managers, Commercial Support, and borrowers to ensure timely draws align with budgets and policy requirements.

The role emphasizes detailed documentation, regulatory compliance, and proactive problem-solving within an in-office culture across locations in the Midwest and mid-south.

Qualifications

  • Associates degree in a business-related field or equivalent work experience.
  • Minimum three years in commercial banking.
  • Detail oriented, thorough, and ability to think critically with limited oversight.
  • Excellent time and project management skills.
  • Strong organization skills.
  • Refined verbal and written communication skills.
  • Ability to meet strict deadlines.
  • Ability to handle multiple and complex projects in various stages of construction.

Responsibilities

  • Coordinate with Relationship Managers to review and approve construction documentation before closing.
  • Facilitate funding of draws while ensuring policy compliance and budget alignment.
  • Provide policy guidance during origination and regulatory compliance.
  • Communicate with clients, title companies, attorneys, and contractors when issues arise.

Skills

Detail oriented
Time management
Communication
Organization
Multitasking

Education

Associates degree in business-related field

Job description

Old National Bank seeks a Construction Monitoring Specialist, SR to oversee the construction phase of commercial loans on site in the Midwest. You will collaborate with Relationship Managers, Commercial Support, and borrowers to ensure timely draws align with budgets and policy requirements.

The role emphasizes detailed documentation, regulatory compliance, and proactive problem-solving within an in-office culture across locations in the Midwest and mid-south.

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