VP Construction Lending Manager

Union Savings Bank - CT; Farmers Branch (TX); Hybrid; USD 90,000 - 130,000; Full time

Job summary

Union Savings Bank - CT seeks an experienced professional to manage its construction loan process and build a portfolio of commercial mortgage and construction loan accounts. The role coordinates with accountants, appraisers, architects, attorneys and engineers while underwriting loans in conjunction with Credit Administration.

You will lead multi-party projects, supervise third‑party professionals, prepare monthly loan status reports and develop new commercial real estate relationships.

Qualifications

• Experience managing construction loan processes.
• Ability to interface with accountants, appraisers, architects, attorneys and engineers.
• Underwrite construction loans with Credit Administration.
• Handle multiple complex transactions with minimal supervision.
• Knowledge of bank operations and loan policies.

Responsibilities

• Oversee construction loan process and maintain procedures.
• Coordinate with external professionals on projects being financed.
• Structure, coordinate and underwrite construction loans with Credit Administration.
• Select third party professionals for cost feasibility, budgets and inspections.
• Prepare monthly reports on construction loan status.
• Assist in new loan requests and comply with loan policies.
• Engage with customers throughout application and construction phases.
• Maintain relationships to raise the bank's visibility in the market.

Skills

Construction loans

Credit underwriting

Relationship management

Leadership

Client communication

Job description

Requisition Number: VPCON002127

• Full-Time


• Hybrid

Locations

Showing 1 location

Danbury, CT 06810, USA

Description

Manage Bank's Construction Loan process and procedures as well as develop and maintain a portfolio of new and existing commercial mortgage and construction loan accounts.

Manage Bank's Construction Loan Process

• Oversee all aspects of construction process including maintenance of appropriate construction procedures and policies in conjunction with Commercial Services, SVP - Department Head.


• Effectively interface with outside experts such as accountants, appraisers, architects, attorneys & engineers associated with projects being financed.


• Structure, coordinate and underwrite construction loans in conjunction with Credit Administration and other commercial loan officers as applicable.


• Manage selection of third party professionals including engineers, building professionals and inspection firms to coordinate project cost feasibility, budget reviews and inspections.


• Actively manage and prepare a monthly report on status of all construction loans.


• Structure, coordinate and underwrite loans in conjunction with Credit Administration as applicable.


• Able to handle multiple, complex transactions at a time.


• Knowledgeable in bank operations, procedure and in the types of transactions which are most desirable to the Bank.

New Business Development and Community Involvement

• Develop and manage large and most complex commercial account relationships with a focus towards commercial real estate developers and construction projects.


• Communicate with customers throughout application, loan and construction process as appropriate.


• Solicit for new business and interview applicants.


• Participate in joint calling efforts with branch personnel and commercial lenders.


• Demonstrate strong leadership skills.


• Cross sell bank products and services, counseling customers on pertinent product awareness.


• Communicate with internal and external customers throughout application and loan process.


• Maintain, through active participation, professional and community relationships, increasing the Bank’s visibility within the marketplace furthering professional development

Credit Administration

• Collect and analyze financial and related data to establish creditworthiness.


• Approval as appropriate of loan policy exceptions, modifications, risk ratings, etc.


• Monitoring of problem construction loan credits to ensure prompt follow-up and resolution.


• Management of credit approval process for construction loans to ensure adherence to established loan policies and procedures.


• Able to handle multiple, complex transactions at a time with little supervisor assistance.


• Knowledgeable in bank operations, procedures, and in the types of transactions which are most desirable to the Bank.


• Structure, coordinate and underwrite all loans in conjunction with Credit Administration as applicable.


• Handle new loan requests in conjunction with governmental loan programs.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
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