CONSTRUCTION LOAN ANALYST

Company: Northwest Bank
Location: Buffalo
Posted on: January 17, 2020

Job Description:

This position is responsible for:

* Monitoring post-closing of commercial construction, acquisition/development, and builder's line of credit loan facilities

* Working with a portfolio of commercial construction, acquisition/development, and builder's line of credit loan facilities

* Operational consistency, efficiency, productivity, reporting, and regulatory compliance

* Providing construction administration guidance and support for Commercial Lending, Credit Administration, and Loan Operations

* Understanding and reading inspection reports

* Determining if inspection reports are able to be processed

* Referring inspection reports to management, when needed

* Responsible for reviewing and understanding Building Loan Agreements and determining if a referral to management is necessary

* Verifying that Building Loan Agreements are in compliance with Construction Rules

* Responsible for reviewing draw requests

* Working with onsite equipment

* Working as part of a team

PREFERRED EDUCATION, TRAINING AND EXPERIENCE: Four-year college degree in business, finance, or related degree or an equivalent combination of education or work experience, 2-3 years of construction administration, documentation, processing, or lending experience.

ESSENTIAL FUNCTIONS

ADMINISTRATION:

* Ensuring compliance with Northwest policies and procedures

* Ensuring compliance with State/Federal regulations

* Ensuring compliance with third party agencies and vendors

* Ensuring complete data and document integrity

* Maximizing technology tools available

* Participating in special projects as needed

SPECIFIC DUTIES:

* Reviewing inspection reports

* Processing draw requests in a timely manner

* Monitoring construction budgets and informing the relationship manager if problems occur

* Ensuring lien waivers are obtained as required by state

* Monitoring construction loans converting to permanent until stabilization

* Preparing reports for management to review

* Tracking loan policy exceptions on construction loans

* Verifying inspection reports are accurate

PROFITABILITY:

* Minimizing non-payroll departmental costs

* Recommending improvements to procedures

* Recommending fee-generating alternatives

SAFETY/HEALTH:

* Being familiar with/abiding by the rules of the safety and loss prevention program

* Performing work tasks in a safe manner

* Reporting any and all injuries to their supervisor

* Knowing what to do in the event of an emergency

All of the above duties are subject to reasonable accommodation. The intent of this job description is to provide a representative summary of the major duties and responsibilities performed by incumbents of this job. Incumbents may be required to perform job-related tasks, duties, and/or responsibilities other than those specifically presented in this description.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor s legal duty to furnish information. 41 CFR 60-1.35(c)

Keywords: Northwest Bank, Buffalo , CONSTRUCTION LOAN ANALYST, Professions , Buffalo, New York