Union Savings Bank - CT logo
Hiring from
United States
Work type
Hybrid
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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.

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