Commercial Construction Funding Analyst

Johnson Financial Group • Madison, WI

390d

About The Position

The Commercial Construction Funding Analyst at Johnson Financial Group is responsible for overseeing the monitoring and servicing of Commercial Real Estate Construction and Rehabilitation loans throughout the construction process. This role ensures that projects are completed on time, within budget, and in accordance with credit approvals, while maintaining strong relationships with internal and external partners.

Requirements

• 1+ years of construction loan administration and/or related commercial real estate experience.
• Bachelor's degree in business, real estate, accounting, finance or a combination of experience and education.
• Excellent interpersonal skills with the ability to effectively communicate verbally and in writing.
• Ability to work both independently and as part of a team.

Responsibilities

• Oversee Construction loan cost review and closing.
• Analyze budgets against sources and uses of funds to identify exceptions to or changes in standard monitoring requirements.
• Assess compliance with loan approval and documentation to ensure loan disbursements are within budget and timeframe for completion.
• Review relevant construction loan documents to determine requirements are being met during underwriting, closing and disbursement.
• Attend meetings in person or virtually and work closely with the Relationship Manager, Borrower and at times General Contractor to ensure timely and appropriate closing and ongoing monitoring requirements are established.
• Set up and maintain internal recordkeeping of disbursement and progress.
• Proactively monitor and document status of loan.
• Review draw requests for completeness and accuracy, including A1A's, 3rd party on-site inspection reports, lien waivers and soft cost invoices.
• Responsible for ongoing monitoring of the construction loan budget against bank records to ensure loan remains in balance.
• Coordinate inspection of the project with the 3rd Party Inspectors.
• Participate in on-site inspections as time permits.
• Coordinate timely processing of construction loan disbursements, obtain appropriate levels of approval as necessary.
• Ensure all disbursement documents are assembled and maintained for each Client.
• Responsible for monthly reporting of all commercial real estate construction projects in process, in addition to an overview of loans in the pipeline.
• Maintain strong working and communicative relationships with both internal and external business partners.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Professional, Scientific, and Technical Services
• Education Level: Bachelor's degree