Loan Operations - Senior Construction Loan Analyst

NBH Bank•Kansas City, MO

About The Position

As a Senior Construction Loan Analyst, you will be responsible for providing a thorough objective analysis of the construction documentation and funding requirements and serve as a subject matter expert for other Construction Loan Analysts in reviewing documentation prepared for accuracy and training others on the construction draw process. You will be expected to lead the RE construction monitoring and review process, including funding requests, invoices, AIA requests from the General Contractor, completion requirements as required by the loan documents and other supporting documents and final completion documents. You will verify loans submitted for approval to ensure preliminary information has been uploaded, properly entered and approved, gathering all remaining necessary information needed to close the loan. You will be responsible for preparing all documentation required in accordance with the approval and/or, reviewing loan documents prepared by outside counsel for accuracy, and checking documentation prior to closing for completeness and accuracy. You will ensure that collateral is perfected prior to booking/funding the loan, and identify and input non-financial ticklers for on-going monitoring or missing items. You will also ensure collateral remains perfected, legal documentation supports credit approval, and all risk controls have been met in order to proceed with funding the construction as requested. Senior Construction Loan Analysts are expected to review, analyze, and process loan draws for commercial construction projects, evaluate property inspection reports, invoices, lien waivers, and construction budgets to assure they support the amount of funding requested. You will work to resolve budget, documentation or payout concerns with the Commercial Relationship Management, Loan Closing teams and Client to set up loan budgets that comply with the loan approval. In addition, you will work with the Credit and Loan Administration groups to follow internal disciplines for responsible portfolio management for your assigned portfolio. Additionally, Senior Construction Loan Analysts are expected to assist the Loan Servicing Manager with projects and any other requests for support as necessary. You will use appropriate judgment and knowledge of company policies when sharing sensitive information, build a great rapport with clients and fellow associates, and treat others with respect and consideration regardless of their status or position. All associates are expected to maintain current knowledge and consistent compliance with regulations and bank policies and procedures related to the position, including but not limited to Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC) requirements.

Requirements

High School Education or equivalent combination of education and related work experience.
5+ years of relevant job experience.

Nice To Haves

Associate’s degree or equivalent.
7+ years of relevant job experience
Prior bank experience in loan accounting or loan balancing
Proficient in Laser Pro commercial documentation software
Take initiative to research and resolve problems prior to asking for assistance from Manager.
Absolute discretion when dealing with confidential matters.
Exceptional verbal, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, train personnel, write procedures and correspondence, speak clearly to customers and employees.
Ability to think creatively and meet challenges with resourcefulness.
Ability to prioritize competing demands and effectively manage multiple tasks and/or projects.
Ability to make sound and timely decision, to consistently deliver on commitments, and assume responsibility for results.
Proficient in MS Office applications which include Outlook, Word, Excel and Power Point.
Strong typing skills to meet production needs of the position.
Well developed and proven organization skills with ability to utilize time efficiently.
Responsive and flexible; ability to adapt to changes in the work environment and modify approaches or methods to best fit the situation.

Responsibilities

Provide a thorough objective analysis of the construction documentation and funding requirements
Serve as a subject matter expert for other Construction Loan Analysts in reviewing documentation prepared for accuracy and training others on the construction draw process
Lead the RE construction monitoring and review process, including funding requests, invoices, AIA requests from the General Contractor, completion requirements as required by the loan documents and other supporting documents and final completion documents
Verify loans submitted for approval to ensure preliminary information has been uploaded, properly entered and approved, gathering all remaining necessary information needed to close the loan
Prepare all documentation required in accordance with the approval and/or, reviewing loan documents prepared by outside counsel for accuracy, and checking documentation prior to closing for completeness and accuracy
Ensure that collateral is perfected prior to booking/funding the loan, and identify and input non-financial ticklers for on-going monitoring or missing items
Ensure collateral remains perfected, legal documentation supports credit approval, and all risk controls have been met in order to proceed with funding the construction as requested
Review, analyze, and process loan draws for commercial construction projects
Evaluate property inspection reports, invoices, lien waivers, and construction budgets to assure they support the amount of funding requested
Resolve budget, documentation or payout concerns with the Commercial Relationship Management, Loan Closing teams and Client to set up loan budgets that comply with the loan approval
Work with the Credit and Loan Administration groups to follow internal disciplines for responsible portfolio management for your assigned portfolio
Assist the Loan Servicing Manager with projects and any other requests for support as necessary
Maintain current knowledge and consistent compliance with regulations and bank policies and procedures related to the position, including but not limited to Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC) requirements