POSITION MAIN PURPOSE AND OBJECTIVES:
The Construction Loan Administrative Specialist II is
responsible for monitoring the disbursement process for mid to high
end residential construction projects and complex commercial
construction loans. The Construction Loan Administrative Specialist
II will manage the collection, review and tracking of subcontractor
and supplier lien waivers on projects with a cost basis of $1MM or
THIS ROLE IS ABLE TO WORK FROM LOUISVILLE OR LEXINGTON.
? High School diploma or equivalent required; College degree or
equivalent experience in Finance or Accounting preferred.
? Minimum of 2 years? previous Banking experience required.
? Previous construction Administrative experience required,
which includes residential and commercial projects.
? Demonstrated proficiency in Microsoft Word, Excel and Outlook
ESSENTIAL JOB FUNCTIONS AND RESPONSIBILITIES:
? Monitor commercial and development loan draw disbursement
processes on high valued, complex construction projects.
? Responsible for managing the collection, review and tracking
of subcontractor and supplier lien waivers on projects with a cost
basis of $1MM or greater.
? Monitor residential loan draw disbursement processes on mid to
high end construction projects.
? Order construction inspections for all types of loans and
calculate draw amounts based on appraiser?s percent complete.
? Review detailed construction cost sheet values for
completeness and reasonableness based on the intended/proposed
? Build and maintain relationships with owners, builders,
contractors, engineers, architects and appraisers to ensure project
is being completed as intended and within the scope of the
? Review plans, specs, and budgets to ensure completeness and
? Build and maintain open constructive lines of communications
with loan officers to discuss issues identified during processing
and during the draw process.
? Responsible for obtaining completed certificates and title
? Resolve mechanic lien or other title related issues as they
? Prepare customized residential inspection forms on
construction loans made for the purpose of renovation and/or a new
? Setup draw files for new residential and commercial
? Review construction loan documents prior to loan closigs and
make recommendations for changes as needed.
? Verify references on all new builder profiles and submit for
approval to be added to RB&T?s Builder Approval List.
? Quote payoffs on development loans and prepare partial deed of
? Facilitate the process of taking a construction loan to the
? Responsible for signing Officer checks when needed for
construction draw and other vendor disbursements.
? Assist Manager in the training of new hires in all areas of
the department and assist in developing and testing procedures for
new processes when necessary.
? Maintain a working knowledge of compliance requirements
affecting your position and area of responsibilities and actively
learn new regulations and assist in the implementation, if
? Model and foster behaviors that support the Bank?s values and
corporate culture creating an atmosphere of trust, cooperation,
accountability and dedication to the organization.
? Willingly perform all other duties and projects as
INTERPERSONAL SKILLS AND COMPETENCIES REQUIRED:
? Must be self-motivated and also work in a team
? Requires a high energy level and strong sense of urgency.
? Good analytical skills.
? Must have good time management skills and the ability to
The physical demands described here are representative of those
that must be met by an associate to successfully perform the
essential functions of this position. Reasonable accommodations may
be made to enable individuals with disabilities to perform the
While performing the duties of this position, the associate is
regularly required to sit, use hands to finger, handle, or feel;
and talk or hear. The associate frequently is required to stand or
walk. The associate is occasionally required to reach with hands
and arms. The associate must occasionally lift and/or move 10
pounds. Specific vision abilities required by this position include
close vision, and distance vision. The noise level in the work
environment is usually moderate.
? Travel between Republic Banking facilities may be necessary at
? Occasional out-of-town travel is required.
? Flexible work schedule that will include some evenings and
? Stay abreast of new developments, best practices, and
statutory and regulatory changes.
**The above is intended to describe the general content of and
requirements for the performance of this position. It is not
construed as an exhaustive statement of duties, responsibilities or