Commercial Construction Specialist

Centier Bank

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profile Job Location:

La Porte, IA - USA

profile Monthly Salary: Not Disclosed
Posted on: 15 hours ago
Vacancies: 1 Vacancy

Job Summary

Starting Pay Rate is Based on Experience - Minimum Hourly Rate:

$19.00

Recognizing and valuing diversity strengthens our ability to attract retain and engage associates and reinforces our relationship within our communities. Our associates are the most valuable asset we have. The collective sum of the individual differences life experiences knowledge and talent that our associates invest in their work represents a significant part of not only our culture but our reputation and companys achievement as well.

A Centier Associate is someone who embodies a servant heart is unaccepting of anything less than remarkable service and is self-motivated and driven to deliver exceptional results.

What are our values Our Corporate values are Caring Loyalty Integrity Friendship wouldnt want to work for an AWARD-WINNING companythats built on these pillars

What about the perks Access to our Marathon Health Clinics which provide FREE visits & prescriptions Generous Paid Time Off benefit Tuition Reimbursement 401K match Associate Stock Ownership Plan Daycare Reimbursement FREE Onsite Fitness Center/Fitness Reimbursements Health and Wellness Programs the ability to have a voice with our Diversity/Equity/Inclusion Council Career Growth Work/Life Balance AND MORE.

This positon typically works Monday-Friday between 8-5. The positon can be based out of the Merrillville Corporate Centre or Laporte branch. Upon successful completion of training the job can be hybrid.

Supervisory Responsibilities: None

Summary: Manage the commercial construction draw process for all commercial projects at the Bank. Communicate directly with Borrowers contractors inspectors title companies etc. to coordinate draw funding. Review draw requests to verify proper documentation and confirm the project is in balance. Work with Business Banking lenders/AAs to resolve any deficiencies that develop. This individual must be able to work independently without daily supervision.


Essential Duties and Responsibilities:

Process incoming projects. This includes but is not limited to:

  • Adding new loans to reports and creating construction funding worksheets (CFWs) for each new file;
  • Using judgment to escalate complicated or problematic projects to the Construction Services Team Leader when appropriate.
  • Review draw request packages to determine that the supporting documentation for line items to be paid is included and the project is in balance. Resolve any deficiency in documentation for payment or budget variances with the client and/or loan officer.
  • Ensure all conditions for disbursement defined in loan approval are met prior to releasing funds. Disburse draw proceeds via wire transfer or through Transaction Manager (electronic transfer). Notify accounting and wire departments when large disbursements are anticipated.
  • Ensure that clients inject their portion of the construction costs (equity) prior to disbursement of loan proceeds or as dictated by the loan approval.
  • Order and review inspections title updates and other documentation needed to process draw requests.
  • Work with the client and loan officer to address problems identified by the inspection and reduce disbursements accordingly.
  • If mechanics liens are identified by a title update work through the issue with the title company attorneys borrower contractor and loan officer.
  • Keep loan officer up to date on project progress and anticipated funding.
  • Maintain various spreadsheets to track construction projects. Enter project and draw information in Smartsheet.
  • Track interest reserve draws on spreadsheet for Bank reporting requirement on capitalized interest.

Other Duties and Responsibilities:

  • Scan all draw related documentation to imaging system (CenterDoc).
  • Collect draw expenses and log fees in the appropriate report.
  • Set up tickler for interest payment draws that are not automated. Process draws accordingly.
  • Other duties as assigned by supervisor

Knowledge Skills and Abilities required for this position:

  • Must be proficient in Excel (365)
  • Must be able to work independently and make analytical decisions based on procedure.
  • Ability to quickly learn and retain complex information related to construction processing title work and lien perfection.
  • Strong computer skills including:
  • 365 Word Outlook NuPoint (Core software)
  • Comfort working with computers and capacity to learn and master new software especially Smartsheet.
  • Strong communication skills to effectively resolve complex issues that may arise throughout the course of construction
  • Ability to take initiative to find answers by researching and asking questions
  • Bank Policy knowledge
  • Ability to type and answer phones

Minimum Qualifications:

  • High School Diploma.
  • Experience in construction administration budget management or related field is strongly preferred
  • 1-2 years banking or office experience or equivalent

Internal Pay Level 6

What do I do now

  • Apply with us!
  • Refer this opening to others!

Disability Accommodation Statement
Centier Bank is an Equal Employment Opportunity/Affirmative Action employer and is committed to providing reasonable accommodations to individuals with disabilities in the employment application process. If you need an accommodation due to a disability to use our online system to apply for a position at Centier Bank please call us at or send us an email at .

Equal Opportunity Employer/Disability/Veteran
Centier Bankis proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race color gender national origin religion age disability sexual orientation gender identity military status veteran status or any other legally protected status.

Member FDIC


Required Experience:

IC

Starting Pay Rate is Based on Experience - Minimum Hourly Rate:$19.00Recognizing and valuing diversity strengthens our ability to attract retain and engage associates and reinforces our relationship within our communities. Our associates are the most valuable asset we have. The collective sum of the...
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Key Skills

  • Building Construction
  • Logistics & Procurement
  • Account Management
  • Communication
  • Client Services
  • Jboss

About Company

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Welcome to Centier Bank, a family-owned Indiana bank offering friendly service and a personal touch. For more information on checking, savings, mortgages, and credit card products & services, contact us today.

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