Construction Loan Officer III at Citizens Business Bank

Job description

ESSENTIAL DUTIES AND RESPONSIBILITIES 1. Complies with and stays abreast of all policies and procedures, federal and state laws applicable to the job. 2. Provide, present and promote The Citizens Experience to all external and internal customers. 3. Development of new business (residential and commercial properties) Provide excellent client service such that the bank receives repeat business from its clients Attract and acquire construction related relationships with qualified borrowers through business development efforts. 4. Interact directly with builders and developers as well as with branches/departments Appropriately respond to construction loan inquiries from builders and developers as well as other Bank personnel. 5. Simultaneously underwrite and negotiate potential construction loans Determine project feasibility. Originate and underwrite new construction loans. Ability to work with complex excel and other specific real estate project capitalization software and use to the results in negotiations with clients and to assist the branches in working with clients. Experience to quickly review construction project line items and lease up or sales assumptions to ascertain their accuracy. This allows for quick response times to the client or branch and allows for improved credit quality. Some experience working with builders and developers that have substantive balance sheets and multiple banks Prepare written request for approval, Request of Credit Extension and EOI’s. Coordinate loan documentation/closing process. 6. Monitor construction loan portfolio Oversee funding of projects through completion of construction, sale and/or take out. Review and approve disbursement requests and reconveyances for assigned clients 7. Follow up and monitor past due/problem loans Manage portfolio to assure adherence to policy. Respond to deficiencies in a timely manner. Document and report when appropriate Process extensions in a timely manner 8. Ensure adherence to Bank policy; assist in achievement of Bank's CRA objectives Follow appropriate underwriting procedures and guidelines 9. Other duties may be assigned. Page Break QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. EDUCATION and/or EXPERIENCE Bachelor's degree (B. A.) from four-year college or university; or one to two years related experience and/or training; or equivalent combination of education and experience. LANGUAGE SKILLS Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public. MATHEMATICAL SKILLS Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry. REASONING ABILITY Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form. Computer Skills To perform this job successfully, an individual should have a working knowledge of Microsoft Office and Premier Software. Certificates, Licenses, Registrations Current driver's license. Other Skills and Abilities Social and interactive skills plus ability to be self motivated and organized. Ability to read blue prints is a plus. Other Qualifications Must be able to travel 10% of the time. Physical Demands The physical demands described h