Residential Construction Lender – Mobile Area, AL Position Available In Mobile, Alabama

Residential Construction Lender – Mobile Area, AL BankPlus – 3.3

Mobile, AL Job Details Full-time Estimated:

$57.9K – $81.1K a year 3 days ago Qualifications Microsoft Word Cash flow analysis Microsoft Excel Sales 5 years Residential construction Mid-level Microsoft Office Finance Business development Bachelor’s degree Accounting Computer skills Typing Lending Business Communication skills Banking Full Job Description At BankPlus, we strive to add value for our employees, customers and shareholders. We are a high-performing TEAM committed to fulfilling promises, building lasting relationships, and making dreams come true. All current employees must have a performance rating of Outstanding or High-Performing to be eligible to post for a position.

General Position Scope:

Responsible for identifying, acquiring, underwriting, and growing existing and new lending and deposit relationships with homebuilders, subdivision developers, and individuals looking to build their personal residence. This includes the generation, approval, and servicing of loans within acceptable loan risk standards while adhering to bank policy and regulations. Also, responsible for the generation of deposit transactions necessary to accommodate loan fundings.

Duties and Responsibilities:

Solicit, develop, service and maintain a residential real estate focused loan portfolio that exceeds $20MM and includes a variety of residential construction focused real estate credits. Maintain an appropriate level of deposits relative to the loan transactions provided to the borrowers within the portfolio. Evaluate and underwrite credit data, cash flow, financial statements, and collateral to determine the credit worthiness of applicants. Structure the loan terms and conditions within the bank’s policy and lending guidelines. Enter loans into nCino for navigation through the credit approval process and internal documentation. Recommending approval or decline of loans within the established bank guidelines and informing the applicant of the decision. Review loan renewal, extension and/or modification requests to ensure continued credit worthiness of the applicant. Present loan request memorandums to the appropriate level for approval. Obtaining operating agreements, articles of incorporation, certificates of good standing, and any other applicable forms needed from the borrower prior to closing. Prior to closing, review purchase agreements, title work, insurance, environmental documentation (as necessary), construction budgets and contracts, and any other applicable documents required depending on the loan type. Responsible for closing the loan which includes reviewing the loan documents for accuracy, securing the proper signatures on all documents, approving funding of the loan, and evaluating collateral pledged to existing and prospective loans. Make sure appropriate CIP, BSA and customer verification requirements have been met (including Beneficial Ownership analysis). Maintaining proper due diligence in file for construction loans throughout the process, while making sure the loan balance outstanding is commensurate with the level of completion. This includes, but is not limited to, having current project inspections in file prior to funding draw requests. Properly monitoring loans during the life of the loan which includes maintaining current financial information, testing loan covenants, obtaining current insurance and other required documentation to protect the Bank’s collateral position, and any other action as required depending on the loan type. Ensure customer satisfaction throughout the life of the loan, resolving problems as they arise. Monitor customer deposit accounts and approve NSF’s as necessary. Monitor past due list to ensure loans are paid on a timely basis. Work with Special Assets personnel on problem credits to work toward a positive resolution in a timely manner. Stay informed on local, regional, and national market and economic data that may affect credits under management or requests under consideration. Participate in community service activities for community betterment, personal and leadership development and business networking. Maintain a thorough knowledge of Bank products, services, policies, procedures, and appropriate regulatory issues as related to daily job functions, including but not limited to applicable laws and regulations, internal controls, operational procedures, risk management policies and security protocols. Participates in the bank’s High-Performance Rewards Connections program. Make referrals to other banking centers and departments as opportunities present themselves. Performs other duties as requested.

Position Requirements:

Bachelor’s degree in Business, Finance or Accounting Minimum of 5 years banking and/or real estate lending experience Experience with and demonstration of the understanding of lending policies, procedures, practices and documentation including accounting, financial statements, residential building and funding process, and cash flow analysis. Outstanding sales and business development skills. Excellent communication, interpersonal and business development skills. General computer and typing experience with Microsoft Office Suite, to include Excel, Word, and Outlook Must possess attention to detail Work outside of regular business hours, as deemed necessary BankPlus is an Equal Opportunity Employer and does not discriminate in hiring or employment on the basis of race, color, religion, national origin, citizenship, gender, marital status, sexual orientation, age, disability, veteran status, or any other characteristic protected by federal, state, or local law. We maintain a drug-free workplace and perform pre-employment substance abuse testing.