Residential Construction Specialist I

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

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 company's 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, Fun....who wouldn't want to work for an AWARD-WINNING companythat's 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 department typically works between the hours of 7am-5pm CST Monday-Friday.

Once trained, this positon may be hybrid.

Supervisory Responsibilities: None

Summary: Order, organize and review the necessary due diligence to establish new builder guidance lines, open new subnotes/construction projects, administer construction draws and process payoffs. This includes obtaining entity documents, ordering collateral due diligence (appraisals, flood searches, title work), ordering loan documents and scheduling closings with bank clients and other parties pertinent to the transaction. Manage numerous construction projects simultaneously and ensure budgets are in balance. This position requires extensive interaction with external clients, vendors and internal associates.

Essential Duties and Responsibilities:

• Review guidance line approvals in order to effectively and accurately open new subnotes and administer construction draws.
• Order documentation for new construction loans/subnotes. This includes but is not limited to appraisals, flood searches, title commitments and surveys. Ensure all of the due diligence is in file (TREEV) prior to ordering loan documents and scheduling closings with the client.
• Ensure that all of the appropriate entity documents are correct and scanned into TREEV for reference by the Commercial Doc Prep department prior to ordering loan documents.
• Order inspections and ensure that each project is in balance at each draw request. Work with title companies to update title insurance and ensure there are no outstanding mechanic's liens encumbering our collateral's title.
  • Obtain and review foundation surveys once the foundation of the home is in place. Make sure there is nothing questionable about the placement of the collateral (i.e., encroachments over easements or setback lines).
• Work with bank clients to schedule loan closings and construction draws (if applicable) at the title company.
• Ensure all department reports related to builder loans and guidance lines are updated daily and information is current and usable by audit, upper management and other associates. This includes but is not limited to the draw report, fee report, global guidance line report and specific builder reports. Answer any questions about the data contained therein.
• Process interest payments for builder loans in instances where the client has arranged for payments to be manually handled by the Residential Construction Area.
• Ensure timely receipt of closing packages, draw packages, recorded mortgages and final title policies from the title company.
• Monitor loan portfolio to ensure that builder's risk insurance is current for each subnote. Request evidence of current insurance for prior to any policies expiration. Delegate as needed.
• Manage maturing loans by contacting builders to see if an extension of the construction phase is needed or if there is a payoff in process. Work with loan officers to process extensions if needed.
• Submit loan packages to the scanning team, upload draw packages and quality check loan/draw packages. File original hardcopies in the vault.
• Prepare payoff letters for guidance line subnotes.

Other Duties and Responsibilities:

• Pay vendors for services rendered (appraisers, title companies, inspectors, etc.) during the processing of construction files.

Knowledge, Skills and Abilities required for this position:

• Must have the ability to multitask, prioritize and stay organized
• Must be able to work independently and make analytical decisions based on procedure.
• Must have excellent communication skills in order to effectively communicate complex information and resolve challenging issues that may arise during the processing of residential construction loans.
• Ability to retain complex policy, regulatory, and procedural information.
• Ability to take initiative to find answers by researching as asking questions
• Excellent customer service skills
• Must have the ability to remain calm in stressful situations and tight deadlines.
• Familiar with bank policy knowledge and the ability to utilize CSI NuPoint, Treev View/Capture, Credit Quest (banking software)
• Ability answer phones, transfer calls, and take messages for other associates/departments

• Capacity to adapt to changing procedures and regulations. Cannot be intimidated by complex loans or nuanced processes.

Minimum Qualifications:

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

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 219-755-6160 or send us an email at hrcareers@centier.com.

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.