What are the responsibilities and job description for the Residential Construction Loan Officer position at CAPITAL COMMUNITY BANK?
The Residential Construction Loan Officer will contribute to the growth of CCBank’s market share of residential construction projects with an emphasis on growing the bank’s homebuilder relationships. The Residential Construction Loan Officer will work directly with existing and prospective clients of the bank to efficiently manage relationships, source and develop lending opportunities, and underwrite and close loan requests, while ensuring that the bank is forming comprehensive relationships with our clients. The Officer will collaborate closely with the bank’s wholly owned mortgage company, Security Home Mortgage, to create dirt-to-term residential construction relationships.
Duties and Responsibilities
Contribute to the growth and market share expansion of CCBank in the residential construction and development market.
Partner effectively with the bank’s mortgage team to convert residential construction volume into mortgage relationships
Engage with customers to determine loan needs.
Interview loan applicants.
Collect and process loan applications and documentation.
Evaluate credit and analyze financial documentation.
Advise clients on loan policies and restrictions.
Prepare loan proposals for credit approval with the support of the credit department.
Coordinate with internal team members and third-party vendors to complete closing due diligence and meet scheduled closing dates.
Maintain and update client account records.
Monitor and manage existing customer portfolio.
Maintain compliance with local, state, and federal laws.
Perform any other duties as assigned.
Minimum Requirements and Qualifications
5 years of direct experience producing and managing construction loans in a banking environment, with a preferred emphasis in residential development and construction.
Thorough and technical knowledge of financial statements, cash flow analysis, and loan structure.
Direct experience with various lending products including land (acquisition and horizontal development), residential builder guidance lines, residential construction loans (builder financing and consumer TRID). Candidate must have extensive experience in compliance with TRID requirements.
Experience with financial spreading and loan underwriting tools (Moody’s, Sageworks, Encino, etc.).
Exceptional ability to communicate proactively, clearly, and efficiently.
Exceptional time management and task prioritization skills.