Beavercreek, OH, 45430, USA
1 day ago
Commercial Loan Program Manager
Job Description An employer is seeking a Commercial Loan Program Manager for a direct hire opportunity in Beavercreek, OH. The Commercial Loan Program Manager is a position within the Commercial Portfolio Management Team, responsible for the strategic oversight and operational execution of the commercial construction lending program within the credit union. This position will manage commercial construction loan activities, ensuring compliance with internal lending policies and regulatory standards. The position is responsible for oversight of commercial construction loans, including the review of budgets, draw requests, on-site inspections, and moving construction loans from the draw phase to the end loan phase. The CCLPM will work closely with borrowers, builders, internal credit teams and executive leadership to drive prudent growth, member service excellence, and effective management of the construction loan portfolio. The reason for this opening is in result of the Credit Unions initiative of achieving 10 billion in assets. Job functions: - Works with borrowers, builders and developers to manage construction loan processes, including reviewing construction budgets, draw requests, work completed by on-site inspectors and appraisers, and work completed by title companies involved with construction loans. (20%) - Ensure all required documentation related to the construction component of new loans is obtained prior to loan closing, including but not limited to construction and architect/engineers contracts, construction budgets, municipal approvals, and permits, builders risk insurance, and other documentation required by policy and credit approval. Ensures proper policies, procedures, risk mitigation activities, and operating controls are followed. Reports gaps in policies, procedures, and operating controls to leadership to ensure member impact and risk is mitigated. (20%) - Manages communications from members, potential members, builders, developers, appraisers, inspectors, government entities and title companies about WPCUs commercial construction loan processes and works to make the commercial construction loan process as efficient as possible for members while mitigating risks for WPCU. (20%) - Monitor and report on commercial construction loan portfolio performance, delinquency and loss trends, loan risk ratings, and market conditions. (10%) - Proactively identifies at-risk loan relationships through ongoing portfolio monitoring efforts, including delinquency monitoring, covenant performance, lien and lawsuit monitoring, insurance monitoring and monitoring payment of real estate taxes. Assists with administering loan workouts and asset preservation plans. (10%) - Recommend policy, management practice, or procedural changes as needed. (5%) - Maintain adherence to all state and federal regulations governing the commercial construction loan process and assist compliance, legal, and internal audit teams with regulatory examinations and internal/external audits. (5%) - Works with the Commercial Portfolio Management Team to collect on commercial construction loans, including developing strategies, tactics, and plans, and achieving overall performance, service, and profitability targets as established by senior management. (5%) - Other duties as required to support business unit and credit union goals. (5%) We are a company committed to creating inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity employer that believes everyone matters. Qualified candidates will receive consideration for employment opportunities without regard to race, religion, sex, age, marital status, national origin, sexual orientation, citizenship status, disability, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to Human Resources Request Form (https://airtable.com/app21VjYyxLDIX0ez/shrOg4IQS1J6dRiMo) . The EEOC "Know Your Rights" Poster is available here (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12ScreenRdr.pdf) . To learn more about how we collect, keep, and process your private information, please review Insight Global's Workforce Privacy Policy: https://insightglobal.com/workforce-privacy-policy/ . Skills and Requirements 5+ yrs experience in construction lending, preferably in commercial construction lending.  Strong understanding of construction lending principles, including project budgeting, inspections, draw schedules, and loan-to-cost/loan-to-value ratios.  Excellent communication and ability to present to stakeholders  Bachelor Degree in Business or Financial related fields Masters Degree null We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal employment opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment without regard to race, color, ethnicity, religion,sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military oruniformed service member status, or any other status or characteristic protected by applicable laws, regulations, andordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to HR@insightglobal.com.
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