Construction Loan Manager oversees construction lending officers and processes and conducts business development activities to achieve loan gain and profit objectives in a designated market. Develops relationships with builders and construction companies to obtain referrals and promote lending activity. Being a Construction Loan Manager provides operational guidance, coaching, and support to loan officers. Directs all facets of construction loan processing from origination to closing. Additionally, Construction Loan Manager reviews appraisals and credit analysis to ensure a comprehensive review process and to reduce risk. Authorizes loan requests within established limits or presents loans to loan committee for approval. Requires a bachelor's degree in area of specialty. Typically reports to a director. The Construction Loan Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Construction Loan Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)
Summary: Administers operation of a branch office with total commercial, consumer loans, mortgages, and savings deposits depending on the size, goals, and other standards of the institution by performing the following duties:
Manages overall branch operations.*
Represents the financial institution to the community through good customer relations.*
Provides basic customer services at the financial institution to include opening new accounts, explaining available range of financial institution's products and services and gathering information needed to efficiently process new and existing accounts.*
Answers customer questions and assists customers with other account issues.*
Basic understanding of teller duties.
Calls on and corresponds with the local builders and real estate brokers and sales agents to generate mortgage loan business sufficient to meet the branch's assigned goals.*
Establishes and helps attain internal performance objectives for the branch office business volume, deposits, loan portfolios, and quality of audit reports.*
Participates in and encourages lending activities directly.*
Develops mortgage and savings business to meet institution and branch goals.*
Provides and maintains a professional, business-like atmosphere within the branch office.*
Reviews staff members for formal performance evaluations and recommends salary adjustments.*
Counsels employees when needed.*
Coordinates staff training when needed.*
Performs special projects as needed.*
Job Type: Full-time
Pay: $40,000.00 - $59,000.00 per year
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Work Location: In person