Commercial Loan Construction Administrator
Michigan State University Federal Credit UnionEast Lansing, MI, United States4 days ago
Job type
- Permanent
Job descriptionEnsure all required construction documentation is collected prior to loan closing. Create, maintain, and enter construction loan disbursement files in the construction loan platform. Evaluate draw requests and recommend approval or denial of funding. Order and / or review due diligence reports such as title updates, inspection reports, environmental reports, third party budget reviews; flag issues for each draw request. Track insurance requirements from loan closing through the construction period. Monitor construction project timelines using a tracking schedule. Provide basic guidance on construction risk management procedures to members and loan originators. Serve as a liaison between lenders, members, and third parties to provide updates, resolve issues, and maintain proactive communication. Manage an active construction pipeline of renewal loan requests while tracking maturing loans to ensure timely renewals. Support property inspections and tracking for the commercial real estate portfolio. Understand the Credit Union's policies and procedures to ensure compliance and accountability for managing operational risks. Adhere to established internal controls and procedures to safeguard assets, prevent fraud, and maintain the integrity of credit union operations. Perform other duties as assigned All the Commercial Construction Administrator I duties and responsibilities Analyze construction data and inspection reports to identify issues and trends. Monitor construction budgets and timelines, reporting delays or overruns. Ensure compliance with construction loan policies; obtain necessary waivers. Assist in reviewing environmental reports and documenting findings in memos. Identify missing or inadequate documentation during loan closings and draw requests. Review collateral documentation to ensure it aligns with loan requirements. Monitor project compliance with approved budgets and contract service agreements. Maintain awareness of updates to loan policies, construction regulations, and procedures. All the Commercial Construction Administrator I and II duties and responsibilities Lead analysis and reporting of complex construction loan issues and risks. Provide expert-level guidance on construction risk management and policy interpretation. Review and make recommendations on significant policy exceptions and material issues. Assess environmental risk for complex commercial projects and communicate findings. Oversee the full lifecycle of commercial construction projects, ensuring compliance and performance. Collaborate with internal departments to improve construction loan administration processes. Represent the Credit Union in communications with lead or participating lenders regarding construction risk. Support audit readiness and ensure all documentation meets regulatory and internal standards. Handle all other duties as assigned, including special projects or process improvements. High School Diploma or Equivalent required. Minimum of a bachelor's degree or equivalent experience in business, finance, sales, or related field, or equivalent combination of work experience and education. Experience with computer operations and required systems. Core Competencies that must be demonstrated by all Credit Union employees include Communicate, Navigate Change & Evolve, Solve Problems & Make Decisions, Plan, Prioritize, and Achieve, and Collaborate. Functional Competencies : Documentation - Demonstrates knowledge of documentation procedures. Tracks changes, makes updates, and relays important information Initiative - Takes proactive and prompt action to accomplish work goals. Takes action to achieve results beyond requirements. Organization - Arranges work in a systematic way either on small or large scales. Process Improvement - Spots processes that need improving and can implement those changes. Process Knowledge - Demonstrates knowledge of procedures and department or Credit Union processes, and utilizes this knowledge to inform decisions. Resourcefulness - Creatively copes with difficult situations or unusual problems. Solves problems and achieves results in the face of obstacles and constraints. Superior Service - Adopts, effectively uses, and champions new technology. Understands and shares technological information used within the position. Systems Knowledge - Demonstrates knowledge of specific Credit Union programs and applications and successfully navigates these systems. Teamwork - Works well with internal and cross-functional teams to achieve individual, team, department, and / or organizational goals. Values diverse perspectives and working with others to achieve the best outcome possible. Time Management - Manages time and resources to ensure that work is completed efficiently. May be required to remain in a stationary position for an extended period. Ability to operate standard office technology, equipment, and tools, which may include many hours of computer and phone usage. Occasionally needs to move about inside of an office area. Exposure to potentially hazardous condition, i.e. robbery. Receives detailed instructions and procedures to be followed to minimize the exposure. Frequently moves equipment or materials weighing up to 25 pounds for transport between areas of buildings. This position can work in hybrid or onsite working arrangements. Please note this job description is not intended to be construed as an exhaustive list of all functions, responsibilities, skills, and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate. This document does not represent a contract of employment, and MSU Federal Credit Union reserves the right to change this position description and / or assign tasks for the employee to perform, as MSUFCU may deem appropriate. MSUFCU is an affirmative-action, equal-opportunity employer. To perform this job successfully, an individual must be able to perform each essential job duty satisfactorily. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform essential job functions.
Description
The Commercial Construction Administrator will be responsible for administering construction-related aspects of the loan closing, construction funding, and loan servicing process for all commercial construction loans. This role involves direct interaction with members, addressing inquiries, preparing correspondence, and managing all forms of communication. This role collaborates closely with both the loan officer and the member to collect necessary documentation and support ongoing monitoring and reporting of the commercial loan portfolio.
Work Arrangement : This position is able to work onsite or hybrid at our East Lansing Headquarters.
Department Hours : Monday - Friday 8 : 30am-5 : 00pm ET.
An offer of employment with MSU Federal Credit Union and affiliates is contingent upon the agreed work arrangement (onsite / hybrid / remote) and work location. MSU Federal Credit Union may or may not be able to accommodate temporary or permanent changes to work arrangements or allow employment outside the city and / or state of residency in which the new hire resides at the time of offered employment.
Benefits :
- 100% Company-Paid Health, Dental, Vision, Life, and Long-Term Disability Premiums
- Up to 26 days of PTO within your first year, as well as Volunteer Time Off & 11 Paid Holidays
- 401(k) with a company match
- Tuition Reimbursement
- Up to 12 Weeks of Paid Parental Leave
- Learn more about our benefits here
Essential Duties and Responsibilities :
Level I -
Level II -
Senior Level -
Job Requirements :
Level I, II and Senior :
Competencies :
Detail Oriented - Ensures information is complete and accurate. Adheres to processes as outlined. Follows up to ensure quality and completion of work.
Physical Demands and Work Environment :
Disclaimer :
Qualifications
Education Bachelors (preferred)
High School (required)
Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.
Create a job alert for this search
Loan Administrator • East Lansing, MI, United States
Related jobs
Sign On Bonus $7,500 FT and $5,000 PT.Full Time Days, 6 : 00am-6 : 30pm, and Full + Part time Nights, 6 : 00pm-6 : 30am, Available.
Want to make a difference in someone’s life every day? Come join our team!...Show moreLast updated: 10 hours ago Sign On Bonus $7,500 FT and $5,000 PT.Full Time Days, 6 : 00am-6 : 30pm, and Full + Part time Nights, 6 : 00pm-6 : 30am, Available.
Want to make a difference in someone’s life every day? Come join our team!...Show moreLast updated: 8 hours ago 
Stability Healthcare is seeking a local contract nurse RN Med Surg / Telemetry for a local contract nursing job in Owosso, Michigan.
Job Description & Requirements.Stability Healthcare is lookin...Show moreLast updated: 30+ days ago
Great Home Time & Pay : Earn up to $70,000+ annually! Plenty of freight available.Call and ask for details of routes available in your area.
Health, Dental & Vision Insurance with prescriptio...Show moreLast updated: 9 hours ago
ISC Healthcare is seeking a travel nurse RN Telemetry for a travel nursing job in Owosso, Michigan.Job Description & Requirements.
We believe every healthcare professional deserves to be treated...Show moreLast updated: 30+ days ago Great Home Time & Pay : Earn up to $70,000+ annually! Plenty of freight available.Call and ask for details of routes available in your area.
Health, Dental & Vision Insurance with prescriptio...Show moreLast updated: 9 hours ago 
Driving with Uber is an alternative to a part-time or full-time job and can get you earning cash on the road quickly.Driving with Uber allows you to earn quick cash while maintaining the flexibilit...Show moreLast updated: 1 day ago Great Home Time & Pay : Earn up to $70,000+ annually! Plenty of freight available.Call and ask for details of routes available in your area.
Health, Dental & Vision Insurance with prescriptio...Show moreLast updated: 9 hours ago Are you an experienced MDS nurse interested in the next step? The MDS Coordinator provides oversight of the RAI process and conducts assessments and care plan coordination for guests.The MDS Coordi...Show moreLast updated: 10 hours ago Driving with Uber is an alternative to a part-time or full-time job and can get you earning cash on the road quickly.Driving with Uber allows you to earn quick cash while maintaining the flexibilit...Show moreLast updated: 1 day ago Driving with Uber is an alternative to a part-time or full-time job and can get you earning cash on the road quickly.Driving with Uber allows you to earn quick cash while maintaining the flexibilit...Show moreLast updated: 1 day ago 
The Commercial Construction Administrator will be responsible for administering construction-related aspects of the loan closing, construction funding, and loan servicing process for all commercial...Show moreLast updated: 2 days ago
At Crete Carrier we know being an industry leader in driver pay is just the start.Our Leading Pay Plus program includes extras that boost drivers' take-home pay now—and provide more for r...Show moreLast updated: 30+ days ago
We are looking for a finance professional to join our team to train AI models.You will measure the progress of these AI chatbots, evaluate their logic, and solve problems to improve the quality of ...Show moreLast updated: 30+ days ago
Regional Class A CDL Drivers - $1,800 - $2,000 weekly pay.Dive into a career that offers a job and a lifestyle where your efforts are recognized, and your success is celebrated.At Premier, we&rsquo...Show moreLast updated: 30+ days ago Driving with Uber is an alternative to a part-time or full-time job and can get you earning cash on the road quickly.Driving with Uber allows you to earn quick cash while maintaining the flexibilit...Show moreLast updated: 1 day ago 
PRN Healthcare is seeking a travel nurse RN Telemetry for a travel nursing job in Owosso, Michigan.Job Description & Requirements.
PRN Healthcare Job ID #1450838.Pay package is based on 12 hour ...Show moreLast updated: 30+ days ago Driving with Uber is an alternative to a part-time or full-time job and can get you earning cash on the road quickly.Driving with Uber allows you to earn quick cash while maintaining the flexibilit...Show moreLast updated: 1 day ago
- Promoted
- New!
Licensed Practical Nurse (LPN)
The Laurels of FultonSAINT JOHNS, MI, USFull-time +1
- Promoted
- New!
Licensed Practical Nurse (LPN) - Sign On Bonus
The Laurels of FultonSAINT JOHNS, MI, USFull-time +1
- Promoted
Local Contract Nurse RN - Med Surg / Telemetry
Stability HealthcareOwosso, MI, USFull-time
- Promoted
- New!
Truck Driver Company - 6mo EXP Required - Dedicated - Dry Van - $70k per year
U.S. Xpress - DedicatedAlbion, MI, USFull-time
- Promoted
Travel Nurse RN - Telemetry
ISC HealthcareOwosso, MI, USFull-time
- Promoted
- New!
CDL-A Company Driver - 6mo EXP Required - Dedicated - Dry Van - $70k per year
U.S. Xpress - DedicatedAlbion, MI, USFull-time
- Promoted
Earn Extra Income Driving
UberChelsea, MI, USFull-time +1
- Promoted
- New!
Dedicated CDL-A Company Driver - 6mo EXP Required - Dry Van - $70k per year
U.S. Xpress - DedicatedParma, MI, USFull-time
- Promoted
- New!
MDS Coordinator
The Laurels of FultonSAINT JOHNS, MI, USFull-time
- Promoted
Want to earn extra money? Drive with Uber
UberChelsea, MI, USFull-time +1
- Promoted
Earn extra cash - Sign up and drive with Uber
UberConcord, MI, USFull-time +1
- Promoted
Commercial Loan Construction Administrator
MSUFCUEast Lansing, MI, United StatesPermanent
- Promoted
OTR Truck Drivers
Crete CarrierJackson, MI, USFull-time
- Promoted
Remote Finance Director - AI Trainer ($50-$60 / hour)
Data AnnotationEast Lansing, MichiganRemote
Full-time +1
- Promoted
Regional Class A CDL Drivers
Premier TransportationDexter, MI, USFull-time
- Promoted
Driver - Flexible hours. Instant Pay.
UberSpringport, MI, USFull-time +1
- Promoted
Travel Nurse RN - Telemetry
PRN HealthcareOwosso, MI, USFull-time
- Promoted
Need Cash for the Holidays? Drive with Uber
UberParma, MI, USFull-time +1