Builder Construction Loan Admin Specialist

SouthState Construction Loan Administrator

The SouthState story is one of steady growth, deep community roots, and an unwavering commitment to helping our customers move forward. Since our beginnings in the 1930s to becoming a trusted financial partner across the South and beyond - we are known for combining personal relationships with forward-thinking solutions.

We are committed to helping our team members find their success while maintaining the integrity of our values : building trust, fostering lasting relationships and pursuing excellence. At SouthState, individual contributions are recognized, potential is cultivated and team members are inspired to achieve their greater purpose. Your future begins here!

Summary / Objectives

This position will report to Builder Construction Loan Administration ("Builder CLA") Team Lead. This position is responsible for, but not limited to, oversight of all administration, monitoring and funding of Homebuilder Construction Lines of Credit, Commercial A&D Residential Related Projects and Commercial Other 1-4 Family Construction Loans ("Construction Draw Projects"). Ensure compliance with Bank policies and procedures and all applicable federal and state rules and regulations.

Essential Functions

Primary contact responsible for review and approval of Construction Draw Projects, budget monitoring and specific duties, tasks, and responsibilities as outlined below :

• Thorough understanding of the documentation required for proper administration and monitoring of Construction Draw Projects
• Thorough understanding of the review and processing of Construction Draw Project requests in order to ensure proper disbursement of funds as set forth in the Credit Approval, Loan Agreement, Department Procedures and Bank Policies and Procedures
• Setup, maintenance, and on-going monitoring of Sources and Uses and / or inventory spreadsheets and / or CLCS and / or Built software as applicable to each Construction Draw Project to ensure sufficient funds are available to complete construction of each specific property
• Coordinate and perform a detailed review of the inspection and title documents to identify project concerns, cost overruns, current construction status, and title issues
• Specific to Homebuilder Construction Lines of Credit : Order residential appraisals, flood certifications, title documents, prepare various loan documents, including satisfaction documents, as well as various internal transaction processing
• Knowledge of liability, hazard, builder's risk & flood insurance
• Liaising with Bank customers, third party vendors (i.e. attorneys, title agents, inspectors, etc.) and peer employees by providing assistance through healthy and positive interactions
• All other tasks, responsibilities, or duties, as directed by management

Other Skills

Competencies

Qualifications and Education Requirements

These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed above are representative of the knowledge, skill and / or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.

Training Requirements / Classes

Physical Demands / Work Environment

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Position may require regular before / after normal business hours.

Equal Opportunity Employer, including disabled / veterans.