Senior Construction Loan Administration Specialist

Senior Construction Loan Administration Specialist

Job Category
:
Administration

Requisition Number
: SENIO
006095

Posted:
April 24, 2026 | Full-Time

Florida, USA
Miami, FL 33130, USA
West Palm Beach, FL, USA
Gainesville, FL, USA
Downtown Sarasota, 1950 Ringling Blvd, Sarasota, FL 34236, USA

The Senior Commercial Construction Administration Officer is responsible for administering residential, commercial, SBA 504 and 7A, multifamily and/or builders line construction loans. The role ensures compliance with legal agreements, accurate financial administration, strong internal controls, proactive risk identification, and effective communication with builders, clients, bankers, syndicate/participation members, and adherence to regulatory and internal risk standards from pre‑closing through payoff or conversion to permanent financing.

The position directly supports the Seacoast commitment to prudent growth, relationship‑based banking, and consistent execution of policies, procedures and regulatory requirements.

• Administer the construction draw process, including initiation of inspections, monitoring notice to owners and progress payment affidavits, coordinating draw requests, and obtaining title policy updates when required.
• Assure all documentation is in place for proper closeout of construction files through payoff or conversion to permanent loan.
• Monitor management reports and controls on an ongoing basis and timely report any discrepancies to department management and banker.
• Assist in establishing and revising department procedures as necessary.
• Review and approve construction draw requests, including inspection reports, lien waivers, budgets, and supporting documentation.
• Monitor construction progress, budgets, retainage, and contingency utilization.
• Ensure compliance with loan covenants, reporting requirements, and syndication/participation agreements.
• Coordinate with Relationship Managers, Credit, Legal, Inspection Vendors, and External Counsel as needed.
• Identify, escalation, and resolve exceptions, borrower non‑compliance, cost overruns, and delays.
• Maintain accurate loan records, participant balances, and construction administration files.
• Support audits, internal reviews, and regulatory examinations.
• Communicate with commercial or residential lenders, builders, inspectors, borrowers and others to resolve disputes and problems.
• Assist in maintaining department procedures, production and maintenance of appropriate reports, and audit and compliance follow‑up.
• Ensure understanding and maintenance of Loan Policy and that procedures for exceptions to lending policy are documented and that changes to policy or procedures are requested to ensure conformity when applicable.
• Adhere to the highest legal and ethical standards applicable to our industry.
• Ensure adherence to AML/BSA requirements, operational procedures, credit policy, loan policy, audit procedures, risk/control expectations, dual control, data security, business continuity, and all other regulated banking requirements.
• Demonstrate Seacoast’s core values through ethical conduct, accountability, collaboration, and consistent service excellence.

• Serve as the primary construction loan administrator representing Seacoast Bank to syndicate and participation partners.
• Establish and maintain participation records, participant shares, funding accounts, and billing schedules.
• Review, approve, and process construction draws; allocate and disburse funds to the borrower.
• Prepare and distribute draw notices, funding requests, and advance allocations to participant banks.
• Ensure timely billing and collection of participant funding, fees, and reimbursements.
• Monitor and enforce construction and loan agreement terms, including budgets, milestones, and covenants.
• Communicate construction progress, issues, exceptions, and material changes to all participants.
• Coordinate amendments, waivers, extensions, and consent requests with participants and Legal.
• Administer interest, fees, reserves, escrows, and retainage accounts.
• Handle default administration, including participant communication, voting thresholds, and…