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Construction Loan Project Administrator

Job in Felton, Kent County, Delaware, 19943, USA
Listing for: Shore United Bank
Full Time position
Listed on 2025-12-27
Job specializations:
  • Business
    Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 28 - 36 USD Hourly USD 28.00 36.00 HOUR
Job Description & How to Apply Below
Location: Felton

Shore United Bank is seeking a full-time Construction Loan Project Administrator (Mortgage Division) to join our team. The Construction Loan Project Administrator manages all aspects of a caseload of construction projects from credit approval through completion and maintenance, while also providing cross‑team support. The role requires strong organizational skills, effective communication, and the ability to manage projects that support regulatory compliance, process efficiency, and customer experience.

In addition to primary caseload responsibilities, the role leads and contributes to strategic initiatives in the Mortgage Division such as process improvements, cross‑team collaboration, metric tracking, procedure development, and client experience enhancements.

Essential Functions
  • Caseload Management
    • Manage a portfolio of Mortgage Division construction projects from credit approval through completion and end‑of‑construction maintenance.
    • Collaborate with Loan Officers, builders, borrowers, and inspectors to ensure a positive client experience.
      • Vet and approve contractors, review insurance, license and credit information in alignment with Bank processes, issue builder approval.
      • Review construction contracts, quotes and supporting materials to ensure accuracy, compliance with Bank standards and completeness of a turnkey project.
      • Align budget for built‑system setup and inspection requirements.
      • Define and document equity timing, acceptable forms, and proof‑of‑payment standards.
      • Communicate requirements, timelines, and monitoring protocols clearly to all parties.
    • Document all project details in the Built platform, including requirements, timelines, exceptions, and approvals, to ensure accuracy, transparency, and a streamlined audit trail.
    • Provide clear‑to‑close (CTC) authorization, confirming all construction requirements, or provide CTC with documented, approved exceptions and a follow‑up plan.
    • Maintain proactive communication and coordination with stakeholders throughout the project lifecycle.
    • Monitor progress, identify risks, and implement mitigation strategies; make real‑time decisions on escalation or remediation and provide regular updates to management.
    • Exercise independent judgment in determining documentation and monitoring protocols tailored to each project’s complexity and risk profile.
  • Cross‑Team Support
    • Provide backup and support to team members and across departments.
    • Collaborate to ensure service continuity and knowledge sharing.
  • Strategic Initiatives & Process Improvement
    • Lead or support initiatives including process improvements, training and knowledge sharing, team and cross‑team collaboration, performance metric tracking, procedure development, and client experience enhancements.
  • Project Planning & Reporting
    • Define deliverables and timelines for non‑caseload projects with leadership.
    • Provide regular updates on status, risks, and outcomes.
    • Maintain organized records for all initiatives.
  • Other Responsibilities
    • Coordinate specific work tasks with other personnel within the department, as well as with other departments to ensure the smooth and efficient flow of information.
    • Cooperate with, participate in, and support the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the Bank's compliance with all regulatory requirements, e.g., Community Reinvestment Act (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, etc.
Location

Felton Branch - 120 W Main St, Felton, DE 19943

Position Type/Expected Hours
  • Full‑time.
  • Non‑exempt.
  • Days of work:
    Monday–Friday, 8:00 a.m.–5:00 p.m. Occasionally, additional hours may be required depending on workload and department needs.
Required

Education and Experience
  • High school diploma/GED equivalent.
  • Minimum of one (1) year of experience in construction administration, documentation, processing, credit administration, lending, retail branch banking, or office administration.
Compensation
  • The pay range for this position is $28.00–$36.00 per hour.
  • Actual compensation offered may vary from the posted range based on relevant experience, time in role, internal peer comparisons, prior performance, business…
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