Construction Loan Portfolio Manager II

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Provides risk analysis for the loan closing and administration on commercial real estate transactions that present complex structures around investment and owner‑occupied construction loans. This key member of the coverage team reviews construction‑related contracts and loan documents to ensure documentation meets Bancorp policies, procedures, and loan approval structure. Identifies and provides guidance for any material deviations to construction loan policy/procedures and inconsistencies to loan approval that need to be addressed prior to closing.

Performs lead role in the review and funding of complex commercial construction loans. Primary responsibilities include the management and identification of construction risks associated with commercial construction loan disbursements by completing a detailed analysis of project budgets, reviewing sufficiency of supporting documentation, and determining whether the loan remains in balance. This critical review allows the bank to track the project’s progress to the scheduled delivery and approved budget while ensuring the project is completed lien free so that the bank’s collateral position is preserved.

Collaborates with line of business and Credit partners on construction risk and offers solutions to mitigate risk.

The role is responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

• Possess a strong working knowledge of the Commercial Real Estate Policies and Procedures.
• Accountable for all assigned customers and associated construction projects.
• Review General Contractor, Architect/Engineer agreements, construction budgets, and loan agreement to ensure bank’s construction policy and procedures are adhered and aligned with approval.
• Coordinate the review and resolution of any issues identified in the third‑party plan, spec, and cost reports as well as coordination of Bank’s Consultant’s for monthly draw requests.
• Review budgets to confirm all sources of funds such as equity and loan commitment are sufficient to complete the project. Monitor changes by line item in the project budget and contractor payment applications, pursue explanations to budget changes, and determine if changes are acceptable. Evaluate if interest reserve and contingency line items remain adequate. Escalate any out of balance situations to LOB and Credit Risk partners.
• Review and reconcile equity documentation to determine that equity contribution per loan approval has been met.
• Collect and review all Post‑Closing construction‑related documentation.
• Identify documentation required pursuant to loan agreement. If documentation is deemed insufficient, recommend to LOB and/or Borrower alternate solutions to ensure proper evidence is obtained.
• Verify that Construction Loan Administrators (CLA’s) review the appropriate draw documentation. Provide a high‑level secondary review function on draws reviewed by CLA’s.
• Communicate with LOB and Credit Risk partners the progress of construction projects and issues that may need to be addressed, such as budget increases, mechanic’s liens, equity needs, and project delays.
• Approve commercial construction loan disbursements for all types of commercial construction projects originated by all LOBs.
• Prioritize pending work for multiple projects related to the review and approval of commercial real estate construction loan closings and advances. Be a resource and provide guidance to the CLA team members and business partners.
• Coordinate with internal partners on syndicated or participated loans to establish a portal to share draw…