Construction Administration Specialist - Miramar, FL
1 day ago
Job description
This is a banking position
The
Hybrid Construction Administration Specialist
is responsible for the post-closing administration of commercial and residential construction loans. The ideal candidate will set up construction loan budgets post-closing and process commercial and residential construction loan draw requests and repayments while ensuring all documentation requirements are met in a compliant manner.
This role requires a detail-oriented professional who can manage multiple construction projects simultaneously, maintain accurate records, support regulatory compliance, and deliver optimum customer service to both internal and external stakeholders.
Job Responsibilities
- Set up construction loan budgets post-closing in the core and/or construction administration system.
- Review and process commercial and residential construction draw requests in accordance with loan agreements and internal policies.
- Process loan repayments and interest reserve advances accurately and timely.
- Ensure all draw documentation and loan requirements are complete and compliant prior to disbursement.
- Reconcile construction budgets to loan system balances and maintain accurate commitment tracking.
- Monitor construction and flood insurance coverage, including compliance with NFIP guidelines.
- Maintain organized electronic loan files and documentation.
- Coordinate with borrowers, lenders, inspectors, title companies, attorneys, and operations teams.
- Assist with reporting, audits, and special projects as needed.
Qualifications
- College degree in Finance, Accounting, Banking, or related field required.
- Minimum 5–7 years of experience in construction loan documentation and administration.
- Strong knowledge of construction-related loan processing, lien laws, contractor-related issues, insurance (including flood insurance), and NFIP guidelines.
- Proficiency in the full Microsoft Office Suite required, including strong Excel skills.
- Excellent organizational, analytical, and customer service skills.
- Ability to manage deadlines while maintaining strict accuracy and compliance standards.
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