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Shore United Bank · 3 weeks ago

Construction Loan Project Administrator

Waldorf, Maryland

Full-time

Onsite

Entry Level

$28/hr - $36/hr

1+ years exp

Shore United Bank is seeking a full-time Construction Loan Project Administrator to join their Mortgage Division team. The role involves managing construction projects from credit approval through completion, ensuring compliance and enhancing client experience while collaborating across teams.

BankingFinancial ServicesLending

Work & Life Balance

Responsibilities

Manage a portfolio of Mortgage Division construction projects from credit approval through completion and end-of-construction maintenance

Collaborate with Loan Officers, builders, borrowers, inspectors to ensure 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 to 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 streamlined project management, as well as audit trail

Provide clear-to-close (CTC) authorization, confirming all construction requirements, or provide CTC with documented, approved exceptions and 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

Provide backup and support to team members and across departments

Collaborate to ensure service continuity and knowledge sharing

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

Define deliverables and timelines for non-caseload projects with leadership

Provide regular updates on status, risks, and outcomes

Maintain organized records for all initiatives

Coordinates specific work tasks with other personnel within the department, as well as with other departments in order to ensure the smooth and efficient flow of information

Cooperates with, participates in, and supports 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

Qualification

Construction administrationProject managementMortgage operationsProcess improvementEffective communicationOrganizational skillsCollaboration

Required

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

Benefits

Comprehensive benefits package for full-time employees including health, dental, vision, company-paid life insurance, mental health well-being, short-term and long-term disability, and much more!

Paid parental leave

401k savings plan with up to a 4% company match

Employee Stock Purchase Plan

Employee perks such as: employee banking services, loan discount program, education assistance, career development program, Employee Assistance Program, and wellness initiatives.

Opportunity for growth and advancement

Paid training program and continuous training sessions throughout the year on various topics

Generous paid time off and paid sick time

Community involvement opportunities