Builders Capital is looking for a Credit Administrator to join our fast-growing company!
Builders Capital is the nation’s largest private construction lender, offering innovative financing solutions to a wide spectrum of developers and homebuilders. Loan products include options for Acquisition, Development, Construction, and Bridge financing, in the form of single-asset loans, portfolio loans, and revolving credit facilities. In addition to financing opportunities, Builders Capital borrowers can leverage national accounts for material purchase discounts, and access cutting-edge technology for project management, accounting, and BIM technology tools. Builders Capital is headquartered in Puyallup, Washington, with regional sales offices across the country. The management team at Builders Capital brings over 100 years of expertise in residential construction lending, home building, real estate development, and loan servicing.
Duties & Responsibilities:
- Day to day duties include managing the Loan Review Committee “LRC” by setting meeting agendas, conducting pre-flights, participating in live voting actions, documenting LRC conditions, and maintaining meeting minutes.
- Hold monthly reviews for loan guidelines and underwriting policies and are responsible for tracking trends.
- Document and publish meeting notes to the company intranet, create tools for trend analysis, and conduct monthly reviews for loan guidelines and underwriting policies.
- Manage loan guidelines and underwriting policies, communicate changes, compliance monitoring, and training and deployment related to loan guidelines and underwriting policies.
- Act as the gatekeeper for LRC by reviewing requests and exceptions for deals, ensuring resolution, and engaging with Credit Officers and Underwriting Managers to resolve issues as needed.
- Act as a cross-functional point of contact before and during LRC to facilitate new approvals and evaluate reworks for already approved deals.
- Identify and communicate aging deals and conditions in the pipeline.
- Field initial requests for review requests and exceptions for deals from Treasury & Servicing to either resolve based on original LRC approval and conditions or re-direct to Credit Officers & Underwriting Managers to resolve.
- Act as cross functional point of contact for Managers of Underwriting/Credit, Servicing, and Treasury teams for guidance and input on process implementation and system enhancements.
- Other duties as assigned.
Qualifications:
- Bachelor’s degree in Finance, Business, Real Estate, or a related field.
- 5+ years of experience in commercial underwriting with an emphasis in Construction, with a demonstrated progression of responsibilities.
- In-depth knowledge of commercial lending practices, financial analysis, and risk assessment.
- Strong written and oral communication skills.
- Ability to consistently produce high-quality work products and demonstrate high attention to detail.
- Ability to work independently and as part of a cross-functional team.
- Applicable experience necessary to understand not only the legal issues but also the business considerations relevant to our industry.
- Process-oriented with the ability and desire to identify, develop, and implement efficiencies and improvements.
This job posting highlights the most critical responsibilities and requirements of the job; however, there may be additional duties, responsibilities, and qualifications for this job.
Construction Loan Services II LLC (Builders Capital) and its affiliates are Equal Employment Opportunity (EEO) employers and welcome all qualified applicants. This is a full-time exempt position. The job description contained herein is not intended to be a comprehensive list of the duties and responsibilities of the position, which may change without notice.
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