Vice President Construction Loan Administration and Investor Purchases

1 month ago


Jacksonville, United States Triad Financial Services, Inc. Full time
Job DescriptionJob Description

As a part of our team, you'll enjoy:

  • Paid PTO plan
  • 401k w/ corporate matching
  • Health/Dental/Vision benefits that start day 1
  • Tuition Reimbursement
  • Spot Bonus programs, Employee Engagement platform & more
  • Base salary range between $130K to $140K, based on experience, skills match

Essential Functions of this position:

  • Manage a team of Construction Loan Administrators. Proactively identify, rectify, and track recurring construction issues
  • Communicate expectations to Dealers / Retailers regarding the construction phase
  • Implement controls to mitigate loss exposure from exceeding construction time frame
  • Assist in coordination and progress meetings to accurately forecast monthly numbers and provide estimated completion period to the CFO for financial planning
  • Use trend data to provide recommended solutions to improve processes and/or mitigate risk
  • Ensure department procedures, job aids and resources related to the Construction department are kept up to date and available to Land Home business unit
  • Responsible for administration and back up support for construction draws, inspections, fundings, etc.
  • Ensure construction draws and associated invoices are fully reconciled at the end of the completion period
  • Communicate effectively with team members, business partners and borrowers. You will partner with Originations management to ensure sellable loans are delivered in a timely manner
  • Work with Regional Sales Managers to rectify issues with Dealers / Retailers
  • Ensure modification documents are accurately and timely completed after the construction phase
  • Partner with the Loan Boarding Director for the conversion to permanent loan process
  • Review and approve disbursement trackers
  • Determine interest only calculator to determine interested owed on delinquent accounts
  • Use trend data to provide recommended solutions to improve processes and shorten time from Originating loan by Triad the end of the construction phase.
  • Communicate heavily with team members and business partners
  • Develop reporting and methodology to track construction Service Level Agreements and process to remediate deliveries that fall out of established SLA

Qualifications we would like to see from you:

Required:

  • Minimum 5 years’ experience in Management of new construction projects
  • Familiar with Construction terminology and documentation (placement surveys, final inspections, lien waivers, draw requests, insurance policies)
  • Ability to foster and promote a positive work environment
  • Ability to work as part of a team
  • Ability to deal with time constraints and strong attention to detail
  • Proficiency in Microsoft Office suite of products and ability to quickly gain proficiency in the company’s proprietary mortgage software products
  • Excellent leadership, communication, analytical and interpersonal skills
  • Ability to manage external relationships.

Preferred:

  • Bachelor’s degree in Business, Engineering or related field


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