Sr. Construction Loan Specialist

Valley National Bancorp
  • Morristown, NJ
    3 days ago

    Job Description

    Responsibilities include but are not limited to:

    • Lead complex loan setups and budget reviews in Built.
    • Oversee and troubleshoot inspection and draw processes.
    • Analyze and resolve discrepancies in budgets, reports, and documentation.
    • Mentor and support junior team members.
    • Drive adoption and optimization of Built across stakeholders.
    • Collaborate cross-functionally to enhance loan administration practices.
    • Required Skills:

    Proficiency in Microsoft Office (Word, Excel, Outlook, PowerPoint).

    Demonstrated problem-solving skills.

    High attention to detail and ability to manage complex projects.

    Ability to review and analyze complex budgets, financial documents, and inspection reports. Exercise sound judgement, and excellent independent decision-making skills.

    Excellent verbal and written communication.

    Strong organizational and time-management skills to handle multiple projects.

    High level of accuracy in reviewing documents and managing financial transactions.

    Ability to identify and resolve discrepancies or issues promptly to maintain the integrity of the loan process.

    Required Experience:

    High School Diploma or GED equivalent and a minimum of 5 years experience in construction lending and all aspects of loans and lending.

    Preferred Experience:

    Bachelor''s Degree and experience working with builders.

    At Valley Bank, we believe in people''s growth potential. We invest in it. We protect it. We focus it. For nearly 100 years, we''ve been the Bank that clients from every industry turn to for our expertise, strategies, and advice--building the kind of trust that can fuel every goal. We are the leading relationship bank built for growth--with over $60 billion in assets, 3,800 experts, and more than 200 consumer branches and commercial banking offices in communities across the US.

    At Valley, we''re all driven by an ambition that goes deeper than just having a job. That''s why when you work for us, we make it our goal to help you focus on what drives you--working to turn your passions and strengths into assets you can use to propel your ambitions and build the professional legacy you want. Because when we say we''re a relationship bank built for growth, that''s not just reserved for our clients--that includes all our associates as well.

    The Senior Construction Loan Specialist will have a deep understanding of the monitoring of construction loans. This role will independently handle complex budgets and tasks, mentor junior team members, and contribute to process improvements.

    We provide a comprehensive and competitive total rewards package including base salary determined by factors such as the role, relevant experience, skill set, and geographical location. Eligible positions may also be eligible to receive commission-based compensation and/or discretionary incentive compensation, which may be awarded as cash or forfeitable equity, recognizing individual performance and contributions.

    In addition to financial compensation, we offer a robust suite of benefits tailored to meet diverse employee needs based on eligibility criteria. These include comprehensive health care and insurance plans, retirement savings options, tuition and adoption reimbursement programs, paid time off, mental health support, and other valuable benefits programs. Further details regarding total compensation and benefits will be shared during the hiring process.

    In order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to "Pay Transparency Law"; in the impacted states; that have mandated the employers to list the salary ranges in Job advertisements or postings for job opportunities and Job promotions.

    Numbers & Facts

    LocationMorristown, NJ

    Skills

    • Analysis Skillsunmatched
    • Budget Reportingunmatched
    • Budgetingunmatched
    • Commercial Bankingunmatched
    • Compensation and Benefitsunmatched
    • Constructionunmatched
    • Cross-Functionalunmatched
    • Detail Orientedunmatched
    • Documentationunmatched
    • Documentation Reviewunmatched
    • Financial Managementunmatched
    • Financial Transactionsunmatched
    • High School Diplomaunmatched
    • Identify Issuesunmatched
    • Legalunmatched
    • Loan Policyunmatched
    • Loansunmatched
    • Mentoringunmatched
    • Microsoft Excelunmatched
    • Microsoft Officeunmatched
    • Microsoft Outlookunmatched
    • Microsoft PowerPointunmatched
    • Microsoft Wordunmatched
    • Multitaskingunmatched
    • Organizational Skillsunmatched
    • Presentation/Verbal Skillsunmatched
    • Problem Solving Skillsunmatched
    • Process Improvementunmatched
    • Project/Program Managementunmatched
    • Time Managementunmatched
    • Transaction Processing/Managementunmatched
    • Writing Skillsunmatched

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