Jericho, NY, USA
14 hours ago
Senior Associate, Construction Loan Servicing

If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer.  

Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

This position is responsible for providing dedicated Construction Loan Servicing to the Construction Loan portfolio. Working within a team that will be concentrated on a shared portfolio with tasks being assigned by the supervisor of the area. They also work closely with outside vendors for inspections, and frequent borrower contact. The colleague will make disbursements, prepare communications to borrowers and request inspections, title reports and additional items needed to assist in the borrower’s completion of the construction project.

Key Responsibilities

Ability to deliver high quality professional service to internal and external customers, understanding all aspect of construction loan processing, ensuring requests are processed accurately within established policies and departmental procedures.

· Review loan files for required documentation and familiarity of project.

· Reviews completed inspections, calculates, and ensures that loan meets criteria and policies for disbursement.

· Contacts customers on a regular basis for follow up and answer questions.

· Maintains awareness of the construction project throughout the construction period and works with borrower and management to ensure project will meet designated timeframes outlined in the borrower’s documents.

Position Requirements:

· Strong analytical skills, detail oriented

· Ability to effectively multitask in a fast-paced environment

· Time management and strong interpersonal skills

· Ability to challenge the status quo and open to change

· Effective problem-solving skills as well as oral and written communication skills

· Self-Starter with ability to work well independently as well as with a Team

· Ability to set priorities, develop a work schedule, monitor progress toward goals and track activities.

· Working knowledge of Microsoft Office product suite

· Working Knowledge of MSP is preferred

Education: College is preferred and/or least 5 years in Loan Servicing, prior experience with Construction lending preferred.

The estimated salary range for this position is $25.00 USD per hour to $30.00 USD per hour. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.

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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

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