South State Bank Hiring for Residential Construction Admin Inspector Job at Charlotte, NC Full Time

SUMMARY/OBJECTIVES

Works together with borrowers, builders, and SSB funding specialists, and SSB Mortgage Loan Officers and their assistants, to ensure that loan proceeds are advanced in an amount commensurate with the progress of construction for each residence. This involves pre-closing discussions among bank, builder and borrower; an inspection of each residence prior to each disbursement; communication with funding specialists to make that disbursement; and similar monitoring of repairs related to insurance work.

ESSENTIAL FUNCTIONS

• Residential Construction Loans
  • Review loan file , contracts, and appraisal
  • Discuss construction process with both Builder and Borrower prior to closing or immediately after
  • Perform site inspections
  • Provide draw amounts to Funding Specialist
  • Maintain constant communication with Borrower and Builder; answering questions as they arise
  • Identify and report potential issues/concerns early and resolve disputes/disagreements with all parties before they escalate
  • Monitor portfolio for loans that have stalled with no activity greater than 60 days or that may exceed the construction timeline
  • Perform special inspections at the request of Borrower or if Builder has not requested a draw within 50-60 days of previous.
  • Place marketing sign at job site

• Insurance Losses
  • Field questions on insurance losses; explain procedure
  • Gather documents and endorse checks for losses less than $15M
  • Review and perform inspections on losses greater than $15M
  • Final inspections on all Fannie Mae sold loan to document for compliance

OTHER DUTIES

• Accepts other duties as assigned.

COMPETENCIES

• Knowledge of residential mortgage lending and residential construction.
• Verbal communication and interpersonal skills are critically important to coordinating the interrelated needs of the builder, the customer/borrower/homeowner, and various bank individuals / departments within the bank.

Qualifications and Education Requirements

• Education: High School Diploma; some college course work or degree preferred
• Experience: 3-5 years’ experience in residential mortgage lending, residential construction, or both.
• Knowledge: Good interpersonal skills, computer skills, and verbal communication skills

TRAINING REQUIREMENTS/CLASSES

While specific training in the above lending / construction fields is not required, any training that accompanied the 3-5 years’ experience will be reviewed.

RECOMMENDED ADDITIONAL TRAINING

Additional training may be recommended or provided by supervisor, depending on candidate’s experience.

Supervisory Responsibility

None.

PHYSICAL DEMANDS/WORK ENVIRONMENT

Must be able to travel to construction sites, walk from public roads to sites with unfinished ingress/egress, and enter houses with unfinished walkways / entryways / stairways.

Occasional inspections will include climbing ladders and inspecting insulation under properties.

Must be able to effectively access and interpret information on computer screens, documents, and reports.

TRAVEL

This position requires daily travel, in a vehicle provided by bank.