Residential Construction Lending Officer $5,000 Signing Bonus
115 1300 South, Salt Lake City, Utah
Full-time
Posted on January 09, 2024
Contract overview
This is a placement contract between you and the employer. If the employer hires a candidate you submit, you'll be paid the contract amount.
The payments begin when the candidate starts and are disbursed over time. The contract terms are:
Market price: $3,100 USDEst.
Payment schedule: Paid monthly over 5 months
Job Posting for Residential Construction Lending Officer $5,000 Signing Bonus at First Utah Bank
The Residential Construction Lending Officer will support the Dept. Manager by assisting with all efforts to maintain the construction loan portfolio within established policies and regulations.
Responsibilities:
- Assists with financial analysis and credit underwriting for all construction loans
- Interacts with various builders and contractors under the supervision of the Dept. Manager
- Solicits customers for deposits as part of banking relationship
- Manages current customer relationships and brings in new business through multiple marketing efforts
- Reviews construction loans procedures on a routine basis; recommends any necessary updates or revisions
- Oversees construction lending process, ensuring that loan packages are properly filed with appropriate signatures, disclosures, credit authority, and supporting documentation
- Reviews loan packages that include long-term credit provisions to ensure that adequate safeguards are included
- Reviews and approves necessary lending documentation including settlement sheets, vouchers, and general ledger entries
- Presents industry information and updates on the construction portfolio to the Board of Directors, in Loan Committee, and in Portfolio Quality Committee
- Approves expenses associated with processing loans such as appraisals, property searches, recordings, and title insurance costs
- Performs other related duties as assigned
Salary.com Estimation for Residential Construction Lending Officer $5,000 Signing Bonus in Sandy, UT: $138,288 to $185,162
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