Construction Monitoring Jobs (NOW HIRING)

Founded on a legacy of more than 120 years in banking, Bank OZK is much more than just a company. We’re nationally recognized as an industry leader in financial services. That means we combine exceptional service with innovative technologies to deliver smart solutions to our clients across the country. We’re investing in small businesses, fueling economies in local communities and changing skylines in the largest cities across America. Here, we're not simply filling roles. We're fostering even greater careers.

The foundation for a great career starts with an exceptional team and a comprehensive benefits package. We believe in providing our dedicated team members with the best resources to support their physical, mental and financial wellbeing, including generous PTO, 401(k) matching, health, dental, vision (and pet!) insurance as well as special perks and discounts. Learn more about Bank OZK benefits.

Provides support for basic or low-complexity commercial construction loans and acts as a point of contact for the borrower or their staff. Explains compliance or construction related issues to the management team to ensure conformity with bank policies and procedures. 

1. Supports the lending staff in the early stages of underwriting and reviews construction due diligence.
2. Assembles the proper information prior to the closing of construction loans.
3. Reviews construction documentation for completeness and accuracy.
4. Develops a direct relationship with the borrower or their staff as a primary point of contact.
5. Orders and reviews third party inspections.
6. Reviews and manages draw process including budget cost overruns and project schedule delays, and the approval and disbursement of draw requests.
7. Identifies and contributes to the resolution of construction issues that arise during the construction process. Escalates issues as necessary.
8. Handles other construction monitoring related duties as needed.

1. General knowledge of construction lending procedures and standards.
2. Basic knowledge of bank regulations related to Office of Foreign Asset Control, the Bank Secrecy Act, the Anti-Money Laundering Act, and the USA Patriot Act.
3. Ability to identify challenges and collaborate with senior staff on a corrective plan of action.
4. Ability to exercise discretion and sound judgment in decision making.
5. Ability to communicate effectively both verbally and in writing with internal and external clients.
6. Ability to work under close supervision.
7. Ability to work effectively and professionally with staff and management at all levels of the organization.
8. Ability to work effectively independently and as part of a team.
9. Ability to manage multiple priorities and demonstrate flexibility in an environment with continuous change and exacting deadlines.
10. Ability to demonstrate effective customer service, organizational, and time management skills.
11. Ability to maintain confidentiality.
12. Ability to maintain attention to detail.
13. Ability to work extended hours including evenings and weekends, as necessary.
14. Skill in using computer and Microsoft Office, including Outlook, and strong Excel experience.

1. High school diploma required; Bachelor’s degree in accounting, finance, mathematics, statistics, or related field preferred.
2. 1+ year commercial construction monitoring or related work experience required.
3. Experience with AIA documents and other construction related documentation, preferred.

Operate customary equipment and technology used in a business environment, with or without accommodation.

Note: This description is not an exhaustive list of all job functions, duties, skills, and job standards required.  Other job functions, duties, skills, and standards may be added.  Management reserves the right to add or change the job requirements at any time.

#LI-FO1

#HP

Bank OZK is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by federal, state, and local law. Member FDIC.

1. High school diploma required; Bachelor’s degree in accounting, finance, mathematics, statistics, or related field preferred.
2. 1+ year commercial construction monitoring or related work experience required.
3. Experience with AIA documents and other construction related documentation, preferred.