Internship Construction Data Analytics Jobs in Kentucky

Experience Required

2 - 20 years

Minimum Education Required

High School Diploma/G.E.D.

Compensation

$7.25 / hourly

Hours Per Week

40

Number Of Positions

1

Work Schedule and Shift Requirements

First (Day)

Job Description

Description

"Republic Bank believes in the development and advancement of our associates. We offer the opportunity to learn all aspects of the company to prepare for future advancement. Come join our team for a career, not just a job!"

Grade 8

About Republic Bank

Republic Bank's values are built upon making an IMPACT for our clients, our associates and the communities we serve. (IMPACT stands for Innovate for the Future, Make it Easy, Provide Exceptional Service, Acknowledge & Celebrate Success, Commit to Caring and Thrive Together) The associates of Republic Bank are the key to our success as an organization and we value our associates. It's one of the reasons we've been named as one of the Best Places to Work in Kentucky for ten years! For more information about the company, please visit www.republicbank.com.

POSITION PURPOSE AND OBJECTIVES

The Construction Loan Admin Specialist is responsible for monitoring residential and commercial construction projects up to $3MM for the purpose of making draw disbursements.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

MINIMUM QUALIFICATIONS

• Minimum of 2 years' previous Commercial Banking experience required.

• Minimum of 2 years' previous construction administrative experience preferred.

• Demonstrated proficiency in Microsoft Word and Excel required.

ESSENTIAL JOB FUNCTIONS AND RESPONSIBILITIES

• Set up new draw files and determine the appropriate method of monitoring the projects Sources & Uses.

• Conduct pre-construction conferences with borrower, GC, contractors and loan team to discuss disbursement process.

• Review detailed construction cost sheet values for completeness and reasonableness based on the intended/proposed project.

• Upon confirmation plans, specs, and budgets are the most current versions provide approval to the appraisal group to order the "subject to" appraisal.

• Evaluate construction draws including borrower equity injection, change orders, soft costs, lien waivers, invoices, etc.

• Order construction progress inspections and calculate draw amounts based on inspector's site observations.

• Coordinate with title company for date down endorsements as applicable.

• Process construction draws upon approval by Team Lead or Manager.

• Where applicable, ensure projects are monitored in adherence to SBA and state requirements.

• Review and track construction diligence and make recommendations on the appropriate risk mitigations needed.

• Build and maintain relationships with owners, builders, contractors, engineers, architects, and appraisers to ensure project is completed as intended and within the scope of the construction budget.

• Maintain accurate and up-to-date construction budget monitoring draw tracking records.

• Maintain accurate and up-to-date construction data in the Construction Project System.

• Keep detailed account records of any updates/delays to construction progress and alert management as needed.

• In collaboration with the Processing Team ensure files are processed within SLA expectations.

• Review pre-closing loan documentation to ensure documentation accuracy.

• Monitor all insurance renewals to ensure real estate is covered within the bank's minimum coverage limits.

• Process new Builder/Contractor Qualification Statements in accordance with procedures and submit for approval to be added to RB&T's Builder Approval List.

• Make recommendations that enhance departmental procedures.

• Resolve mechanic lien or other title related issues as they arise.

• Facilitate the process of taking a construction loan to the permanent phase.

Maintain a working knowledge of compliance requirements affecting your position and area of responsibilities and actively learn new regulations and assist in the implementation, if required.

M Odel and foster behaviors that support the Bank's values and corporate culture creating an atmosphere of trust, cooperation, accountability, and dedication to the organization.

Willingly perform all other duties and projects as assigned.

INTERPERSONAL SKILLS AND COMPETENCIES REQUIRED

• Self-motivated and also work in a team environment.

• Requires a high energy level and strong sense of urgency.

• Strong analytical, organizational, oral, and written communication skills.

• Good time management skills and the ability to multi-task.

• Detailed oriented with the ability to think proactively and work independently.

PHYSICAL REQUIREMENTS

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this position, the associate is regularly required to sit, use hands to finger, handle, or feel; and talk or hear. The associate frequently is required to stand or walk. The associate is occasionally required to reach with hands and arms. The associate must occasionally lift and/or move 10 pounds. Specific vision abilities required by this position include close vision, and distance vision. The noise level in the work environment is usually moderate.

OTHER REQUIREMENTS

• Travel between Republic Banking facilities may be necessary at times.

• Occasional out-of-town travel is required.

Travel between Republic Banking facilities may be required including occasional out of town travel.

Flexible work schedule may include some evenings, weekends and/or overtime.

Stay abreast of new developments, best practices, and statutory and regulatory changes.

**The above is intended to describe the general content of and requirements for the performance of this position. It is not construed as an exhaustive statement of duties, responsibilities, or requirements.

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights notice from the Department of Labor.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

Job Type

Full time

Benefits Offered

Not specified

Veteran Preference

No

Place of Work

On-site

Requisition ID

CONST004828