Commercial Construction Loan Coordinator

Please reference the schedule and minimum qualifications listed below before applying.

If you need assistance with filling out our application form or during any phase of the application, interview, or employment process, please notify our Human Resources Team at 801-366-6947 option 1 or email macurecruiting@macu.com and every reasonable effort will be made to accommodate your needs in a timely manner.

Job Summary

Assists Construction Loan Manager with processing and funding new loan requests and servicing the loans during the construction phase.

Job Description

SCHEDULE

Full-Time

LOCATION

Hybrid work schedule; majority in-office with some remote availability

Mountain America Center

9800 S Monroe St

Sandy, Utah

To be effective, an individual must be able to perform each essential duty successfully.

• Requests, follows up and verifies financial and project information to determine compliance with loan guidelines, including but not limited to inspections, title commitments, appraisals, cost breakdown, draw requests, environmental reports, geotech reports, contracts, etc.
• Boards Commercial Construction Loans to Loan Origination System
• Disburses checks accurately on draw requests
• Balances cost breakdown line items for each draw request, using excel spreadsheets.
• Prepares and sends monthly interest statements
• Processes checks received
• Communicates effectively with all parties involved in a construction loan transaction, including owners, borrowers, attorneys, title officers, insurance agents, contractors, inspectors, etc.
• Coordinates loan and draw processing with CRE and SBA Business Development Officers, Underwriters and Servicing.
• Performs personal inspections of construction project sites.
• Updates procedure manuals as needed
• Keeps the Construction Loan Manager informed on the status of files on a regular basis.
• Performs other duties as assigned.

KNOWLEDGE, SKILLS and ABILITIES

The requirements listed are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.

Experience

One to two years of similar or related experience.

Education

• Equivalent to a two-year college degree or equivalent experience
• ~

Licenses, Certificates, Registrations

None Required

Managerial Responsibility

Has no supervisory/ managerial responsibilities

Language Skills

Must have the ability to read, understand and carry out instructions in written and oral form.

Other Skills and Abilities

Training experience and excellent communication skills required. Must be adept at problem-solving and interact well with people. Processing and/or underwriting experience in commercial or residential construction lending a plus.

PHYSICAL ABILITIES AND WORKING CONDITIONS

Physical Demands

Requires Frequent Standing, Walking, Sitting, using hands to handle or feel, Reaching with hands and arms, Talks and Hears. Occasionally climbs, kneels or crawls. Driving on company business.

Vision Requirements

Requires Close, Distance, color, Peripheral and Depth perception vision as well as the ability to focus.

Weight Lifted or Force Exerted

Frequently lifts up to 10 lbs, occasionally lifts up to 25 pounds and rarely lifts up to 100 pounds.

Environmental

Office Type conditions, indoors. Occasional outdoor assignments.

Noise Environment

• Moderate Noise such as in a business office with equipment and light traffic.
• ***This Job is not eligible to be performed in Colorado or Connecticut, either remotely or in-person.***
• Mountain America Credit Union is an EEO/AA/ADA/Veterans employer.