Position Summary: The Assistant Director of Construction to Permanent Lending is responsible for overseeing the origination, underwriting, and management of construction to permanent loans. This position plays a critical role in ensuring the smooth transition of construction projects into permanent financing, managing risk, and maintaining relationships with developers, builders, and investors. The assistant director will also work to drive business development opportunities, ensuring the financial success of projects and meeting organizational goals.

Essential Functions

• Loan Origination and Underwriting:
• Lead the origination of construction to permanent loans, ensuring all necessary due diligence is conducted, including assessing project feasibility, borrower financials, and construction budgets.
• Underwrite construction loans and assess risk to determine the appropriate loan structure, terms, and conditions.
• Develop comprehensive loan proposals and present them to internal credit committees and stakeholders for approval.
• Project Management:
• Manage the progression of construction projects from the initial loan origination through to completion and conversion to permanent financing.
• Monitor construction progress, ensuring timelines, budgets, and compliance with loan terms are met.
• Work closely with project managers, builders, and contractors to address any issues that arise during construction, ensuring projects are completed on time and within budget.
• Client Relationship Management:
• Cultivate and maintain strong relationships with developers, general contractors, architects, and other key stakeholders.
• Provide exceptional customer service, acting as the main point of contact for clients throughout the construction and financing process.
• Address client concerns or inquiries regarding loan terms, project status, and financing options.
• Regular, reliable, and predictable attendance.

Marginal Functions

• Reporting and Compliance:

• Ensure that all necessary documentation is prepared and submitted for compliance purposes.
• Generate and present reports on the status of loan portfolios, project progress, and financial performance to senior management and stakeholders.
• Ensure compliance with applicable regulatory guidelines, company policies, and industry best practices.

• Risk Management:
• Identify potential risks associated with construction projects and work with the underwriting team to develop strategies to mitigate those risks.
• Monitor ongoing project performance, ensuring financial and operational risks are controlled.
• Ensure compliance with internal policies, industry regulations, and government requirements.
• Business Development:
• Identify and pursue new business opportunities in the construction and permanent lending space, contributing to the growth of the company's portfolio.
• Develop and maintain relationships with real estate brokers, developers, and other external partners to expand the company's client base.
• Stay up-to-date with industry trends, regulations, and competitor offerings to position the company as a leader in construction to permanent lending.
• Team Leadership and Collaboration:

• Lead and mentor a team of loan officers, underwriters, and other construction lending staff.
• Collaborate with internal teams, including legal, risk, and operations, to ensure smooth loan processing and closing.
• Foster a collaborative and results-driven work environment.

• Maintain compliance with and adhere to all state and federal regulations and Bank policies and procedures, including, but not limited to Bank Secrecy Act, SAR, CTR, FACT ACT, Community Reinvestment Act, EEO, and fair employment practices.
• All other duties as assigned.

Minimum Educational & Experience Requirements

• High school diploma or equivalent required
• Bachelor's degree in business, finance, real estate, or a related field (Master's degree or relevant certifications preferred).
• 7+ years of experience in commercial real estate lending, with a focus on construction and permanent financing.

Minimum Skill Requirements

• Strong knowledge of construction financing, underwriting, and loan management processes.
• Excellent financial analysis, risk management, and problem-solving skills.
• Proven ability to build and maintain client relationships.
• In-depth understanding of real estate development, construction processes, and project management.
• Exceptional communication, negotiation, and presentation skills.
• Strong leadership and team management experience.
• Ability to work in a fast-paced, deadline-driven environment.

Physical Demands

In terms of an 8-hour workday, "occasional" equals 1% to 33%, "frequent" equals 34% to 66% and "continuous" equals 67% to 100%. However, some duties are performed monthly, annually or sporadically throughout the year and are essential functions. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions of the position, if the accommodation does not impose an undue hardship that would require significant difficulty or expense.

• Continuous stationary position, particularly, but not limited to, at a desktop computer
• Continuous repetitive use of hands/arms; particularly concerning to typing, writing, phone & computer use
• Continuous communication: verbal and written, in-person, phone and electronic

Work Environment

• On-site, with occasional travel required to visit operational sites or meet with clients.