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Construction Loan Analyst (BK372419)

Overview

job salary$65,000 - $75,000/year
job locationNew York -- Manhattan
job typePermanent

My client is a well-capitalized and growing community bank with a robust commercial lending portfolio and is seeking to strategically expand its construction lending operations. 

The Construction Loan Analyst will support the Commercial Real Estate team with the management and oversight of construction loan portfolios. This role is critical to ensuring construction loan projects remain compliant with internal policies and regulatory requirements. 

Responsibilities

  • Perform detailed reviews of construction budgets, project timelines, and draw schedules.
  • Analyze borrower financials and construction loan packages to assess risk.
  • Monitor construction progress through coordination with third-party inspectors, title companies, and borrowers.
  • Maintain loan files, tracking key milestones, disbursements, and covenant compliance.
  • Assist in preparing and presenting reports for internal credit and loan committees. 
  • Stay current with regulatory guidelines. 

Requirements

  • Bachelor's degree in Finance, Accounting, Real Estate, or a related field.
  • 2+ years of experience in commercial real estate or construction loan administration.
  • Familiarity with construction lending documentation, draw processes, and project budgeting.
  • Proficiency in Microsoft Excel and loan servicing platforms.
  • Bilingual (Spanish/English) is a plus.

 

Ascendo is a certified minority owned staffing firm, and we welcome and celebrate diversity. Ascendo is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, parental status, military service or any other characteristic protected by federal, state or local law.


Contact information

Brian Keane