Manager, Construction Lending Operations

This role is responsible for overseeing all aspects of the credit union's construction lending operations, including residential and commercial construction projects. The position manages the construction administration team, ensures effective risk management, oversees draw processes, and ensures compliance with internal policies and regulatory requirements. Additionally, it contributes to strategic efforts that promote sustainable portfolio growth and construction lending excellence.

Essential FunctionsConstruction Lending Lifecycle Oversite:Lead the full lifecycle of construction loan administration including project setup, draw management, inspections, and project completion.Ensure construction draws are processed accurately and timely in accordance with loan agreements and credit approval.Monitor construction projects for budget adherence, lien risk, and timeline compliance.Develop, implement, and monitor procedures and risk management frameworks specific to construction and development lending.Review and analyze complex construction loan packages, project budgets, cost overruns, delays, contractor issues, and collateral protection.Collaborate with lending officers to structure construction credit solutions that balance risk and growth objectives.Oversee credit risk reporting and portfolio quality monitoring to identify emerging risks within the construction loan portfolio.Ensure compliance with regulatory requirements, internal controls, and best practices for construction lending.Provide guidance and training to lending teams on construction credit standards and risk assessment.Participate in strategic planning to align construction credit risk management with organizational goals.Staff Development:Continual evaluation of skills needs based on defined workloads and throughput.Mentor and coach staff.Maintain ongoing methods of processing work and team scorecards for success.Development of leadership skills.Setting goals and objectives for staff.Bank Secrecy Act:Remains cognizant of and adheres to Wings policies and procedures, and regulations pertaining to the Bank Secrecy Act.