Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

Construction Loan Manager Job Description

Job Descriptions November 28, 2013

Within a bank, even a small bank, some loan officers will have specific areas of focus, depending on their specialties and what relationships have been cultivated in the community. Construction loans are one of those areas where there may be a single individual, or several individuals who process only these kinds of loans. The role of the construction loan manager is to oversee construction loan officers, be the final word on loan applications, and ensure that policies and regulations are being strictly followed when it comes to the granting of loans.

Constructions loan managers must set monthly or quarterly goals for their officers, and then implement plans to achieve those goals. These plans may include marketing and community outreach programs, as well as networking with local businesses and community leaders to coordinate construction efforts. One of the main tasks of a manager is finding and following up with new leads in the community. Construction loans may be requested by individuals, or by organizations. It is the role of the manager to officiate in all loan applications, determining which will be profitable for the bank and which are not feasible.

Construction loan managers may often have to play the role of mediator within in his own team of construction loan officers. Any team of dynamic, ambitious individuals is bound to see interpersonal disputes, and it is the manager’s job to ensure that these disputes do not harm the atmosphere of the office.

Managers may also have to report to other divisions of the bank, helping to compile not only data on their own divisions, but also reports which encompass the entire bank’s loan granting and auditing parties. Managers may have to coordinate with compliance offers to ensure all regulations and bank procedures are being followed.

Most banks and financial institutions require a bachelor’s degree, either in business, management, or finance. Some familiarity with the field of construction is a plus, as it will help managers determine which proposals will be beneficial for both the banks and the individual requesting the loan. Managerial experience is a must, and the ability to think critically and analyze a large amount of data is a plus.

Sponsored

Showing schools in your area

5 Program(s) Found
  • Why Earn Your Degree from GCU?
  • Options: Choose from a variety of undergraduate and graduate degree programs in Business, Nursing, Psychology, Education & more!
  • Convenience: Complete courses online, on campus, or a combination of both!
  • Earlier Graduation: Our 4-credit courses allow you to complete your degree program in less time.
  • Transfer Friendly: We will request your transcripts, evaluate your graduate coursework, and determine your anticipated graduation date within 24 hours.
  • Quality: Grand Canyon University was founded in 1949 and is regionally accredited. Learn more today!
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
Sponsored

Showing schools in your area

5 Program(s) Found
  • Do you have entrepreneurial visions to advance your career in the business world? Learn about the options available at GCU.
  • Earn a competitive bachelor's or master's degree in the areas of business administration, business analytics, accounting, marketing and more.
  • Many of our business degrees have attained elite accreditation from the Accreditation Council for Business Schools & Programs (ACBSP).
  • GCU nurtures the startup spirit, propelling your entrepreneurial visions on a powerful platform with opportunities to help you thrive.
  • Pursue a next-generation education with an online program or join Grand Canyon University's vibrant and growing campus community in beautiful Phoenix, Arizona.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits

Login to your account

Can't remember your Password ?

Register for this site!