Vaco Technology
Construction Servicing Manager Onsite in Santa Rosa, CA Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to the individual's skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure:
$90K - $100K .
The individual may also be eligible for discretionary bonuses.
About the role:
Performs various tasks specifically related to the servicing of all loan types as detailed below.
All duties are performed in accordance with establishment guidelines and policies.
Ensures compliance with all Bank policies and procedures, as well as all applicable state and federal banking regulations.
Responsibilities:
Provide coaching, development, and performance management to include the following dutiesAll aspects of Construction loan servicing, Customer service for clients, inspectors, project managers, and Loan Administration staffConstruction inspections with third party inspectorTracking and monitoring all Preliminary lien notices and lien waivers (Conditional and Unconditional)Obtaining appropriate endorsements from Title CompaniesPosting monthly interest reserve transactions to client spreadsheetsPreparing and distributing various Loan Status Reports to senior managementMonitoring change orders and line items transfers for potential cost over-runs and delays.
Processing draw requests and ensuring compliance with policies and proceduresWork with SBA Construction Management team to support respective projectsEvaluate at least annually the Third-Party Construction Management vendorsSupport Executive Management with projects and tasks as requestedOversee the appraisal processEnsure that service levels are being achievedOther duties as assignedSupervisory ResponsibilitiesSupervises Construction Loan Servicing Officer(s), Construction Loan Specialist, and Appraisal Coordinator.
Minimum Requirements:
Bachelor's degree in Business or Finance preferred or the equivalent work experienceMinimum 5 years banking experience, preferably in a Loan Operations/Servicing functionMinimum 3 to 5 years construction experience or related fieldWell versed in economic factors affecting real estate demand by users and investors Familiar with real estate industry concepts and marketsProficient in the following software applications:
MS Word, Excel, Outlook.
Excellent written and verbal communicationAbout the Company:
Vaco Technology.
Estimated Salary: $20 to $28 per hour based on qualifications.
With that said, as required by local law, Vaco believes that the following salary range reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure:
$90K - $100K .
The individual may also be eligible for discretionary bonuses.
About the role:
Performs various tasks specifically related to the servicing of all loan types as detailed below.
All duties are performed in accordance with establishment guidelines and policies.
Ensures compliance with all Bank policies and procedures, as well as all applicable state and federal banking regulations.
Responsibilities:
Provide coaching, development, and performance management to include the following dutiesAll aspects of Construction loan servicing, Customer service for clients, inspectors, project managers, and Loan Administration staffConstruction inspections with third party inspectorTracking and monitoring all Preliminary lien notices and lien waivers (Conditional and Unconditional)Obtaining appropriate endorsements from Title CompaniesPosting monthly interest reserve transactions to client spreadsheetsPreparing and distributing various Loan Status Reports to senior managementMonitoring change orders and line items transfers for potential cost over-runs and delays.
Processing draw requests and ensuring compliance with policies and proceduresWork with SBA Construction Management team to support respective projectsEvaluate at least annually the Third-Party Construction Management vendorsSupport Executive Management with projects and tasks as requestedOversee the appraisal processEnsure that service levels are being achievedOther duties as assignedSupervisory ResponsibilitiesSupervises Construction Loan Servicing Officer(s), Construction Loan Specialist, and Appraisal Coordinator.
Minimum Requirements:
Bachelor's degree in Business or Finance preferred or the equivalent work experienceMinimum 5 years banking experience, preferably in a Loan Operations/Servicing functionMinimum 3 to 5 years construction experience or related fieldWell versed in economic factors affecting real estate demand by users and investors Familiar with real estate industry concepts and marketsProficient in the following software applications:
MS Word, Excel, Outlook.
Excellent written and verbal communicationAbout the Company:
Vaco Technology.
Estimated Salary: $20 to $28 per hour based on qualifications.
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