SBA Construction Advisor

This is a fully remote position, open to applicants in North Carolina.

📋 Description

• Deliver exceptional service to clients and prospects both in-person and via telephone; address inquiries and resolve client concerns.

• Supervise the review and approval process for general contractors nominated for client projects.

• Engage third-party monitoring firms for conducting project feasibility studies, cost analysis, and related services.

• Evaluate GC Review and Project Reports, providing updated construction information to all relevant parties.

• Gather, assess, and distribute construction documents, such as contracts, budgets, plans/specifications, permits, SBA Form 601, and Builders Risk documentation.

• Maintain ongoing communication between the client, general contractor, and third-party monitoring firm from initial contact through to final funding.

• Act as the project liaison throughout the construction process.

• Review invoices, including interest payments, for accuracy.

• Examine documentation and approvals related to budget-impacting changes.

• Prepare draw request forms.

• Collaborate with the FA team to obtain, assess, and authorize construction and multi-disbursement funding.

• Order title date downs and site inspections as needed.

• Oversee amendments to Promissory Notes when extensions are necessary.

• Acquire Credit Memos that reflect changes in the use of proceeds or extensions of interest periods.

• Provide necessary documentation to the PNFP Accounting Department.

• After final funding, gather Certificates of Occupancy and lien waivers, ensuring appropriate insurance coverage is in place.

• Engage appraisers for “as-complete” statements when needed.

• Investigate loan issues, resolve complex problems, and escalate issues to the Director of SBA Lending as necessary.

• Meet clients' business and personal financial needs, referring them to Trust, Investments, Insurance, Treasury Management, and other specialty areas.

• Adhere to relevant policies, procedures, laws, regulations, and risk limits; report any known or suspected violations.

• Assist team members to guarantee outstanding service.

• Perform other related duties as required.

⛳️ Requirements

• A bachelor's degree is preferred, ideally in finance or a business-related field, or equivalent work experience.

• A minimum of 10 years' experience in financial services, including at least 5 years in SBA Commercial Construction or other relevant areas.

• Familiarity with AIA and other essential construction documentation as well as general loan requirements.

• Understanding of compliance guidelines, including federal and state regulations.

• Proficient in Microsoft Office (Word, Excel, and PowerPoint) or similar software.

• Knowledge of federal and state banking regulations and compliance requirements concerning deposit and loan transaction processing, including internal audit standards.

• Exceptional organizational and interpersonal skills, encompassing verbal and written communication abilities.

• Strong analytical and problem-solving skills, particularly related to complex commercial construction draws, budgets, and pay requests.

• Capability to identify when to resolve issues independently and when to elevate concerns appropriately.

• Ability to work both independently and collaboratively, effectively prioritizing daily tasks.

• Capability to thrive in a fast-paced environment and under pressure, maintaining a high degree of accuracy.

• Outstanding client service skills.

• Tact and diplomacy when interacting with clients and team members.

• Ability to perform specified physical activities, including prolonged standing and sitting, manual dexterity, verbal communication, visual acuity, repetitive motion, hearing, bending, climbing, balancing, stooping, kneeling, crouching, reaching, walking, pushing, pulling, lifting, and grasping.

• Ability to maintain extended periods of mental concentration.

🏝️ Benefits

• Equal Opportunity Employer dedicated to creating an inclusive work environment.