Commercial Construction Administrator

GESA CREDIT UNION • Richland, WA • 1d ago

Take a leap and join our team!

At Gesa, we believe in the power of our people. Coming from all walks of life, our team members' individual stories and unique experiences are our most valuable asset. But it's how we come together, igniting our collective compassion and commitment to empowering our communities, that makes us succeed. Because we know we go further when we go together.

Here you can join a team who is passionate about serving others, has a desire to do good, and shares a deep love of people. You can engage in meaningful work that impacts your community. You can challenge yourself and grow in your career. And, you can rest assured that your wellbeing and prosperity are our priority.

Get to know us: About - Gesa Credit Union{rel="noreferrer noopener"}

Role Summary:

The Commercial Construction Administrator's primary responsibility is to administer the commercial construction draw process for Gesa Credit Union. Additionally, this individual will engage with third-party inspectors to review construction progress reports and provide sound recommendations for the approval of commercial draws. They will also manage and be the primary point of contact for other third-party engagements including appraisal, appraisal reviews, and environmental consultants. This position will demonstrate a strong understanding of Gesa Credit Union policies and guidelines focused on commercial construction to provide informed recommendations for the long-term safety and soundness of the commercial portfolio.

What You Will Be Doing:

Facilitate the commercial construction draw process through the review of applications for draws, appraisals, budgets and third-party construction budget reviews for new construction and development loans.

Ensure member's equity requirements are met for each project through evidence of construction costs or equity contributions.

Monitor the accuracy of budget entries and reconcile invoices, balancing of all construction projects within the Credit Union's construction management software.

Ensure compliance with all Credit Union guidelines and approval requirements for commercial construction draw requests including but not limited to invoices, required signatures, lien waivers or other documentation as required.

Engage third-party vendors as required to obtain construction budget reviews, inspections, title date downs or other documentation/resources as necessary.

Conduct thorough review of documents, inspections, and reports to identify potential issues or challenges.

Provide ongoing construction oversight throughout the project lifecycle, including monitoring budget-to-actual performance, reviewing, and evaluating change order requests, and identifying and reporting any inconsistencies, cost overruns, or significant schedule delays.

Maintain accurate documentation of all construction disbursements and inspection reports to mitigate lending risk.

Request, track, and evaluate quarterly construction progress reports for each project to identify emerging issues or

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