Construction Loan Administration Specialist

Job Summary

Managing all aspects of multi-disbursement SBA loans, the full-time remote Construction Loan Administration Specialist will ensure compliance with SBA requirements, oversee construction monitoring and disbursement activities, and safeguard bank collateral while facilitating timely borrower funding.

Key responsibilities

• Review construction loan documents, budgets, and timelines to ensure compliance with credit approval and SBA terms
• Establish and maintain construction draw schedules, processing multiple disbursements in accordance with SBA SOP
• Monitor construction progress and coordinate third-party inspections, ensuring accurate documentation for each disbursement

Required qualifications

• Associate Degree or equivalent experience in Business Administration or a related field (Required)
• 5 or more years of experience in SBA lending, construction loan administration, or commercial loan operations (Required)
• Strong understanding of SBA SOP, including construction eligibility and disbursement rules (Required)
• Proficiency in loan origination and servicing systems, Excel, and document management platforms (Required)
• Experience with construction draw management and multiple disbursement loan structures (Preferred)