Jobs and Careers

Manager, Construction Loan Admin

Valley National Bank

Morristown, United Statesfull_timeVerifiedPosted 21 Feb 2026

About the role

Responsibilities include, but are not limited to:

Responsible for the Administration of all Commercial Construction Loans and the processing of all construction loan advances as well as the upkeep of contract and file information.
Monitor commercial construction projects from inception to completion.
Analyze construction cost estimates.
Review construction loan commitment letters and construction agreements assuring compliance with approved construction credit conditions.
Oversee the review construction inspection reports prepared by outside vendors for single family residential, site improvement work and vertical commercial construction projects to ensure compliance with loan documentation as well as bank regulations.
Validate that all municipal approvals and construction requirements have been met.
Manage construction loan advance function insuring conformance with loan documentation.
Attend bank meetings relating to commercial loans and follow up on any outstanding issues.
Comprehensive oversight of all construction loans in the commercial bank.
Management of two construction loan administration sites and all employees including hiring, coaching/development, performance reviews and disciplinary action.
Manage vendor relationships with inspection firms, build and maintain relationships with outside counsel and title companies.
Manage the department's service levels (to line, loan operations, appraisal, and risk functions) and ongoing relationships within the bank.
Continually look for ways to improve process to make them more efficient and effective.

Qualifications Required Skills:

Experience in construction lending.
Strong experience in process-oriented areas of organizations, ideally banking (commercial loan operations).
Ability to manage large teams both on-site and remotely.
Ability to communicate effectively with business partners as a control function, balancing the need to accommodate customer (internal and external) needs, with process discipline and a risk management mindset.
Strong understanding of the construction lien laws of New Jersey, New York, Florida and Alabama (primary markets), and awareness of laws in other geographies in which Valley does business.
Strong analytical skills.
Ability to handle multiple projects simultaneously.
Proficient in Microsoft Office, specifically Word and Excel.
Strong communication skills both written and oral.
Valid Driver's License.

Required Experience:

High school diploma or GED and minimum of 10 years work experience, preferably in the operations area of a financial institution.
Commercial real estate loan experience, and especially construction loan administration experience a huge plus.
Bachelor's degree preferred.