Construction Analyst

Summary

Join LISC as a Construction Analyst and contribute to transformative community development projects. You will develop expertise in construction loan administration, focusing on maintaining order, tracking details, and ensuring smooth processes. A significant portion of the role involves construction draw management, reviewing documentation, tracking project progress, and maintaining monitoring systems. You will work closely with internal and external teams, providing excellent customer service to borrowers. This role offers valuable experience in community development finance, allowing you to learn from experienced professionals and build your skills. The position requires a bachelor's degree or relevant experience, along with strong analytical and organizational skills. LISC offers a competitive salary and excellent benefits.

Requirements

• Bachelor’s degree from an accredited college or university or relevant related work experience in commercial construction lending
• Minimum of 3 years of professional work experience in construction
• Basic understanding of construction draws and payment applications
• Strong attention to detail and ability to manage multiple deadlines
• Excellent organizational and time management skills
• Proficiency in Microsoft Office suite, especially Excel
• Strong analytical and problem-solving skills
• Ability to work effectively in a team environment
• Excellent written and verbal communication skills
• Interest in community development and social impact finance
• Ability to work through complicated loan disbursement requirements
• Knowledge of the construction finance industry
• Demonstrated ability to translate construction and legal requirements
• General knowledge of loan-legal documentation

Responsibilities

• Review construction draw requests against established budgets and scope, identifying discrepancies and exceptions
• Analyze AIA G702-703 documentation for general contractor payment applications
• Review and verify all draw documentation including lien waivers, invoices, and owner's sworn statements
• Prepare and maintain spreadsheets tracking balances between project costs and funding sources
• Track construction budgets against work completed
• Identify disbursement/corrections needs and "budget out of balance" risks
• Review construction inspection reports to verify work completion and identify risks
• Coordinate disbursement of funds according to policies and procedures
• Administer and service a portfolio of active construction loans with multiple capital stacks
• Serve as primary point of contact for borrowers regarding construction draw review and processing
• Coordinate across multiple internal teams regarding draw requests and construction completion
• Collaborate with Asset Management, Closing Teams, outside vendors, and internal underwriters
• Support Construction Director in training borrowers on disbursement processes
• Work independently to provide excellent customer-focused experience for borrowers
• Participate in problem-solving sessions with Construction Director, borrowers, and internal teams
• Coordinate post-closing follow-up requirements and post-close draw overview process meetings
• Maintain detailed project tracking systems and construction monitoring files
• Support monthly/quarterly presentations on construction lending to internal team
• Track and document construction progress and potential risks to budget and schedule
• Maintain accurate internal records of loan disbursements and project progress
• Create and update project progress reports for various stakeholders
• Implement and maintain project management and organizational tracking tools
• Support process improvements in construction draw management
• Assist in developing and maintaining best practices for construction loan administration
• Coordinate with third-party inspection firms and other external partners
• Participate in continuous improvement initiatives for construction lending processes

Benefits

• Medical, Dental, Vision Coverage
• Disability Insurance
• Retirement Savings
• Generous Holidays
• Vacation, PTO, and Sick Days
• Tuition Assistance
• Referral Program
• Professional Development Opportunities