The CBS Difference

At Cooperative Business Services (CBS), we deliver premier commercial lending services and cutting-edge software solutions to financial institutions across the nation. Our expertise spans all property types, ensuring that we meet the diverse needs of our clients.

Our vision is to revolutionize financial partnerships, where institutions thrive and people flourish. This vision drives us to continually innovate and push the boundaries of what’s possible in the financial sector.

Our mission is clear: to empower financial institutions with innovative thinking and market-leading business solutions. We are committed to providing the tools and insights needed to navigate the complexities of the market, enabling our clients to achieve sustainable growth and success.

Currently, CBS is in an exciting growth period as we position ourselves for 2025 and beyond. Join us on this journey as we continue to transform the future of financial institutions.

Your Role in Our Success

The Construction Loan Analyst is responsible for analyzing and managing construction loans, ensuring documentation completeness, and mitigating risks associated with construction lending. This role ensures that construction loan draw requests comply with project budgets and contractual agreements, collaborating with internal teams, borrowers, general contractors, and external monitoring firms. To be successful in this role, you need strong analytical skills, attention to detail, and the ability to manage multiple projects simultaneously. Below are the areas of responsibilities that will help you thrive and succeed in this role:

• Review and analyze new construction loans for documentation completeness
• Review construction contracts, AIA (American Institute of Architects) documents, and project budgets to ensure alignment with loan terms.
• Research permits, notice of commencement, and certificate of occupancy filings
• Review and manage draw requests, comparing them to budgets and documentation in the construction loan administration platform
• Review lien waivers, change orders, and soft cost invoices to verify alignment with project budgets.
• Request quotes and engage construction monitoring firms for pre-construction reviews.
• Order and review inspections and title updates to identify potential risks.
• Communicate with borrowers, general contractors, and credit unions to clarify discrepancies and ensure timely processing of loan draws.
• Maintain accurate and organized loan files, ensuring all necessary documentation is up to date.
• Identify and report any inconsistencies or missing information in loan documentation

What You Bring to the Table

• You have five to seven years of related experience in construction lending, real estate finance, or related field
• You work well independently and remotely with minimal supervision.
• You have strong attention to detail with accurate information processing and high-quality standards.
• You have excellent verbal and written communication skills for clear and effective collaboration.
• You have strong time management skills to prioritize tasks and meet deadlines.
• You have an analytical mindset to evaluate data, identify patterns, and develop insights.
• You have a team-oriented mindset with the ability to collaborate and coordinate across departments
• You have excellent organizational and time management skills, with the ability to handle multiple transactions simultaneously
• You are Proficient in Microsoft 365 products and construction loan administration software.

The Perks of Being with Us

At Cooperative Business Services, we believe in creating an environment where you can thrive both personally and professionally. Here’s what you can look forward to as a valued member of our team:

• Compensation: Base compensation for this role ranges from $60,000-$90,000
• Remote Work Environment
• Generous Holidays: Take advantage of 13 paid holidays each year 
• Comprehensive Insurance Coverage: Choose from a selection of medical, dental, vision, and supplemental benefit plans to suit your needs. Additionally, the company provides company-paid Short-Term Disability (STD), Long-Term Disability (LTD), and life insurance equivalent to 1 time your salary. 
• 401(k) Plan: The company provides a generous matching contribution of up to 6%.
• Tuition Assistance