Construction Loan Specialist

Location: Onsite at listing on job posting.

• Review Commercial Real Estate Loan Approval for construction terms and requirements and confirm they are consistent with draft Loan Closing Documents.
• Work with Line of Business to review the Loan Closing Checklist and construction related documents received meet conditions of Approval
• Request and review bids from 3rd. party Construction Consultant(s) when required. Review and approve any Up Front and monthly reports as provided by Consultant.
• Review and approve all required construction documents, provide comments, and forward to 3rd. party consultant as required by policy and/or procedures.
• Communicate effectively with Lenders, Borrowers, Attorneys, Title Companies, General Contractors, Consultants, and Agents to ensure proper construction documentation is received for Loan Closings and Draw Requests.
• Provide primary support and partnership to RMs and PMs to ensure construction loans maintain strong quality, while facilitating risk control measures for the Bank.
• Maintain and update project budgets as approved at closing, track changes and ensure funds are sufficient to complete the project.
• Approve loan Budget changes within established limits or refer loan to Team Lead, RM or RCA as applicable for further approval/override as provided by Policy.
• Review and approve Draw Requests and supporting documents as submitted by Borrower, within established limits or refer to Team Lead for additional approval
• Enter information to construction loan software to facilitate disbursement of loan funds within the established SLA.
• Coordinate draw requests with participants, junior lenders and agents for syndicated/participated loans.
• Ensure compliance with approved Policies and Procedures.
• Manage applicable loan exceptions.
• Monitor requirements as provided by executed leases and permanent lenders.
• Maintain a working regulatory knowledge regarding Flood Insurance, General Insurance, Title Issues, Mechanics Lien Law, Surveys and Bank Loan Documentation
• Maintain and update construction loan tracking system and document uploads as appropriate.
• Assist lower level Construction Loan Specialists as needed
• Perform all other duties as assigned

• Considerable knowledge of operation functions, systems, policies and procedures for the assigned area
• In-depth understanding and practical application of state statutes, laws and federal regulations
• Excellent organizational, and project management skills
• Well-developed customer relations skills
• Excellent interpersonal, verbal and written communication skills
• Ability to manage multiple tasks/projects and deadlines simultaneously
• Thorough knowledge of banking operations and commercial credits

• High School Diploma Required;
  Bachelor's degree preferred
• Three to Five years of direct experience in commercial construction lending or Five to Seven years of relevant work experience in commercial lending and documentation

First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services.

First Horizon has been recognized as one of the nation s best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at

• Medical with wellness incentives, dental, and vision
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match
• More --

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Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.