Construction Loan Administrator Job Description

The Construction Administrator: A Job Description

The construction administrator and construction manager are not the same. It can be difficult to distinguish the two occupations because they share some of the same functions. A construction administrator performs more administrative duties in an office environment than a construction manager does on a job site.

Complying with federal and state building regulations, interpreting construction drawings, managing project timelines and contractor schedules, managing operational budget, making sure construction document are compliant, and reviewing and negotiating contracts are some of the more important duties you may have. You can work on a construction job site with physical labor, work with engineers and project managers. You must have at least two years of contracts administration experience to register for the exam.

You would need two years of experience to pass the CCPR exam. You must have at least five years of experience in construction design, bidding and specifications for the CCS credential. Staying within a budget is a must for construction and manufacturing projects.

You can specialize in either construction or manufacturing as a cost estimator. You may spend a lot of time working with architects, contractors and engineers to figure out building and labor costs. You can work with production managers to determine if profits justify the cost.

A Bachelor Degree in Business Finance or Accounting: a Master's Degree

The loan administrator has a lot of responsibilities, including gathering data, preparing reports, arranging the training programs, coordinating the meetings, answering the telephone calls, handling the correspondence, and ensuring that the loan department makes the most money. They are responsible for preparing the final loan package and reviewing the loan process. They may be involved in training and guiding the staff.

The loan administrators are involved in other things as well, including the preparation of loan sheets that can be used by the loan operations department and may also assist with the closings. They need to process and monitor the loan payments. They identify signs of unusual or suspicious account activities and make recommendations to minimize the risk.

They process the loan requests, interpret the loan documents and make sure that the transaction is completed quickly. They constantly update the loan data. They perform various accounting processes.

They start collection activities on the past accounts. They need to keep up with what the competitors are doing and make suggestions to improve their customer base. They can help in audits of the performance of the loan operations whenever there is a need.

They are responsible for reviewing the loan applications, as well as approving or rejecting them, by ensuring adherence to the rules and regulations of the organization they are working for. They establish procedures for loan collateral, securities, asset control, etc. To be a successful loan administrator, you need to have good skills in supervision and a sense of responsibility.

A Resume Example of a Construction Administrator

One of the most important tasks that a construction administrator can do is to work with contractors and other departments to make sure projects run smoothly, by issuing technical plans and instructions or carrying out on-site inspections. Construction administrators have to coordinate projects, which involve overseeing and monitoring projects from the initial stages through to the completion, and ensuring that necessary regulations are met, while also making sure that relevant documents are prepared at each interval. To be qualified for the position of a construction administrator, you need to have certain skills and qualities, including excellent communication skills, excellent time management skills, and exceptional.