Residential Construction Estimator

federal savings bankChicago, ILtoday

$70,000 - $90,000

Occupations

Construction Managers Cost Estimators Loan Officers

Industries

Real Estate Credit New Single-Family Housing Construction (except For-Sale Builders)New Housing For-Sale Builders

Job Description

Duties and Responsibilities: Budget and Project Review:

Review, analyze, and validate residential construction budgets, plans, specifications, blueprints, and related project documentation
Assess project feasibility through analysis of costs, timelines, materials, labor components, and construction methodologies
Ensure budgets are complete, reasonable, and accurately reflect the proposed residential construction project
Review and process a high volume of projects per month while maintaining quality and service standards
Identify potential risks, budget gaps, or construction issues that could impact project completion or collateral value
Collaboration:
Communicate findings, requirements, and deficiencies clearly and professionally
Coordinate with internal stakeholders and builders to obtain reports, project specs, budget revisions, and supplemental documentation
Provide timely feedback and recommendations to lending and risk management teams regarding project budgets and construction-related concerns
Pipeline Management:
Effectively manage a high-volume pipeline of construction projects while meeting established SLAsPrioritize competing deadlines and maintain organized project documentation
Contribute to process improvements as construction lending operations continue to expand and evolve

Requirements: Experience:

Experience in residential construction lending (required)
Experience in residential appraisal, title, or collateral underwriting (preferred)
Experience reviewing residential construction budgets, cost estimates, plans, or project documentation
Experience managing multiple projects or a high-volume workflow
Experience working with various residential property types
Strong understanding of residential construction methods, sequencing, materials, and costs
Ability to interpret construction drawings, blueprints, specifications, and site plans
Knowledge of construction budgeting, estimating, and cost analysis techniques
Proficiency with Microsoft Office Suite, particularly intermediate/advanced proficiency with Excel

Professional Competencies:

Exceptional attention to detail and accuracy
Strong organizational and time-management skills
Ability to manage multiple priorities in a fast-paced environment
Critical thinking and analytical problem-solving abilities
Ability to identify inconsistencies and proactively resolve issues
Sound judgment and decision-making skills
Communication Skills:
Excellent verbal and written communication skills
Comfortable engaging frequently with internal and external stakeholders via phone and video meetings
Ability to build strong relationships with bankers, builders, borrowers, and business partners
Professional presence with a customer-focused approach

Compensation: Annual base salary: $70,000 - $90,000

What We Offer:

Medical, Dental, and Vision insurance plansHSA and FSA plan options
Company-paid life insurance 401k with partial match
Complimentary Employee Assistance Program (EAP)
Paid time off that increases with tenure (40 hrs. sick time; 80 hrs. Your Time Off to start)7 paid bank holidays
Onsite garage parking for employees in Chicago office
In-house virtual training opportunities to broaden your industry knowledge
Education Reimbursement
Employee Home Loan Discount Program
Employee recognition on a national scale
Frequent employee appreciation events
Big bank capability, small-bank feel

The Federal Savings Bank is anequal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.

Apply now

Level

SeniorL5

Salary

$70,000 - $90,000

Location

Chicago, IL

Occupation

Construction Managers

Industry

Real Estate Credit

Posted

today

To get sharper similar jobs, create your profile using the link below.

Create profile