At Umpqua, we create a great place to work by offering a unique brand of relationship banking and fostering a culture where associates thrive. We are dedicated to supporting our customers and communities, and we can only achieve this through the dedication of our employees.

We value Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships, and we are eager to meet candidates who embody these core values. We are always on the lookout for results-focused individuals who can think independently, work collaboratively, and support our broader purpose.

Think of us as financial partners, because at Umpqua, we believe the best way forward is together. Together for people. Together for business. Together for better.

About the Role:

Oversees and participates in receipt of receiving, as well as evaluating construction related due diligence items and equity verification during commercial real estate loan underwriting operations, and coordinates loan closings; summarizes findings in credit recommendation for Construction Loan Administration (CLA).

• Engages and monitors third party consultants related to cost and constructability reports, and monthly monitoring of draws, payment applications and site visits.
• Initiates, performs and/or reviews construction loan disbursements.
• Interacts with real estate clients, their personnel, contractors and consultants daily, both individually and in conjunction with the relationship manager (Regional Manager, loan officer) and other Umpqua associates.
• Analyzes, reviews and comments on Construction Loan Agreements and related legal documents for CLA requirements, dissemination of progress payments, and consistency with credit approval, budget and schedule.
• Review credit recommendations/applications as it relates to the construction aspects, for completeness and consistency with CLA requirements, policies and procedures.
• Develop CLA credit document, the Credit Risk Certification (CRC) for each assigned construction loan, and review with RM prior to submittal to Credit Quality for approval.
• Identify equity requirements, verification, and closing documentation, and coordinate with Loan Administration and Loan Support Services.  Identify deficiencies and ensure corrections prior to recommendations and granting final acceptance.
• Monitor Due Diligence requirements for each assigned construction loan including analysis of contractors, review of “Plans & Specs”, verification of construction budgets, endorsement of design professionals and construction contracts, etc. During construction, monitor the monthly draw requests inputting necessary information into the CLA tracking systems.

About You:

• Associate, vocational, or technical degree related to information technology or related field equivalent experience required.
• Construction management degree or equivalent training. 
• 7-10 years of relevant construction, construction lending, credit analysis, and/or appraisal experience required.
• Ability to be flexible with an ever-changing body of work; manage multiple projects and inquiries at the same time; learn quickly, knowing own learning style; recognize and support efficiency opportunities.
• Ability to read, review and comment on complex loan documents, construction documents and specifications from all disciplines, construction contracts, and consulting agreements.
• Demonstrated analytical and problem-solving skills including wide-ranging and in-depth knowledge of real estate and construction industry practices.
• Proven written and verbal communication skills, including verbalizing concerns, conflict resolution and proofing/editing others’ documents.
• Intermediate proficiency with personal computers and related software packages such as Microsoft Office products, especially Outlook, Word and Excel. Knowledge of Microsoft Project or other scheduling software desired but not required.
• Knowledge of loan documents, construction documents and specifications from all disciplines, construction contracts, and consulting agreements; construction and real estate industry standards (AIA and AGC documents, appraisals, surveys, title reports, insurance requirements, etc.) and direct field experience desired.
• Proficient at working effectively and collaboratively with individuals, groups and departments across the company to manage internal and external customer relationships.
• Ability to train and present to small and large audiences or has the interest in learning to train and present.

Job Location(s): Ability to work fully onsite at posted location(s).

1333 North California Blvd Walnut Creek, CA 94596

24120 Van Ry Boulevard Mountlake Terrace, WA 98043

Our Benefits:

We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $85,000.00 to $122,000.00, and the pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation and those details will be provided during the recruitment process.

We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.

Our Commitment to Diversity:

Umpqua Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: careers@umpquabank.com.

To Staffing and Recruiting Agencies:

Our posted job opportunities are only intended for individuals seeking employment at Umpqua Bank. Umpqua Bank does not accept unsolicited resumes or applications from agencies and Umpqua Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Umpqua Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.