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UMB Bank Construction Project Analyst in Boston, Massachusetts

Be part of something more.

A majority of our time is spent “at work.” We believe that time most meaningful when it’s spent around people who care about you and who challenge you. We hire people who know how to make good decisions, because we won’t be constantly looking over your shoulder—you’ll be empowered to do what’s right for our customers. Most importantly, we’re a partner. We partner with our associates to help them thrive personally and professionally. We partner with our communities and the organizations that support them. And, we partner with our customers to create an experience they won’t find elsewhere.

Are you ready to be part of something more?

You’re more than a means to an end—a way to help us meet the bottom line. UMB isn’t comprised of workers, but of people who care about their work, one another and their community. Expect more than the status quo. At UMB, you can expect more heart . You’ll be valued for exactly who you are and encouraged to support causes you care about. Expect more t rust . We want you to do the right thing, no matter what. And, expect more opportunity . UMBers are known for having multiple careers here and having their voices heard.

As part of the Credit Oversight team, the Construction Loan Analyst, is accountable for the monitoring of all construction projects for Commercial and Residential construction loan.

How you will spend you time:

  • Draw processing, engaging third party consultants; ordering, reviewing and analyzing pre construction costs/examine documentation and draw inspection reports against actual progress of project

  • Ordering and reviewing title policy endorsements and updates

  • Analyze project budget and cost variations

  • Authorize loan and equity funding

  • Identify and assess project trends and manage credit risk within the individual projects

  • Create analytical management reports that provide a summary of the outstanding portfolio to assist in financial capital allocation requirements

  • Advise loan officers, attorneys, staff, and third parties on terms and conditions of construction project structure

  • Follow up on completed and inactive projects

We are excited to talk to you if you have:

  • 8 years Commercial and Residential Real Estate Loan experience

  • 5 years Commercial and Residential Construction experience

  • College degree or work experience equivalent

  • Ability to analyze and approve construction budgets In depth understanding of commercial, real estate & consumer loan documentation

  • Understanding of property title work especially as it pertains to construction projects

  • Familiarity with banking core accounting systems

  • Understanding of consumer and commercial loan regulatory compliance

  • Understanding of collateral insurance coverage (Builders Risk, Property & Liability)

The pay range for a candidate selected for this position who is based in Colorado is typically $80,157 to $148,99 annually. The selected candidate’s actual pay will be based on various factors, including but not limited to work location, qualifications, and experience, so the actual starting pay for the selected candidate may be above or below this range. The successful candidate will also be eligible to participate in one or more incentive plans based on company and individual performance

UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to talentacquisition@umb.com or call 816-860-7972 to let us know the nature of your request.

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