Job Summary:

The Ariza Credit Union is seeking a Loans Projects Administrator to further strengthen the management of its loans portfolio. This individual would be responsible for monitoring all projects under construction, within the assigned loan portfolio, including the assessment and recommendation of loans for disbursements, as part of the lending process in accordance with ‘The Ariza Way’ loan delivery standards, policies and procedures.

Key responsibilities:

• Assists with developing systems and processes for quality assurance, to ensure that all projects are within the original scope of work, as approved by the Physical Planning Unit and the Credit Union.
• Monitors the progress of all Retail and Business loans, related construction projects and recommends phase disbursements in accordance with the Credit Union’s approved standards and policies.
• Prepares building project contracts.
• Ensures that all projects under construction are insured by All Risk Insurance and converted to Homeowners Insurance, at the expiration of the construction period.
• Conducts site visits to building projects, during each phase, to ensure projects are done in accordance with the scope and time, and that all credit union’s assets are secured. 
• Ensures that all property valuations are updated every five (5) years as per Credit Union Policy.
• Acts as liaison between the Credit Union and Valuators for projects under construction. 
• Handles escalated member issues related to areas of responsibility, ensuring adherence to ‘the Ariza Way’ standards in resolving them; expedites issues affecting service delivery to Manager: Credit Administration. 
• Reviews progress reports and certifies readiness for phase disbursement, in accordance with Credit Union policies; recommends corrective action where the phase cannot be certified. 
• Identifies opportunities to improve procedures; makes recommendations for improved efficiencies and enhanced member experience. 
• Maintains database of approved valuators and make recommendations for valuators as per industry standards.
• Recommends policy decisions for homeowners’ insurance and other insurances.
• Ensure proper loan closing procedure to ensure bridging status is converted back to a mortgage loan and ensure the commencement of full loan repayment upon project completion.
• Prepares reports in accordance with approved reporting standards for Management review. 
• Develops and maintains knowledge of market conditions, rates and competition, making recommendations for improved competitiveness of Ariza’s suite of loan products.

Qualification, Experience, Knowledge, Skills and Abilities:

• Bachelor’s degree in Construction Management, Project Management or a Business or Banking degree with specialization in Construction management or a related field.
• Certified Residential Underwriter (CRU) or other related Professional Certification.
• Property Valuation training.
• Three (3) to Five (5) years’ experience in loan underwriting and/or credit administration functions. 
• Experience in monitoring and inspecting construction projects against approved plans.
• Strong knowledge of loan underwriting and credit administration policies.
• Strong knowledge of applicable laws, regulations, and by-laws. 
• Good understanding of Credit Union philosophies and principles.
• Skills: Emotional intelligence, customer service, verbal and written communication, organizational, attention to detail, credit risk analysis techniques.
• Ability to assess construction projects against approved plans.
• Proficient in “Sharetec” or similar software, accounting software and Microsoft Office Suite.

Interested persons meeting or exceeding the stated requirements are invited to submit their application (cover letter and CV) with the names and contact info of 3 business references, to opportunitiesnow2@gmail.com, with the subject “Loans Project Administrator”. Submission deadline – July 24th 2025.