ARCHITECTURAL ENGINEER II

Company:	Capital One Company Profile \| Current Opportunities (122)
Job Location(s):	Edison
Employment Term:	Regular
Employment Type	Full Time
Start Date:	As soon as possible
Starting Salary Range:	Not Provided
Required Education:	Bachelor's Degree
Required Experience:	Open
Related Categories:	Architectural Services, Banking - General, Banking - Mortgage/Real Estate

Position Description

Summary:
Responsible for all real estate construction loan technical services for the division. This includes the review and approval plans, specifications, construction budgets, schedules and contracts. Also, performs in-house construction inspections. Qualifies and engages outside inspectors. Review outside inspector's work and make spot field checks.
The incumbent is also responsible for ensuring that the construction loan is properly underwritten and monitored with respect to the actual cost and physical construction of project. Also responsible for ensuring the adequacy of project construction inspections which are a key element in protecting the bank's construction loan assets.

Responsibilities:

Review preliminary plans, specifications, and construction cost budgets with Account Officers as an integral part of the construction loan underwriting and approval process.

Review and accept final plans, specifications, and construction cost budgets as required under the terms of our construction loan commitments, as a key element in the loan closing and disbursement process.

Review and accept final plans, specifications, and construction cost budgets as required under the terms on the construction loan commitments. This is a key element in the loan closing and disbursement process.

Perform field inspections of work in process on construction loans designated for in-house inspections. Provide written reports, as required under the Division's policies and procedures.

Review outside inspector's reports for completeness and accuracy, and compliance with Capital One’s requirements.

Attend weekly Real Estate Staff Meetings.

Provide the monthly status report on construction loans to the Real Estate Department Manager.

Inspect properties representing collateral on construction loans in conjunction with annual credit reviews to provide a check of the physical condition of collateral.

Prepare the annual operating budget for the real estate construction services.

Qualify specific outside architects/engineers authorized to perform inspection services for the Bank.

Perform the periodic spot field inspections on outside inspectors to verify validity of reports and actual construction progress.

Review and amend Capital One Real Estate Documentation package in conjunction with the Division Manager and the Loan Administration Department to keep current and workable.

Basic Qualifications:
• Bachelor's Degree in architecture, engineering (civil or structural), or construction technology.
• Minimum of 7 years experience within in the architectural/engineering industry or relevant construction related experience.
• 5 years experience in the Banking industry/financial institutions or other institutions engaged directly in the real estate construction process.

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

No agencies please. Capital One is an equal opportunity employer committed to diversity in the workplace. We promote a drug-free work environment. We emphasize recruiting, hiring, and retaining the most qualified candidates and providing them with the opportunity to meet their potential. We provide an environment where differences lead to solutions.

Other desired skills:
Architectural Engineer