Construction Lending Manager

The Role: SVP/ Construction Lending Manager

The Location: SB, LA, OC, SD, California

Make a Difference Where It Matters Most

At CalPrivate Bank, we believe banking is personal. We have deep roots in the communities we serve, and our client relationships are built on genuine care, thoughtful problem-solving, and unwavering integrity. Our solutions-based service, paired with best-in-class talent, sets us apart in the market, but it’s trust that defines who we are. It's our gold standard, the currency we trade in, and the foundation of every decision we make.


We’re looking for leaders who want more than a title. We’re looking for team players who want to make an impact. If you're driven to lead with purpose, ready to shape the future and have meaningful impact at a relationship-centered bank, CalPrivate Bank may be the place for you.

Your Opportunity: Construction Lending Manager

The Construction Lending Manager plays a critical role in supporting the Bank’s commercial lending strategy by overseeing the underwriting, approval, and ongoing administration of construction loan relationships. This position is responsible for evaluating construction lending opportunities to ensure they align with the Bank’s credit philosophy, risk appetite, and safe and sound lending practices while delivering a high level of service to clients and internal partners.

Serving as a subject matter expert throughout the construction lending lifecycle, the Construction Lending Manager partners closely with Relationship Managers, borrowers, developers, contractors, and third-party professionals to assess project feasibility, analyze construction budgets, evaluate project risks, and monitor construction progress from initial underwriting through final completion. The role ensures construction projects remain on schedule, within budget, and in compliance with approved loan terms while maintaining strong credit quality across the Bank’s construction loan portfolio.

This position also monitors assigned construction loans for payment performance, renewals, annual reviews, criticized assets, covenant compliance, and portfolio risk trends. Collaboration with loan origination, credit administration, fund control, appraisal professionals, and executive leadership is essential to maintaining efficient workflows, exceptional client service, and prudent portfolio management. The Construction Lending Manager also assists the Chief Credit Officer and senior management with reporting, portfolio analysis, and other strategic initiatives as assigned.

What You’ll Do

Construction Loan Origination & Underwriting

Construction Budget & Cost Analysis

• Receive, review, and approve detailed construction cost breakdowns.
• Maintain responsibility for the integrity of the construction budget from initial review through project completion.
• Ensure final construction budgets reconcile with executed General Contractor contracts prior to loan documentation and fund control setup.
• Review:
  • Construction budgets
  • Cost breakdowns
  • Soft costs
  • Hard costs
  • Financing costs
  • Contingency reserves
• Order and review independent construction cost analyses when appropriate.
• Resolve budget variances and recommend modifications as needed.

Project Due Diligence

Contractor & Borrower Evaluation

• Provide legal oversight and counsel regarding SEC reporting obligations and public company Review and approve construction contracts and architect agreements.
• Assess contractor qualifications including:
  • Licensing
  • Relevant project experience
  • Financial strength
  • Reputation
  • Trade references
  • Insurance requirements
• Perform background reviews on borrowers, guarantors, and contractors as appropriate.
• For SBA construction loans:
  • Collect contractor financial statements
  • Review trade references
  • Complete financial analysis
  • Ensure SBA compliance requirements are satisfied.
  • Verify borrower equity contributions and project sources of funds.

Construction Administration & Portfolio Management

• Monitor construction loans throughout the life of the project.
• Coordinate with Fund Control to ensure timely and accurate project funding.
• Review draw requests and supporting documentation.
• Obtain and review:

• Ensure reimbursement requests comply with approved project budgets.
• Perform periodic site inspections to verify construction progress.
• Monitor project timelines, budgets, completion status, and construction milestones.
• Identify project risks early and recommend corrective action when necessary.

Portfolio Monitoring

• Monitor assigned construction loan portfolio for:
  • Payment performance
  • Maturity dates
  • Renewals
  • Annual reviews
  • Covenant compliance
  • Criticized and classified loans
• Prepare loan modifications and renewal recommendations.
• Maintain ongoing communication with borrowers regarding project performance and financial condition.
• Ensure all loan files remain complete, current, and compliant with Bank policy and regulatory requirements.

Collaboration & Leadership

• Collaborate effectively with:
  • Relationship Managers
  • Credit Administration
  • Loan Operations
  • Fund Control
  • Appraisers
  • Attorneys
  • Inspectors
  • Title Companies
  • Executive Management
• Support loan origination staff by providing construction lending expertise throughout the underwriting and closing process.
• Provide an exceptional level of service to clients while balancing prudent risk management.
• Assist the Chief Credit Officer and executive leadership with internal reporting, portfolio analytics, policy development, and special projects as assigned.

AML/CFT/Compliance Responsibilities

This position includes direct or indirect interaction with customers and other employees and therefore includes responsibilities relating to BSA/AML. The employee will have opportunity to examine and view information and documents produced by other employees of the Bank relating to BSA and therefore has the obligation to report suspicious activity to the BSA Officer as appropriate. The employee is responsible for understanding and following the Bank’s BSA/AML policies including elevating suspicious activity to the BSA Officer. Additionally, the employee is required to understand and follow the Bank’s compliance program BSA/AML policies including elevating suspicious activity to the BSA Officer. Additionally, the employee is required to understand and follow the Bank’s compliance program.

Who You Are

Experience & Expertise

• Bachelor’s degree in Finance, Business Administration, Accounting, Real Estate, Construction Management, or a related field preferred.
• Equivalent combination of education and directly related experience will be considered.
• Minimum of 5 years of progressively responsible experience in commercial construction lending, commercial underwriting, commercial real estate lending, or construction portfolio management.
• Experience with construction lending at a commercial bank or financial institution strongly preferred.
• Comprehensive understanding of commercial credit analysis, construction financing, and portfolio management principles.
• Expertise in commercial lending, credit structures, and banking operations.

Mindset & Values

Physical Demands

Why CalPrivate Bank?

This isn’t just another bank job. At CalPrivate Bank, you will be part of something bigger. Our day-to-day operations and projects don’t just impact a balance sheet, they influence real people, real businesses, and the communities we proudly serve. We are guided by our commitment to relationships, solutions, and trust. And we’re building a team of people who reflect those values in everything they do.

If you’re looking for a place where your work will matter, your ideas will be valued, and your growth will be supported, welcome to CalPrivate Bank! Ready to lead with purpose?