Construction Draw Specialist II

Construction Draw Specialist IIDepartment/Location: Construction Draw/ Bethel StationEmployee Reports to: Assistant Loan Servicing ManagerFLSA: Hourly; Non-Exempt positionStatus: Full-Time 76-80 HoursRate of Pay: Grade 16 / $21.93 to $32.25 per hourSummary/Objective: Provide customer service support to borrowers, vendors and loan officers with commercial and residential construction loan disbursement process. Primary function will assist the draw process on the commercial side and the daily voucher repayment process and related functions.Essential Job Functions:Maintain and reconcile monthly construction loan advances (including Interest Payments, Date downs, Inspections, Draws, Holdback Account Monitoring)Plan Review function (reconciling, ordering, pre-collection of funds, balancing GL, etc.)Assist Borrowers in the analysis, interpretation of budgets, advances & processes.Assist with generating updated construction budgets and guidance on advanced processes to Borrowers.Review the bank's policies and procedures to ensure overall compliance within Construction Draw Department.Prepare initial set-up of construction files, monitor discretionary tracking, and manage closed files.Create and help maintain internal and external compliance reviews for significant processes, procedures, and applications within the Construction Draw Department by coordinating or assisting with the preparation of documentation for examinations.Act as a liaison with third party vendors or internal departments to manage and resolve any borrower, lender, or core system application issues.Processing monetary transactions to the general ledger.Completing projects related to enhanced core efficiencies and data integrity improvements.Maintain documentation for new business processes, including updating existing documentation based on enhancement made to existing processes and toolsProvide excellent customer service to Borrowers, Lenders, and AMR team members.Correspond timely, concisely, and professionally.Other duties as assigned