Commercial Construction Monitoring Specialist

SUMMARY: The Commercial Construction Monitoring Specialist is responsible for overseeing and managing the construction draw process for commercial lending projects. This role ensures that funds are disbursed appropriately based on verified project progress, contractual requirements, and compliance with loan terms. Acting as a key liaison between lenders, borrowers, contractors, and internal teams, the specialist mitigates risk while supporting timely project completion.ESSENTIAL DUTIES and RESPONSIBILITIES include, but are not limited to the following:Review, analyze, and approve construction draw requests in accordance with project specifications, cost estimates, builder contracts, and third-party inspectionsEnsure all disbursement requests include proper supporting documentation (e.g., lien waivers, signed pay applications, invoices)Reconcile contractor draw requests against available loan funds and verified work completedExamine construction contracts, budgets, project plans, draw schedules, and inspection reports for accuracy and complianceEnsure adherence to loan policies, loan terms, and AIA G702/G703 documentation standardsIdentify discrepancies, incomplete documentation, or compliance issues and initiate resolutionPartner with lending assistants and lenders to confirm all required preliminary construction documentation is received, reviewed, and approved prior to loan closingUtilize construction management software (Built) to create and maintain project recordsTrack and reconcile both hard and soft costs throughout the project lifecycleEnsure documentation aligns with contractor requests and approved project budgetsServe as the primary point of contact for all construction draw-related inquiriesRespond to and resolve questions regarding draw disbursements, change orders, inspections, cost overruns, and lien statusMaintain clear communication with internal stakeholders and external partnersAnalyze draw packages to confirm funds are disbursed based on verified progress and contract termsEnsure projects remain within budget, and all requirements are satisfied prior to funding releaseIdentify, assess, and escalate potential risks related to budget, compliance, or project delaysMonitor contingency funds to ensure adequate coverage throughout the projectTrack project timelines and progress to ensure completion in accordance with approved schedulesLeverage Built software to proactively identify and mitigate potential issuesComplete all mandatory and elective training including BSA and Anti-Money Laundering procedures. Maintain compliance with all appropriate rules and regulations.Regular predictable attendance is an essential requirement of this positionComplete all other duties as assignedEDUCATION and/or EXPERIENCE:High School Diploma or GED, Bachelor's Degree preferredMinimum three (3) years' experience construction loan administration, commercial lending, or construction project management preferredStrong attention to detail with a strong organizational focus with ability to multi task.Understanding of GLs and flow of funds for disbursements from participation loan account to Auto Pay GLGood verbal and written communication with ability to explain complicated financial information such as loan disbursement, interest accrual and payment application with Participant Bank's staff.Good verbal and written communication with ability to communicate on all levels to contractors and borrowers in a clear and concise manner.Good problem solver and independent thinker with ability to research, resolve and communicate results in an organized manner.Team oriented with demonstrated effort to assist other department staff during peak work flow.E-Verify is used to confirm the identity and employment eligibility of all newly hired employeesFarmers National Banc Corp. is an Equal Opportunity Employer: disability/veteran