Construction Draw Specialist II

TIMBERLAND BANK MASTER•Spanaway, WA

9d•$22 - $32•Onsite

About The Position

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.

Requirements

High School Diploma or GED
Minimum of 2 years experience working in banking specific to construction draw or loan processing.
An advanced level of proficiency in Microsoft Office including Outlook, Word and Excel.
Experience working with construction draw specific software.
Ability to organize/prioritize work, handle workload independently and meet critical deadlines.
Strong aptitude in decision-making.
Ability to comprehend and respond appropriately to both oral and written communications and/or directions.
Ability to successfully work in high demand, deadline sensitive atmosphere.
A strong attention to detail and commitment to following procedures in full.

Responsibilities

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 tools
Provide excellent customer service to Borrowers, Lenders, and AMR team members.
Correspond timely, concisely, and professionally.
Other duties as assigned