Transaction Coordinator

Builders Capital ExchangeFort Lauderdale, FL
Hybrid

About The Position

Builders Capital is looking for a highly motivated Transaction Coordinator to join our team! As a Transaction Coordinator, you are the go-to person for our borrowers and help provide them with the best class customer service in a timely manner; no two days are the same. At Builders Capital, we are on a mission to reshape the future of construction financing. As the nation’s largest private construction lender, we provide innovative, tailored financing solutions to developers, builders, and investors. Our goal is simple: to be our clients' most valued partner by offering aggressive rates, flexible loan terms, and unmatched service. We’re setting ourselves apart by being creative in our financing solutions, leveraging cutting-edge technology, and maintaining an agile, in-house servicing team that ensures quick funding and a smooth process. Builders Capital is leading the charge in addressing the nationwide housing shortage, with approximately 5 million homes needed to meet demand. We’re here to help build those homes, one project at a time.

Requirements

  • 3-5 years of Construction draw experience and/or training; or equivalent combination of education and experience.
  • Proficient in Microsoft Office products including Excel, Word, and Outlook. Pivot Tables and VLOOKUP’s in Excel are a plus.
  • Strong written and verbal communication skills, with the ability to clearly explain financial information to colleagues and management.
  • A high level of accuracy and attention to detail in all aspects of accounting work.
  • Strong critical thinking and analytical skills, with the ability to identify issues and resolve discrepancies effectively.

Nice To Haves

  • Pivot Tables and VLOOKUP’s in Excel are a plus.

Responsibilities

  • Gathering documentation, data entry, budget reconciliation, draws and servicing portfolio management.
  • Reviewing, analyzing, and processing loan draws for all assigned construction projects, order inspections, fund disbursements, review of invoices, lien waivers, and budget.
  • Keep active construction loans aligned with approved budgets, scopes, and timelines.
  • Review submissions, coordinate inspections, validate work completion, and process timely disbursements.
  • Ensure vendors, subcontractors, and borrowers are paid accurately and on time, with strong documentation and controls.
  • Flag exceptions and any Borrower concerns to the asset management team. Place loans on the watch list as concerns arise.
  • Provide best-in-class servicing to Borrowers, providing excellent communication and updates on the draws in process. Proactively coach Borrowers on tools for submitting draw requests.
  • Obtain third-party services (appraisal, title, flood determination, etc.) as needed.
  • Communicate with loan officers and borrowers via telephone and email (request documentation, answer questions, provide status, etc.).
  • Work with Legal, Credit, Account Managers, and Payoff teams to surface risks and resolve issues quickly.
  • Order & “review” inspection reports and date downs or lien searches.
  • Clear post-funding conditions as it relates to draw processing.
  • Ad-hoc duties as needed.

Benefits

  • Health Insurance – We’ve got you covered! Builders Capital pays 100% of your medical insurance premiums to keep you healthy and stress-free, offering a PPO and HSA plans.
  • Competitive Compensation – We offer competitive wages that reward your expertise and hard work.
  • Paid Time Off – Take time to recharge with 3 weeks of paid time off each year.
  • Paid Holidays – Enjoy 10 paid holidays throughout the year so you can spend quality time with family, friends, or doing whatever you love.
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