Construction Draw Specialist II

Construction Draw Specialist II Department/Location:

Construction Draw/ Bethel Station Employee Reports to:

Assistant Loan Servicing Manager FLSA:

Hourly; Non-Exempt position

Status:

Full-Time 76-80

Hours Rate of Pay:

Grade 16 / $21.93 to $32.25 per hour

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

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.

Knowledge, Skills & Abilities:

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.

What We Offer:

Based on eligibility, Timberland Bank offers a comprehensive benefits package including medical, dental, vision, 401k, vacation/paid sick leave and other great benefits with employee only. Timberland Bank is a family-friendly employer. Our employees enjoy competitive compensation and an excellent benefits package including: Medical, Vision and Dental Insurance Paid vacation and holidays Paid Birthday Day Off Two pay periods per month Paid sick leave 401k and employee stock ownership plans Paid training and advancement opportunities Numerous employee only banking benefits

Disclaimer:

This job description is intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed, as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.