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Construction Lending Analyst

BD Capital
Warren, NJ Full Time
POSTED ON 3/3/2025
AVAILABLE BEFORE 6/3/2025

Company

BD Capital is a premier lender to developers and builders across the country. We pride ourselves on a consultative approach to fulfilling our customer’s needs. This customer focus creates a positive, entrepreneurial atmosphere where people are empowered to learn, grow, and contribute as individuals in a respectful and non-judgmental culture. The company is experiencing rapid growth and looking to build out the operations team with an exceptional draw administrator.

Job Description

We are looking for a motivated and detail-oriented Construction Loan Draw Specialist to join our team. This role is essential in overseeing the construction draw process for borrowers, ensuring accurate inspections, funding approvals, and risk mitigation. The ideal candidate will possess excellent organizational and communication skills, a strong understanding of construction budgets, and the ability to collaborate effectively.

Key Responsibilities :

Draw Process Management

  • Oversee the entire construction draw process for borrowers, ensuring smooth and timely funding.
  • Monitor project budgets and track expenditures to ensure funds are properly allocated.
  • Communicate and educate borrowers about inspection and draw procedures to facilitate understanding and efficiency.
  • Serve as the primary point of contact for borrowers, inspectors, project managers, and other involved parties.

Inspection Coordination and Review

  • Monitor inspection requests to ensure timely and accurate evaluations.
  • Review inspection reports to verify that work has been completed as per the budget and ensure accurate funding.
  • Adjust inspection reports as needed to fairly evaluate completed work.
  • Risk Management

  • Identify and mitigate financial risks in the draw process, such as potential shortfalls, overpayments, or contingency requests.
  • Report budget reallocations or funding concerns to management for review.
  • Collaborate with capital partners to submit reimbursement requests for funded draws.
  • Qualifications :

  • Detailed understanding of residential construction.
  • Prior experience in construction loan administration, real estate, or construction related field.
  • Strong understanding of construction budgeting and financial tracking.
  • Exceptional organizational skills with the ability to manage multiple priorities.
  • Excellent written and verbal communication skills.
  • Proficiency in Excel, Word and Outlook. What We Offer :
  • Competitive salary and comprehensive benefits package.
  • Opportunity to work in a collaborative and dynamic environment.
  • Room for professional growth and development within the organization.
  • Benefits :
  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Health insurance
  • Paid time off
  • Vision insurance
  • Ability to Commute : Warren, NJ 07059 (Required) Work Location : In person

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