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Construction Draw Specialist

Bell Bank
Minneapolis, MN Temporary
POSTED ON 3/24/2025
AVAILABLE BEFORE 4/7/2025

Construction Draw Specialist

If you like to work with people in a family atmosphere, enjoy great benefits and provide unequaled personal service to every customer, consider a career with Bell Bank.

Company Information :

Bell Bank was founded in 1966 and headquartered in Fargo, North Dakota. It is the largest family-and employee-owned bank in the upper Midwest, and one of the largest in the nation, with assets of more than $10 billion. Bell Bank has full-service banking locations in North Dakota, Minnesota and Arizona. Bell has empowered more than $26 million in charitable giving through its unique Pay It Forward initiative, through which every employee chooses each year how to help individuals, families and organizations in need.

Bell Bank has been recognized as a top workplace by American Banker, Forbes and Fortune.

If you want to work for an established, growing, forward-looking organization with world-class employees, this is the place for you. Let Bell Bank be your destination workplace.

Bell's Values :

As stewards, dedicated to the growth and reputation of this independently owned organization, we are committed to :

  • Promoting and sustaining our family atmosphere.
  • Providing unequaled personal service to each and every customer.
  • Paying it forward" by giving back to the communities we serve.

Our Bottom Line :

Happy Employees! Happy Customers!

Job Summary :

This position's primary responsibilities include promptly and efficiently responding to and processing draw requests and other post-closing tasks required to complete construction transactions.

Primary Duties :

  • Coordinate with Builder, TC, Borrowers and Inspection Company to confirm all Draws (interim / final) comply with Bell Draw Process.
  • Maintain positive and responsive relations with Builder and Borrowers in an order to support longterm / repeat business.
  • Wire draw using particular care to protect against wire fraud.
  • Keep Project Workbook, Banklabs and Signature / Black Knight balanced as Draws are made.
  • Store all required documents in their proper place holders within Encompass - keeping shared drive to a minimum of required documentation.
  • Monitor and work pipelines to ensure that all recurring tasks are completed timely : Receipt of final documentation, status updates and completion tasks.
  • Process modifications, payoffs and builder applications timely.
  • Prepare end of the year 1099 reporting for servicing.
  • Provide customer service assistance as needed.
  • Complete annual updates builder / contractor licensing information.
  • Research and establish license review process as Bell expands into new states.
  • Know by name and face as many customers and employees as possible, calling them by name as often as possible.
  • Know and practice LOCBUTN, our Golden Rules, and Bell Bank Customer Service Standards.
  • Know, understand, and live the company values and bottom line.
  • Conduct activities consistent with established Bell Bank policies, procedures and systems, the Bell Bank Employee Conduct policies, the Bank Secrecy Act and all applicable state and federal laws and regulations.
  • All employees are responsible for information security, including compliance with policies and standards which protect sensitive information.
  • Perform other duties as assigned.
  • Job Skills Required :

  • One to two years builder / contractor budget review, title closing, title abstracting or mortgage processing experience required.
  • Strong attention to detail.
  • Ability to analyze project particulars and make risk decisions based upon Bell policy and / or procedures.
  • Strong organizational skills.
  • Ability to communicate information clearly and concisely both verbally and in writing.
  • Ability to follow written and verbal directives.
  • Ability to meet deadlines consistently.
  • Strong computer skills; proficient with Microsoft Word, Excel and Outlook.
  • Ability to work independently with minimal supervision.
  • Ability to articulate ideas and methods to improve workflow.
  • Ability to manage multiple projects while adhering to strict deadlines.
  • Ability to adapt to changes in procedure and regulatory requirements.
  • Ability to embrace change.
  • Ability to work under high pressure deadlines, knowing cost to company will be significant if mistakes are made or deadlines are not met.
  • Ability to work with high energy, high profile colleagues that have other priorities.
  • Ability to work behind the scenes without accolades that other higher profile departments receive.
  • Ability to maintain a professional demeanor while working through the above-defined challenges.
  • Bell Bank provides competitive compensation and an excellent benefits package.

    Bell Bank

    Equal Opportunity Employer

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