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Construction Loan Draw Specialist- Plano Ops

PROSPERITY BANK
Plano, TX Full Time
POSTED ON 12/31/2024
AVAILABLE BEFORE 2/28/2025
 

External Applicants: Please apply through Prosperity Bank's Career Center at https://www.prosperitybankusa.com/Careers. Applying through any other source may prevent Prosperity from receiving your application. 
Internal Applicants: If you are a current associate of Prosperity Bank, please apply through the internal Talent - Career Center in ADP.


POSITION SUMMARY:   

The Construction Draw Specialist, under direct supervision of the SVP, Construction Loan Monitoring Manager, is responsible for supporting the Construction Monitoring team with servicing for Residential Homebuilder and/or Commercial Construction draw processing.  

PRIMARY DUTIES & RESPONSIBILTIES:

  • Management of portfolio monitoring including, but not limited to:
    1. Residential Interim real estate construction draw process, including managing loan advances, ordering inspections, updating inspection sheets as appropriate and posting of draws to Silverlake, etc.
    2. Commercial Real Estate construction draw process including loan advances, ordering inspections and reports as appropriate and posting of draws to Silverlake, etc.
  • Thorough understanding of and ensure compliance with Credit and Regulatory Policies
  • Other duties and projects as assigned or required

 PHYSICAL DEMANDS & WORK ENVIRONMENT:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Ability to withstand moderate physical activity throughout the workday (standing, walking, reaching).
  • Ability to sit for extended periods of time.
  • Ability to lift or move up to 10 pounds on occasion.
  • Ability to maintain attention and concentration for extended periods of time.
  • Ability to work overtime when required to meet deadlines.
  • Work environment – The noise level is usually low to moderate.

 MINIMUM QUALIFICATIONS (EDUCATION, EXPERIENCE, & SKILLS): 

  • Bachelor’s degree in finance, accounting or business administration preferred
  • 2 years’ experience with Construction draw servicing, Loan Administration, or related construction industry experience 
  • Ability to make appropriate judgments and decisions with limited guidance.
  • Excellent planning and organizational skills, including the ability to work independently on projects of high complexity with minimal supervision.
  • Excellent relationship-building skills, including conflict resolution and negotiation skills.
  • Excellent written and verbal communications skills.
  • Proficient in advanced functionality within Microsoft Excel preferred
  • Ability to multitask in a fast-paced, team environment

Monday-Friday: 8:00AM-5:00PM
40 hours

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