What are the responsibilities and job description for the Construction Draw Administrator position at VirtualVocations?
A company is looking for a Construction Draw Administrator to support nationwide offices in managing draw disbursements and ensuring compliance with loan policies.Key ResponsibilitiesFacilitate draw disbursements in compliance with loan documentation and credit policiesAct as a conduit for communication between builders and the bank during the draw processEnsure all projects are tracked and managed efficiently and accurately during the construction periodRequired Qualifications2-year degree or related experience3 years of experience in construction lending, draw management, or a closely related fieldStrong understanding of construction lending and draw disbursement processesBasic accounting knowledgeFavorable credit and background