Construction Draw Specialist - Hybrid/Remote Options

The Federal Savings Bank; Chicago (IL); Hybrid; USD 55,000 - 80,000; Full time

Benefits offered by this job

Medical, Dental, and Vision insurance plans

401k with partial match

Paid time off increasing with tenure

Education Reimbursement

Job summary

The Federal Savings Bank is looking for a Construction Draw Administrator to support nationwide offices. This position involves facilitating draw disbursements and managing communication between builders and the bank.

Ideal candidates will have strong communication and organizational skills, a relevant degree or experience, and the ability to manage multiple tasks. The role offers a hybrid work schedule based in Chicago, IL, with a competitive salary and benefits.

Qualifications

• 0-3 years of experience in construction lending or closely related field.
• Ability to manage multiple tasks and prioritize effectively.
• Basic accounting knowledge is preferred.

Responsibilities

• Facilitate draw disbursements in compliance with loan documentation.
• Ensure all projects are tracked and managed accurately.
• Act as a conduit for communication between builders and the bank.

Skills

Strong understanding of construction lending

Excellent interpersonal skills

Detail-oriented with commitment to accuracy

Customer service orientation

Microsoft Office Suite proficiency

Education

4 year Degree in Business, Finance, or Accounting

Tools

Encompass Loan Origination Software

Fiserv (Cleartouch) software

Job description

The Federal Savings Bank is looking for a Construction Draw Administrator to support nationwide offices. This position involves facilitating draw disbursements and managing communication between builders and the bank.

Ideal candidates will have strong communication and organizational skills, a relevant degree or experience, and the ability to manage multiple tasks. The role offers a hybrid work schedule based in Chicago, IL, with a competitive salary and benefits.