Construction Loan Admin Specialist: Draws & Budget Control

SouthState Bank Corporation; Winter Haven (FL); On-site; USD 60,000 - 96,000; Full time

Job summary

SouthState Bank seeks a Construction Loan Draw Specialist in Florida to join Loan Administration. You will manage commercial construction loan draws, review budgets, and ensure timely processing in line with policy and procedures.

Responsibilities include approval decisions on draws, monitoring budgets and schedules, collecting lien releases and related documents, and coaching lenders for a smooth construction process.

Qualifications

• Experience with mortgage or commercial banking; 3+ years preferred.
• Strong analytical and written/verbal communication skills.

Responsibilities

• Manage commercial construction loan draws with accurate, timely processing per policy.
• Review and approve construction draws and monitor project budgets.
• Ensure projects stay on time and within budget; manage HVCRE designated loans.
• Validate inspection reports and invoices and decide draw approvals or adjustments.
• Monitor budget changes, allocate funds or require borrower equity as needed.
• Collect and manage documents for draw releases (lien releases, surveys, insurance, change orders).
• Maintain project budget workbook and supporting documentation.
• Coach lenders to ensure a smooth construction process.
• Coordinate final code conversions for reporting as loans transition from construction to term.
• Identify potential issues affecting collateral or repayment.

Skills

Excel

Clear communication

Education

College Degree

Job description

SouthState Bank seeks a Construction Loan Draw Specialist in Florida to join Loan Administration. You will manage commercial construction loan draws, review budgets, and ensure timely processing in line with policy and procedures.

Responsibilities include approval decisions on draws, monitoring budgets and schedules, collecting lien releases and related documents, and coaching lenders for a smooth construction process.