Construction Loan Disbursement Specialist II

Fifth Third Bank; Grand Rapids (MI); On-site; USD 54,000 - 112,000; Full time

Job summary

Fifth Third Bank is seeking a Construction Loan Administrator II to manage disbursements for complex commercial construction projects. The candidate will review budgets, verify documentation, and coordinate with the Construction Loan Project Manager to ensure on-time funding and accurate record-keeping.

The role requires an undergraduate degree in Business or Accounting and 3–5+ years of experience. Base pay ranges from 54,400 to 111,500 USD annually, with eligibility for incentive compensation

Qualifications

• Requires undergraduate degree in Business or Accounting and 3–5+ years in administering complex commercial construction loan disbursements.
• Strong customer service, numerical aptitude, and understanding of loan documents and terms.
• Ability to identify construction risks and present mitigation solutions.

Responsibilities

• Review budgets to confirm sufficient funding and loan commitment.
• Communicate project progress and issues to the Construction Loan Project Manager.
• Identify required documentation and verify for appropriateness.
• Recommend disbursement approvals to the Construction Loan Project Manager.
• Maintain construction files and ensure loans are properly set up in systems.

Skills

Construction loan disbursements

Budgeting

Risk assessment

Communication

Education

Bachelor's degree in Business or Accounting

Job description

Fifth Third Bank is seeking a Construction Loan Administrator II to manage disbursements for complex commercial construction projects. The candidate will review budgets, verify documentation, and coordinate with the Construction Loan Project Manager to ensure on-time funding and accurate record-keeping.

The role requires an undergraduate degree in Business or Accounting and 3–5+ years of experience. Base pay ranges from 54,400 to 111,500 USD annually, with eligibility for incentive compensation