CRE Draw Specialist II — Construction Funding & Compliance

Trustmark National Bank; Birmingham (AL); On-site; USD 60,000 - 90,000; Full time

Job summary

Trustmark National Bank in Birmingham, AL is seeking a Commercial Real Estate Draw Specialist II to review draws for complex CRE construction loans and manage the full disbursement process.

You will coordinate with borrowers, contractors, title companies and internal teams to ensure accurate funding, track budgets and milestones, and maintain risk control while meeting loan requirements.

Qualifications

• Bachelor's degree in Finance, Accounting, Real Estate, Construction Management or related field or equivalent experience.
• 3 years experience in reviewing CRE construction draws within a banking or commercial lending environment.
• Ability to manage a high-volume, deadline-driven workload with high attention to detail.
• Knowledge of commercial lending procedures and practices.
• Knowledge of and basic use of accounting and mathematical skills.
• Ability to quickly develop strong working relationships with internal and external partners.
• Strong written and verbal communication skills.
• Proficient knowledge of Microsoft applications including Excel, Word, Teams, Outlook and PowerPoint.
• Good time management skills.
• Must be able to exercise confidentiality with sensitive information.
• Experience with FIS/IBS Insight and ALS preferred.

Responsibilities

• Review complex CRE draw submissions including participations/syndications sold for accuracy, completeness, and alignment with approved construction budgets, including sources and uses and equity contributions.
• Collect, review, and organize required documentation, including inspection reports, contractor's AIA forms, invoices, lien waivers, change orders, title endorsements, permits, insurance certificates, and offsite stored documentation.
• Validate draw requests against completed work, including review of inspection results to confirm accuracy and prevent over-funding.
• Identify, track, and resolve post-closing items and ensure timely completion in accordance with loan requirements.
• Monitor construction budgets, milestones, contingency usage, interest reserve, retainage, remaining availability, and post-closing requirements to identify variances, exceptions, and funding risks.
• Identify, track, and resolve deficiencies or exceptions, including missing documentation, outdated insurance, title issues, or other funding conditions before disbursement.
• Coordinate with title companies, inspectors, attorneys, Relationship Managers, Portfolio Managers, borrowers, contractors, and internal teams to support timely draw processing and funding.
• Recommend whether draw requests should be processed, revised, delayed, or held based on documentation, compliance, and funding readiness.
• Coordinate disbursements, including advances, wires, and interest-only payments, after required approvals are received from the Relationship Manager or Portfolio Manager.
• Prepare project status updates and portfolio-level reporting to support visibility into draw activity, budget status, and outstanding requirements.
• Serve as a primary liaison for clients and stakeholders and partner banks by communicating requirements, providing status updates, resolving issues, and supporting loan operations procedures.
• Maintain and monitor construction budgets, including milestones, contingency usage, retainage, and remaining availability to identify variances, cost overruns, and funding risks.
• Associates are expected to perform all additional duties as assigned.

Skills

Attention to detail

Time management

Communication skills

Microsoft Office

Confidentiality

Relationship building

Financial acumen

Analytical thinking

Education

Bachelor's degree in Finance, Accounting, Real Estate, Construction Management or related field or equivalent experience

Tools

FIS/IBS Insight

ALS

Excel

Word

Teams

Outlook

PowerPoint

Job description

Trustmark National Bank in Birmingham, AL is seeking a Commercial Real Estate Draw Specialist II to review draws for complex CRE construction loans and manage the full disbursement process.

You will coordinate with borrowers, contractors, title companies and internal teams to ensure accurate funding, track budgets and milestones, and maintain risk control while meeting loan requirements.