Senior Construction Disbursement Lead - Funding & Budgets

Banc of California; San Diego (CA); On-site; USD 90,000 - 125,000; Full time

Benefits offered by this job

401k with company match

Health insurance options

Paid time off

Tuition reimbursement

Mentorship program

Job summary

Banc of California is seeking a construction disbursement professional to manage funding on complex commercial loans in collaboration with loan officers and borrowers. You’ll verify budgets, coordinate with fund control firms, and ensure accurate Master Funding Ledgers and disbursement statements throughout all project stages.

The role requires 3–5 years of construction disbursement and commercial lending experience, SBA 7(a) familiarity, and strong Excel and reporting skills.

Qualifications

• 3 to 5 years Construction Disbursement and Commercial Lending experience is required.
• SBA 7(a) experience preferred.
• College degree or equivalent experience is preferred.
• Ability to work in Word, Outlook and Excel.
• Ability to create reports.
• Strong knowledge of escrow, title, UCC, and lender due-diligence/verification processes.
• Strong knowledge of commercial loan processing, documentation, closing procedures, underwriting requirements, and terminology.
• Strong knowledge of the Construction Process and typical Disbursement requirements.
• Ability to manage multiple tasks/projects and deadlines simultaneously.
• Possess strong analytical skills.
• Be a self-starter and detail-oriented.
• High School diploma or equivalent required.

Responsibilities

• At loan closing, establish the final Master Funding Ledger to include all funding sources and uses.
• Review and approve the initial Master Funding Ledger prepared by REIG disbursement team.
• Ensure project budgets are accurately set up.
• Coordinate fund control requests and project inspections.
• Prepare and monitor funding reports for management.
• Disburse draws using the funding source and notify recipient of funds.
• Ensure Master Funding Ledger is updated regularly with current construction progress.

Skills

Construction disbursement

Commercial lending

SBA 7(a) experience

MS Office

Excel

Budgeting

Reporting

Multi-tasking

Analytical skills

Education

College degree or equivalent

High School diploma or equivalent

Tools

Word

Outlook

Excel

Job description

Banc of California is seeking a construction disbursement professional to manage funding on complex commercial loans in collaboration with loan officers and borrowers. You’ll verify budgets, coordinate with fund control firms, and ensure accurate Master Funding Ledgers and disbursement statements throughout all project stages.

The role requires 3–5 years of construction disbursement and commercial lending experience, SBA 7(a) familiarity, and strong Excel and reporting skills.