Senior Construction Funding Specialist

Banc of California; Los Angeles (CA); On-site; USD 95,000 - 130,000; Full time

Benefits offered by this job

401k with company match

Medical, dental, vision insurance

Paid time off & holidays

Tuition reimbursement

Job summary

Banc of California is seeking an experienced professional to manage construction disbursements and complex commercial lending. You will work with loan closings, funding ledgers, and fund-control processes to ensure accurate funding across projects.

The role requires 3–5 years in construction disbursement and lending, plus strong knowledge of escrow, title, and loan verification. Competitive benefits accompany a full-time on-site position in Los Angeles.

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.
• Knowledge of escrow, title, UCC, and lender due-diligence/verification processes is essential.
• Knowledge of commercial loan processing, documentation, closing procedures, underwriting requirements, and terminology.

Responsibilities

• Establish the final Master Funding Ledger at loan closing with all funding sources and uses.
• Review and approve initial Master Funding Ledger prepared by REIG disbursement team.
• Ensure project budgets are set up through approved fund control companies.
• Coordinate fund control requests and project inspections.
• Prepare and monitor funding reports for management.
• Disburse draws using the appropriate funding source and notify recipients of funds.
• Maintain Master Funding Ledger reflecting project progress and remaining funds.

Skills

Construction Disbursement

Commercial Lending

SBA 7(a) experience

Report creation

Multi-tasking

Education

College degree

Job description

Banc of California is seeking an experienced professional to manage construction disbursements and complex commercial lending. You will work with loan closings, funding ledgers, and fund-control processes to ensure accurate funding across projects.

The role requires 3–5 years in construction disbursement and lending, plus strong knowledge of escrow, title, and loan verification. Competitive benefits accompany a full-time on-site position in Los Angeles.