Construction Draw Coordinator

Stallion Funding- 10119 Lake Creek Pkwy Suite 202 Austin, TX 78729

Job Description:

Ownership of the real estate construction draw process, from draw request to disbursement of funds.

Position Summary:

Stallion Funding is looking for a Construction Draw Coordinator to join our team. The ideal candidate is organized and detail-orientated with construction draw process experience and is customer centric with excellent communication skills and persistence in follow-up. Prior real estate or lending experience is not required but highly preferred. If you are a deadline-driven professional with a strong work ethic and real estate construction loan processing experience, We want to hear from you!

Responsibilities Include But Are Not Limited To:

Manage the construction budgets for the Borrowers. Full responsibility of budgets in the accounting system, including onboarding and status of construction projects
Process weekly construction draw requests
Communicate with Borrowers to guarantee timely processing of draw requests
Ensure draw support information is collected and properly saved to loan files
Order funding and inspections related to draw requests
Review inspection results, recommend disbursements, and process approved payments (wires and checks)
Issue updated construction budgets to borrowers following each draw
Maintain the relationships with the inspection companies
Continuously review and develop the existing construction draw process to mitigate risk and proactively enhance customer experience
Support Loan Servicing department tasks and customer support
Assist with special projects as needed
This job requires attendance at the office to perform all job duties. This position works in line with the hours of operation for the office of 8:30am – 5:00pm, Monday – Friday. Occasional night and weekend work may be required.

Characteristics of Ideal Candidate:

Accounting and or accounts payable experience; strong financial acumen preferred
Bilingual – Spanish/English strongly preferred
Attention to detail and persistence in follow-up
Energized by multi-tasking and capable of prioritizing multiple tasks with ease
Comfortable with communicating via phone and email in a professional setting
Coachable and Flexible
Collaborative
Self-starter. This position will not be micro-managed
Office administration experience strongly preferred
Proficient Excel skills

Benefits:

• 2 weeks paid vacation + paid holidays

• Health, vision, dental benefits

• 401(k)

• Small office environment / atmosphere

• Office kitchen with fridge, microwave, coffee, and snacks

Stallion Funding, LLC

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Construction Draw Coordinator