Construction Draw Specialist

Construction Draw Specialist

Guild Mortgage Company, closing loans and opening doors since 1960. As a mortgage banking firm we are dedicated to serving the home owner/buyer. Our goal is to provide affordable home financing for our customers, utilizing the best terms available while providing a level of professionalism and service unsurpassed in the lending industry.

Position Summary

The Construction Draw Specialist is a full-time, on-site position and plays an important role in the organization by performing several tasks related to the Construction Department's loan servicing and administrative functions. This role requires a strong leader with extensive experience in commercial loan servicing operations, compliance, and customer service. Responsibilities include reviewing and approving invoices, managing budgets, and maintaining accurate records. The specialist will also collaborate with internal teams to align construction projects with company policies and timelines.

Essential Functions

• Using BUILT Technology draw software to manage draw requests, including uploading documents, entering construction budgets, reconciling expenses, and balancing our CORE system to ensure accurate tracking of loan funds.
• Oversee and process construction loan draw requests, lien wavers, order property inspection reports, review loan advances, payments, payoffs, process loan extension agreements, and prepare loan closing documents.
• Keep track of project timelines, delays, and proactively monitor construction portfolio to ensure project progression.
• Build and maintain strong relationships with customers, builders, developers, and company personnel.
• Collaborate with other departments, including loan origination, underwriting, and compliance, to streamline processes and improve efficiency.
• Provide a high level of clerical assistance to Construction Lending Manager as needed, this may include acquisition & development loan and guidance line of credit loan tracking, compiling basic reports, ordering insurance, ordering appraisals, title and escrow documents, etc.
• Ensure compliance with all applicable federal, state, and investor guidelines, as well as company policies and procedures.
• Perform other duties as assigned.

Qualifications

Education

• Required High School Diploma or equivalent
• Preferred bachelor's degree directly related to the position or equivalent, bachelor's degree in business, finance, construction lending, or a related field.
• Minimum of three years' experience in construction loan servicing related role(s).

Skills

• Analytical skills: Proven analytical and problem-solving skills, with the ability to make sound decisions in a fast-paced environment.
• Excellent interpersonal communication skills required.
• Ability to organize and manage multiple priorities simultaneously: Ability to thrive in a deadline-driven environment, including demonstrating excellent time management, organization, and planning skills. Ability to organize and manage multiple priorities simultaneously and adapt to new processes.

Additional Qualifications

• Understanding of budgeting & accounting principles, construction finance, the building process, and associated industry terminology preferred.
• Expert-level knowledge of overall lending processes, including underwriting, funding, and loan processing
• Demonstrated leadership
• Prior experience processing or originating loans is helpful and strongly preferred.
• Proficiency in Built Technologies construction draw processing software.
• Self-motivated with a strong attention to detail.

Company Required Skills

• Excellent verbal and written communication skills required.
• Highly organized and detail-oriented; ability to work in a fast-paced, metrics-driven environment required.
• Proficiency in Microsoft Office Suite, Word, Excel, Wiki, collaborative cloud-based programs, and third-party software applications required.
• Commitment to company values:
• Customer Service - Proactive attention to each person
• Integrity - Do and say what's right
• Respect - Treat others with dignity
• Collaboration - Listen and work together
• Learning - Seek knowledge and strive for improvement
• Excellence Deliver the unexpected

Physical Demands

• Physical Demands: Work is primarily sedentary; mobility in an office setting.
• Manual Dexterity: Ability to operate standard office equipment and keyboards
• Audio/Visual: Regularly required to accurately perceive, distinguish and interpret information received visually and through audio; e.g., words, numbers and other data broadcasted aloud/viewed on a screen, as well as print and other media.
• Environmental: Office environment moderate noise, no substantial exposure to adverse environmental conditions.
• Travel: None
• Mental: Learn new tasks, remember processes, maintain focus, complete tasks independently, and make timely decisions in the context of a workflow.
• Schedules: Work is primarily performed during the business week, Monday - Friday

Authority Level

• Job Scope: Responsible for understanding the department/functional area objectives and goals and how own job contributes to achievement of these goals with guidance/direction from more senior roles
• Complexity: Solves simple problems and escalates complex issues
• Impact: Decisions and actions impact primarily workflow, processes and timeframes
• Interaction/Supervision: Works under direct supervision; Generally, interacts with colleagues and the public on routine matters
• No direct or indirect reports.

Guild offers a pleasant work environment, competitive compensation and excellent benefits package; including medical, dental, vision, life insurance, AD&D, LTD and 401(k) with employer match.

Target Salary Range: $24.6870 to $37.0524 USD

Compensation at Guild is influenced by a wide array of factors including but not limited to local and federal minimum wage requirements, education, level of experience, and applicant's geographical location. This position offers eligibility for incentive compensation.

Guild Mortgage Company is an Equal Opportunity Employer.

Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.