Review and meticulously analyze complex initial documentation for new construction (including plans, permits, budgets, and detailed construction schedules) to validate project readiness and budget alignment prior to draw.
Critically evaluate and determine appropriate phased draw disbursements on all ground up construction loans, focusing on validating progress against detailed construction schedules and confirming key milestones (e.g., foundation, framing completion) through inspection reports and documentation.
Ensure compliance with loan documents, credit policy, and applicable state and federal laws.
Coordinate and maintain communications with all parties involved in the draw process including but not limited to borrowers, contractors, account managers, third party inspectors, and brokers.
Process the draw disbursements in a high quality and timely manner that aligns with our policies and procedures.
Coordinate with other departments to resolve matters pertaining to loan violations, payment delinquencies, and wire transfer issues.

Requirements

Proven experience (2+ years) in construction funds control, draw management, or loan servicing with a direct focus on ground up residential or commercial projects is highly preferred.
Experience within the construction industry, funds control, real estate/mortgage, loan servicing or other related industry preferred.
Bachelor’s degree in a related field is preferred.
Deep knowledge of the phased construction life cycle for residential ground up projects and the corresponding industry-standard documentation (AIA G702/703 forms, lien waivers, sworn statements, etc.).
General knowledge with construction and mortgage terminology.
Excellent computing skills and experience including but not limited to MS Excel, Google Sheets, and Google Docs.
Experience in using database platforms, such as Salesforce or Oracle, a plus.
Experience with Draw Management software is preferred.
Strong verbal and written communication skills and ability to handle large volume of emails on regular basis.

Benefits

Medical, Dental, and Vision Insurance: Kiavi offers free employee-only coverage for medical, dental, and vision plans. Dependents receive a heavily discounted premium, competitively placed in the 90th percentile for cost.
Health Savings Account (HSA): For those enrolled in a High Deductible Health Plan (HDHP), Kiavi provides an annual employer contribution to HSAs: $1,000 for individual coverage and $2,000 for dependents.
Disability and Life Insurance: Immediate access to short-term and long-term disability insurance, as well as group life and AD&D insurance, with coverage at 1x annual salary.
Remote Work Policy: Kiavi supports working remotely for day to day activities for most roles and occasionally may ask employees to gather in person for key meetings, training, team building etc. For remote workers, Kiavi offers a one-time office setup reimbursement of up to $500 and a monthly $85 stipend for internet and phone expenses. For in-office workers, Kiavi offers employer contributions to commuter benefits account, either for parking or public transportation.
Flexible Time Off: Employees are empowered to manage their own time off, with no strict limits, as long as it's approved by their manager.
Paid Leaves: Up to 8 weeks of paid leave for medical or caregiver purposes, and 12 weeks of paid maternity/paternity leave. Short-term disability leave is also available for birthing mothers.
401(k) & Company Match: A 401(k) plan managed by Fidelity, with Kiavi matching 100% of contributions up to 3% of compensation or $8,000 (whichever is less). All employer contributions are immediately vested.

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools

construction funds controldraw managementloan servicingphased construction life cycleAIA G702/703 formslien waiverssworn statementsbudget analysisinspection reportscompliance

Soft Skills

communication skillsorganizational skillsanalytical skillsattention to detailproblem-solving skillsinterpersonal skillstime managementteam coordinationcustomer serviceadaptability