Kiavi
Speed to close. Power to scale. NMLS #1125207 | Equal Housing Lender
Construction Draw Analyst
Location
United States
Posted
40 days ago
Salary
$50K - $75K / year
Bachelor Degree2 yrs expEnglishOracle
Job Description
• Evaluate and determine appropriate draw disbursement on all holdback construction loans by collecting, reviewing and analyzing the related construction documentation and inspection photos.
• 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 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 loan violations, payment delinquencies, and wire transfer issues.
Job Requirements
- Bachelor’s degree required.
- 2+ years work experience in like-minded roles emphasizing client coordination, workflow management, and/or documentation review.
- Experience within the construction industry, funds control, real estate/mortgage, loan servicing or other related industry preferred.
- General knowledge and familiarity with the residential construction process.
- 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.
- Strong verbal and written communication skills and ability to handle large volume of emails on a regular basis.
- Preference will be given to candidates with bilingual proficiency in Spanish.
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.
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