Kiavi - Draw Analyst (Construction Lending) PST or MST working hours.
Upload My Resume
Drop here or click to browse · PDF, DOCX, DOC, RTF, TXT
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. • 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. • Kiavi takes a market-based approach to pay, and pay may vary depending on your location. Work locations are categorized into one of three tiers based on cost of labor for that geographic area. These ranges may be modified in the future. • Region 1 - $61K to $92K + 5% bonus + benefits • Region 2 - $55K to $83K + 5% bonus + benefits • Region 3 - $50K to $75K + 5% bonus + benefits • To find a location’s tier, please refer to https://kiavi.com/compensation. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries. Within the range, the successful candidate’s starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. Your recruiter can share more about the specific base pay range for your preferred location during the hiring process. Please note that the pay range listed above reflects the base salary only, and does not include the target value benefits.
Responsibilities
• 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.
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. • Medical, Dental, and Vision Insurance: • 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. • Health Savings Account (HSA): • 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. • Disability and Life Insurance: • 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. • Remote Work Policy: • 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. • Flexible Time Off: • 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. • Paid Leaves: • 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. • 401(k) & Company Match: • Protect yourself from recruitment scams: • If you are offered an interview or a role with Kiavi, this will be communicated with you through email, via an official email address ending in @kiavi.com or @lendinghome.com. • You will never be asked for payments of any kind during the process. • We also never communicate with candidates via Whatsapp at any point during the recruitment process. • We won’t ask for personal information or data via text message. If you have any concerns regarding how genuine a text message is, please contact your recruiter. • You can find our official Kiavi careers page here. We advise you to check that the page details and website addresses match if you have any concerns.
Similar Jobs
No credit card. Takes 10 seconds.