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2 Construction Draw - Loan Servicing Specialist Jobs in Idaho Falls, ID

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Bank of Idaho
Idaho Falls, ID | Full Time
$41k-59k (estimate)
Just Posted
Bank of Idaho
Idaho Falls, ID | Full Time
$41k-59k (estimate)
Just Posted
Construction Draw - Loan Servicing Specialist
Bank of Idaho Idaho Falls, ID
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$41k-59k (estimate)
Full Time Just Posted
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Bank of Idaho is Hiring a Construction Draw - Loan Servicing Specialist Near Idaho Falls, ID

POSITION DESCRIPTION :
A Construction Draw and Loan Servicing Specialist processes, tracks, posts, and maintains files on individual construction loans. This role also provides general administrative support to the Loan Officers in a professional office/client service environment.
The ideal candidate is highly organized, detail oriented, and provides exceptional customer service. Experience in the construction or mortgage industry is a plus.
This is an on-site role in Idaho Falls.
A Construction Loan and Support Specialist's Day would generally look like but is not limited to;
ESSENTIAL DUTIES AND RESPONSIBILITIES :
  • Monitoring emails for client's questions and construction activities.
  • Input and setup of new budgets into the Construction platform for Commercial and Mortgage.
  • Managing the draw requests and following up with clients and General Contractors for any missing information or incomplete documentation.
  • Ordering inspections.
  • Reviewing clients' draws for accuracy and compliance.
  • Draw funding.
  • Managing the final draws (ordering inspections, re-certifications of values, requesting required documentation from Builder/Borrower to process final draw).
  • Managing upcoming construction term expirations. Work with the client and builder to process construction term extensions and or modifications for the permanent phase.
  • Provide construction project status reporting to upper management.
The main day to day will be primarily processing draws but will also include the following:
  • Performing general clerical duties including data entry, boarding new loans to the core accounting system, escrow servicing, filing, loan payment processing, payoff letters, management of loan files.
  • Other duties as assigned.
Requirements
Desired Qualifications:
•Strong written and verbal communication skills.
•Loan servicing experience
•Construction loan administrator experience a plus.
  • Quick learner and adapt to new processes and procedures.
  • Technologically-savvy including but not limited to Adobe, Microsoft 365, Coe-banking software and other software platforms.
  • Strong work ethic, attention to detail, and resourceful.
  • Capable of working independently and as a member of a team.
  • Ability to work under pressure and meet deadlines.
PHYSICAL REQUIREMENTS:
  • Ability to work full time, 40 hours per week
  • Ability to work additional hours if there is a business need
  • Standing occasionally, 33%-65% per day
To fulfill your essential job responsibilities, you must meet these physical requirements.
The above-mentioned job description is not intended to describe, in detail, the multitude of tasks that may be assigned but rather to give the employee a general sense of the responsibilities and expectations of his/her position. As the nature of business demands change so, too, may the essential functions of this position.

Job Summary

JOB TYPE

Full Time

SALARY

$41k-59k (estimate)

POST DATE

05/29/2024

EXPIRATION DATE

06/11/2024

WEBSITE

bankofidaho.com

HEADQUARTERS

IDAHO FALLS, ID

SIZE

50 - 100

FOUNDED

1985

TYPE

Private

CEO

WILLIAM F RIGBY

REVENUE

$10M - $50M

INDUSTRY

Banking

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About Bank of Idaho

Bank of Idahois a community financial institution that engages in providing the banking products and services.

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