Construction Draw Specialist

Celtic Bank • Salt Lake City, UT • 1d ago

Reach Your Potential at Celtic Bank! You're brave, ambitious, and passionate in everything you do? We want you on our team! The Construction Draw Specialist is required to convey an image of professionalism, efficiency, and competence as a member of the Celtic Bank team. The Construction Draw Specialist is expected to deliver exceptional service and maintain all related activities in an organized and consistent manner. As a Construction Draw Specialist you will work closely with the borrower and general contractors to review, reconcile, and execute new construction draw requests. You will collaborate closely with team members across various departments to ensure deadlines are achieved and will be responsible for ensuring compliance with Celtic Bank General Policies as well as state and federal regulations.

With this job you will have the opportunity to work in a fast-paced environment where you are able to interact with internal groups, clients and contractors across the nation on various @types of projects. Be it analyzing a project budget, processing draws and finding solutions to challenges that may arise through the construction process, or performing loan servicing actions, there is always something to continue your learning and progression.

The ideal Construction Draw Specialist candidate has some experience with processing and/or preparing draw requests in a lending environment or accounts payable in a general contractor environment, is highly detail-oriented, and has a good understanding of budgets.

Essential Job Functions

Manage a portfolio of construction loans in various loan stages.

Leveraging technology to manage draw request files, including uploading documents, entering budget numbers, and reconciling expenses.

Keeping track of project timelines and possible delays.

Processing loan extensions in a timely manner if projects are delayed.

Review all construction loan documentation in post-closings for accuracy and compliance.

Order and review construction project progress inspections and reconciling construction budget.

Conduct in-depth analysis of project sources and uses, construction budgets, architectural plan & site plan review and project financial information.

Administer construction draws for the duration of the construction project.

Proactively monitor assigned construction portfolio project status.

Maintain strong working relationship with borrower and general contractor.

Complies with and adheres to all regulatory compliance areas, policies and procedures and best practices.

Perform other duties as assigned.

Requirements

ESSENTIAL SKILLS:

Knowledge of commercial construction lending practices and procedures is preferred.

Understanding of budgeting & accounting principles.

At least 6 months of experience with commercial construction draws/lien waivers preferred.

Fluency in construction finance, the building process, and associated language preferred.

Technologically-savvy with a mastery of Adobe Acrobat DC, Microsoft 365 (Excel, Word, PowerPoint, OneDrive, Salesforce), and other software platforms. Specifically, "Built Technologies" construction draw processing software.

Detail oriented and possess excellent interpersonal, organizational, and communication (verbal and written) skills.

Ability to problem solve and work independently.

Must possess the ability to prioritize and support various activities simultaneously.

Ability to thrive in a deadline-driven environment, including demonstrating excellent time management, organization, and planning skills.

Ability to learn quickly, adapt to new processes, and work in a collaborative environment.

Ability to establish and maintain effective work relationships.

Benefits

Medical, dental, vision

401(k) with employer match

Life and long-term disability coverage

HSA and FSA plans

Holidays and paid time off requests

Robust wellness program (we're talking catered meals three times a week, lunch and learns, and onsite gym!)

Headquartered in the heart of downtown Salt Lake City, Utah, Celtic Bank was named a top SBA lender in the nation in 2024! Celtic Bank is a leading nationwide lender specializing in SBA 7(a), SBA 504, USDA B&I, express loans, asset-based loans, commercial real estate loans and commercial construction loans.

Celtic Bank is an equal opportunity employer and complies with all applicable federal, state and local fair employment practices laws.

Physical and Other Requirements

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. The demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Stationary Work: The employee is frequently required to stand; walk; use hands to @type, handle documents, and perform other office related duties. Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects.

Mobility: The employee in this position needs to occasionally move between work sites and inside the office to access file cabinets, office machinery, etc.

Communicate: The employee is regularly required to talk or hear and will frequently communicate with others. Must be able to read, write and understand fluent English.

Work Model: The employee in this position will work either a fully Onsite, or Hybrid work model. All employees, regardless of location, may be required to travel to the Salt Lake City office for mandatory company meetings, events, or related occasions.

Utah-based employees: Hybrid work schedule available after initial training period in our Salt Lake City, Utah office - department and job requirements will determine eligibility.

Similar Jobs

Project Manager - Construction

HASKELL COMPANY, THE • Salt Lake City, UT • 9h ago

Trucking & Construction

Project Manager - Construction Job Locations US-FL-Jacksonville | US-NC-Charlotte | US-GA-Atlanta | US-TX-Frisco | US-UT-Salt Lake City Requisition ID 5318 Category Project Management Overview Are you ready to move your...

9h ago

Go to Apply

Construction Project Inspector

GREATER SALT LAKE MUNICIPAL SERVICES DISTRICT • Taylorsville, UT • 9h ago

Trucking & Construction

JOB SUMMARY Under general supervision of the Engineering Manager, inspects, documents, and maintains construction site records. Reviews construction plans. MINIMUM EDUCATION QUALIFICATION Must have at least five (5) year...

9h ago

Go to Apply

Construction Technology Specialist

RDO Equipment Co. • Murray, UT • 9h ago

Trucking & Construction

Description This individual will build strong customer relationships by performing onsite service, installations, and product support across the area of responsibility; address customer concerns; promote aftermarket sale...

9h ago

Go to Apply

The Perry Group: Construction Manager 2 (power & electrical, field)

CDM Smith • Salt Lake City, UT • 9h ago

Trucking & Construction

41944BR Requisition ID: 41944BR Business Unit: LPG Job Description: The Perry Group is seeking an experienced heavy industrial Construction Manager with particular experience on power projects with electrical background....

9h ago

Go to Apply

The Perry Group: Construction Manager 2 (power & electrical, field)

CDM Smith • West Valley City, UT • 9h ago

Trucking & Construction

9h ago

Go to Apply

The Perry Group: Construction Manager 2 (power & electrical, field)

CDM Smith • West Jordan, UT • 23h ago

Trucking & Construction

23h ago

Go to Apply

Traveling Construction Superintendent

Actalent • Salt Lake City, UT • 1d ago

Trucking & Construction

Job Title: Traveling Construction Superintendent Job Description We are seeking a dedicated Traveling Construction Superintendent for an exciting 8+ month project in Sunnyvale, CA (first project, then traveling after). T...

1d ago

Go to Apply

Construction Technology Specialist

RDO Equipment • Murray, UT • 1d ago

Trucking & Construction

1d ago

Go to Apply

Local Truck Driver

J.B. Hunt Transport • Salt Lake City, UT • 2d ago

Trucking & Construction

Looking for dedicated truck driving jobs? J.B. Hunt is hiring local CDL-A drivers! Become a Dedicated Contract Services- driver and start enjoying consistent freight and deliveries for a single customer. Job Details: Ave...

2d ago

Go to Apply

Truck Driver - Class A - Penske Logistics

Penske • Salt Lake City, UT • 2d ago

Trucking & Construction

Immediate Opportunities: Full-time Class A CDL Truck Drivers Average $88599 per year Mostly home daily What you will do: Perform multi-stop deliveries of parts and supplies to automotive dealerships Unload trailer using...

2d ago

Go to Apply

Subscribe to get new jobs sent directly to you
(no charge, cancel anytime)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.