Construction Specialist
At First Federal Bank, our core values speak to the heart of our organization and are the essence of our company’s identity. Everything we do is centered around our community , customer service , our stability , and being trustworthy . These values support our mission and vision, shape our culture, and provide a foundation for the future.
Offering a dynamic benefit package that includes but is not limited to:
- Four Medical Plan Offerings to choose from
- Employer HSA Contributions (Coverage/Plan exclusions)
- Employer Provided Life Insurance Policy
- Annual Health Incentive
- Annual Wellness Reimbursement
- Tuition Reimbursement program
- Generous Match 401k Retirement Plan
- Paid Sick Leave
- Paid Vacation Leave
- 11 Paid Holidays based on the Federal Reserve Calendar
If you are ready to take on a challenging and rewarding role; we invite you to apply for this exciting opportunity.
ESSENTIAL FUNCTIONS:
- Responsible for administrating construction draws, orders inspections, verifies funding, checks for Notice to Owners, makes disbursements to contractors/borrowers.
- Obtains contractor affidavits and owner affidavits at each draw, prepares files for modification and works with title companies to schedule modification, converts construction loan to permanent loan on the ITI host system.
- Reconciles loan at each draw to ensure not over funding and within disbursement guidelines.
- Documents and updates appropriate systems for reporting purposes
- Manages pipeline with reports for rate expiration dates, last draw date, interest payments, etc.
- Cross markets financial institution products and services as appropriate.
- Provides the best service to our customers with innovative and creative solutions.
JOB REQUIREMENTS:
- High school diploma or equivalent.
- Experience in an office environment.
- Successful completion of in house training program (if available) or approved outside training program.
- Good understanding of financial institution products and services.
- Ability to deal with time constraints and strong attention to detail.
- Extended hours sitting and performing computer tasks may be required.
- Employees confirm they are able to perform the essential functions of this position to continue employment with First Federal Bank.
Bilingual candidates encouraged to apply.
EQUAL OPPORTUNITY EMPLOYER / VET / DISABILITY
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