Construction Draw Analyst
Apply NowLocation:
Pittsburgh Area, PA, US
Company:
Kiavi is a leading private lender to residential real estate investors in the U.S., leveraging data and technology for improved capital access.
Summary:
The Construction Draw Analyst will review and approve renovation projects and disburse construction holdback draw funds. The role requires a Bachelor’s degree and 2+ years in relevant roles, preferably in construction or real estate.
Requirements:
Technology: MS Excel, Google Sheets, Google Docs, Salesforce, Oracle
Hard Skills: client coordination, workflow management, documentation review, construction documentation analysis
Credentials: Bachelor's degree
Experience: 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
Job Description:
The Construction Draw team is responsible for reviewing, analyzing and approving renovation projects (for cost, timeline, progress, and completion) and disbursing construction holdback draw funds. This team is a client-facing department that partners with sales, operations, and servicing to build a great customer experience. The Draw Analyst is responsible for facilitating the disbursement of the construction holdbacks while ensuring compliance with loan documentation, credit policy, internal procedures, and applicable state and federal laws. Analysts communicate regularly with borrowers, investors, and internal stakeholders regarding construction holdback funds.
Responsibilities:
- 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.
Qualifications:
- 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.
