Loan Disbursement Specialist

We are currently seeking a Loan Disbursement Specialist to join our Construction Disbursements Team located in downtown Irvine, California. The Construction Disbursement Administration (CDA) group is responsible for managing roughly 200 commercial construction projects simultaneously. We work with multiple departments around the Bancorp to ensure that construction is progressing properly and all agreements within the loan documentation are being followed by all parties. We have currently switched to a new construction monitoring system and are working to streamline and improve our processes in all aspects of construction monitoring. The Irvine group works closely with one another and we maintain a collaborative mentality when monitoring the construction loans assigned to us. We are looking for someone who is willing to work hard and jump in with both feet into our team and help us maintain our high standards of service within the department. Disbursement Specialist will: Review, analyze and process customer loan draws for commercial and residential construction projects, loan fund disbursements, equity draws, etc., including review of invoices, lien waivers, and budget. Prepare payoff quotes. Schedule and direct pre-construction discussion with Borrower, Builder, and RM when requested. Administer participation loans, coordinate with participating/lead bank(s). Order, input, and review inspection reports. Updates and maintains various reports and ticklers for loan maintenance. Assists with and may serve as liaison with lenders, loan administration, and outside vendors. Monitor and may process interest rate changes. Review loans for past due status, insurance coverage, tickler exceptions, etc. Ensure loan administration is consistent with loan documents, bank and department policies and procedures. Other duties as assigned. Requirements: Experience with commercial, construction or loan servicing process and procedures, loan documentation or processing or other directly related experience. Knowledge of lending disbursement processes, procedures and loan documentation. Knowledge of standard construction budget and loan servicing practices and techniques. Must have good audit, problem solving, data entry and customer service skills. Ability to review and process data per loan documentation. Good time management and organizational skills. Must be accurate, detail oriented and able to multi-task. Good communication skills, both verbal and written. Knowledge of computer software programs such as Outlook, Word, Excel, etc. Requires High School Degree or Equivalent A combination of education and experience may meet job requirements. Works effectively with minimal supervision and consistently takes initiative to meet all established SLA requirements. Location: This position is 5 days in-office and can be filled at our downtown office in any of the following locations: Irvine, CA Pay range (depending on location and experience): $22-45/hr Benefits: Medical, Dental and Vision Insurance - START DAY ONE! Life and Disability Insurance, Paid Parental Leave and Adoption Assistance Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts Paid Training, Paid Time Off (PTO) and 11 Paid Federal Holidays 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience Mental health benefits including coaching and therapy sessions Tuition Reimbursement for qualifying employees Employee Ambassador preferred banking products Apply now if you have a passion for impactful outcomes, enjoy working collaboratively with co-workers, and want to make a difference for the clients and communities we serve. Req ID: 070059 Equal Opportunity Employer It is the policy of this corporation to provide equal employment and advancement opportunities to all employees and applicants for employment, without regard to race, color, religion, age (40 and over), sex, pregnancy, gender, disability, national origin, ethnic background, citizenship, veteran status, sexual orientation, gender identity and expression or any other characteristic protected by applicable law. This policy is established and administered in accordance with all applicable federal, state, and local laws. If you are an individual with disabilities who needs accommodation, or you are having difficulty using our website to apply for employment, please contact us at View phone number on click.appcast.io, Mon.-Fri. between 9 a.m. - 5 p.m. MST. Click here to view applicable Federal, State and/or local employment law posters. #J-18808-Ljbffr Zions Bancorporation