Loan Disbursement Specialist

divh2Loan Disbursement Specialist/h2pZions Bancorporation is one of the nations premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker as one of the Best Banks to Work For and as having a top banking team in its list of The Most Powerful Women in Banking. Our customers consistently vote us as the best bank in our local markets. We value our employees, and we are committed to search out, recognize and create fulfilling opportunities for outstanding people within our organization, rewarding them for their contributions to our success. We recognize that banking is a local business, and that to be successful, we must have very strong ties to the communities we serve and strong relationships with our customers./ppWith benefits starting on day one, 12 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is dedicated to being an employer of choice in our communities. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity./ppWe are currently seeking a Loan Disbursement Specialist to join our Construction Disbursements Team located in downtown Salt Lake City, Utah./ppThe 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 Salt Lake City 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./ppThe Disbursement Specialist will:/pulliReview, 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./liliPrepare payoff quotes, credit bids, default letters and loan modifications./liliSchedule and direct pre-construction discussion with Borrower, Builder, and RM when requested./liliAdminister participation loans, coordinate with participating/lead bank(s)./liliOrder, input, and review inspection reports./liliUpdates and maintains various reports and ticklers for loan maintenance./liliAssists with and may serve as liaison with lenders, loan administration, and outside vendors./liliMonitor and may process interest rate changes./liliReview loans for past due status, insurance coverage, tickler exceptions, etc./liliEnsure loan administration is consistent with loan documents, bank and department policies and procedures./liliOther duties as assigned./li/ulpRequirements:/pulliSome experience with commercial, construction or loan servicing process and procedures, loan documentation or processing or other directly related experience./liliBasic knowledge of lending disbursement processes, procedures and loan documentation./liliBasic knowledge of standard construction budget and loan servicing practices and techniques./liliMust have good audit, problem solving, data entry and customer service skills./liliAbility to review and process data per loan documentation./liliGood time management and organizational skills./liliMust be accurate, detail oriented and able to multi-task./liliGood communication skills, both verbal and written./liliBasic knowledge of computer software programs such as word, excel, etc./liliRequires High School Degree or Equivalent/liliA combination of education and experience may meet job requirements./li/ulpLocation:/pulliThis position is 5 days in-office and can be filled at our downtown office in any of the following locations:/liliPhoenix, AZ/liliIrvine, CA/liliHouston, TX/liliSalt Lake City, UT/li/ulpPay range (depending on location and experience): $19-32/hr/ppBenefits :/pulliMedical, Dental and Vision Insurance - START DAY ONE!/liliLife and Disability Insurance, Paid Parental Leave and Adoption Assistance/liliHealth Savings (HSA), Flexible Spending (FSA) and dependent care accounts/liliPaid Training, Paid Time Off (PTO) and 11 Paid Federal Holidays/lili401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience/liliMental health benefits including coaching and therapy sessions/liliTuition Reimbursement for qualifying employees/liliEmployee Ambassador preferred banking products/li/ulpApply 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./p/div