Construction Disbursement Loan Administrator II

Construction Disbursement Loan Administrator II

At Columbia, we create a great place to work by offering a unique brand of relationship banking and fostering a culture where associates thrive. We are dedicated to supporting our customers and communities, and we can only achieve this through the dedication of our associates. We value Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships, and we are eager to meet candidates who embody these core values. We are always on the lookout for results-focused individuals who can think independently, work collaboratively, and support our broader purpose. Think of us as financial partners, because at Columbia, we believe the best way forward is together. Together for people. Together for business. Together for better.

About the Role

A Construction Disbursement Loan Administrator II is responsible for managing a complex commercial construction loan portfolio and reviewing CRE construction due diligence, loan documents and draw packages in accordance with credit policy requirements for risk management, with responsibility for protecting the Bank's interest through proper documentation, ensuring all approved terms and conditions are properly implemented throughout the administration of the construction loan and the accompanying draws.

Responsibilities include :

• Review and transaction processing of complex commercial construction loans and draw packages.
• Serving as a subject matter expert in disbursement administration.
• Participating in projects and project teams.
• Monitoring loans in process and maintaining pipeline reports.
• Engaging and coordinating third party consultants for cost reviews and site inspections.
• Coordinating receipt of borrower draw request packages.
• Working in partnership with Relationship Managers, Underwriters, Loan Administrators, and other Bank associates.
• Reviewing and analyzing land surveys, construction contracts, construction schedules, environmental assessments, project cost reviews, building inspection reports, etc.
• Maintaining loan files and draw files with sufficient documentation.
• Analyzing proposed construction budgets.
• Analyzing the final settlement statement and internal disbursement summary.
• Analyzing and reconciling construction draw requests.
• Creating and maintaining a bank budget for tracking construction draws and interest reserve advances.
• Practicing clear and open communication with customers and internal partners.
• Monitoring and managing interest reserve budgets and payments.
• Demonstrating compliance with all bank regulations.
• Following all Bank policies and procedures.
• Maintaining a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security, and other regulations.
• May perform other duties as assigned.

About You :

Job Location(s) : Ability to work fully onsite at posted location(s).

Mountlake Terrace, WA Walnut Creek, CA

Our Benefits :

We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $75,000.00 - $105,000.00, and the pay rate for the selected candidate is dependent up on a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation and those details will be provided during the recruitment process.

We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.

Our Commitment to Diversity : Columbia Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email : careers@columbiabank.com.