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Construction Disbursement Officer - Remote

at First American in Chicago, Illinois, United States

Job Description

Who We AreJoin a team that puts its People First! As a member of First American's family of companies, National Commercial Services provides single-point service for simple to multi-property/multi-state national commercial real estate transactions. Since 1889, First American (NYSE: FAF) has held an unwavering belief in its people. They are passionate about what they do, and we are equally passionate about fostering an environment where all feel welcome, supported, and empowered to be innovative and reach their full potential. Our inclusive, people-first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For list for nine consecutive years. We have also earned awards as a best place to work for women, diversity and LGBTQ+ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all. For more information, please visit www.careers.firstam.com.

What We DoWork as a dynamic team providing best in class service and support in the commercial real estate space. At First American we provide our teams with the support, tools, and technology that they need to ensure that providing unparalleled customer service is your primary focus.

We are looking to add a Construction Disbursement Officer (National) to our growing team. In this role you will be responsible for the processing of construction disbursing transactions; receiving, tracking, and processing construction draws; and maintaining compliance with the specific requirements of each disbursing project. This position plays a key role in transforming the commercial real estate experience by empowering our employees and customers to deliver next-generation solutions and results.

What You'll Do:
Monitor a high volume portfolio of disbursing projects, ensuring timely and effective processing of construction disbursing transactions and construction draws.
Review, negotiate, and comply with the terms of disbursing agreement, and send notices to payees when funds are available
Work cross-functionally with underwriters, lenders, project managers, accountants, contractors, owners, and other project parties to review and resolve issues or questions regarding the draw process and/or draw documentation.
Responsible to order date down endorsements, submit requests for funds and review pending payments for checks and wires to be issued.
File management (i.e. maintaining construction disbursing documentation and other information into shared hard drives).
Analyze monthly reports including trial balances and outstanding check logs.
Follow functional area's processes and procedures in daily activities, troubleshoot as needed and recommend suggestions for continuous improvements to overall operations.
Comply with regulatory requirements by adhering, and enforcing adherence, to requirements

What You'll Bring:
2-4 years of escrow related experience, preferably as a Commercial Escrow Officer with construction review and disbursing experience
Passion for helping customers while maintaining a professional and positive attitude
Excellent verbal and written communication with both internal and external customers; uses various types of communication to meet customer expectations and build relationships
Hands-on experience in AIA billing and lien waivers a plus
Problem solving with strong organizational skills, detail oriented and knows how to navigate internal and external resources to resolve issues
Comfortableness working with technology and proprietary programs; adapts quickly to new software applications and technologies
Thrives in contributing to a team, working together to achieve goals and objectives
At a minimum, High School Diploma/Equivalent

**This is a remote role**

Pay Range: $27.35-$48.62 hourly
This hiring range is a reasonable estimate of the base pay range for this position at the time of posting. Pay is based on a number of factors which may include job-related knowledge, skills, experience, business requirements and geographic location.

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What We OfferBy choice, we don't simply accept individuality - we embrace it, we support it, and we thrive on it! Our People First Culture celebrates diversity, equity and inclusion not simply because it's the right thing to do, but also because it's the key to our success. We are proud to foster an authentic and inclusive workplace For All. You are free and encouraged to bring your entire, unique self to work. First American is an equal opportunity employer in every sense of the term.

Based on... For full info follow application link.

First American invests in its employees' development and well-being, empowers them to provide superior customer service and encourages them to serve the communities where they live and work. First American is committed to diversity and inclusion. We are an equal opportunity employer.

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Job Posting: 11968531

Posted On: Jun 11, 2024

Updated On: Jul 03, 2024

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