Construction Disbursement Officer (Remote)

First AmericanLake Mary, FL
22h$31 - $41Remote

About The Position

Responsible for the closing and processing of construction disbursing transactions; receiving, tracking, and processing construction draws; and maintaining compliance with the specific requirements of each disbursing project.

Requirements

  • High School diploma or equivalent
  • Strong customer service orientation
  • Detail-oriented
  • Strong written and verbal communication skills
  • Strong organizational skills
  • Ability to multi-task and meet assigned deadlines
  • Proficient in Excel, Office, and Outlook
  • Working knowledge of fundamental concepts, practices and procedures of department/field
  • Establishes effective working relationships at the work group level
  • 3+ years of experience as a Commercial Escrow Officer or in a related real estate, title, or construction industry position

Nice To Haves

  • Hands-on experience in AIA billing and lien waivers a plus
  • Prior banking experience is a plus

Responsibilities

  • Monitor disbursing projects, ensuring timely and effective processing of construction disbursing transactions and construction draws.
  • Order date down endorsements.
  • Submit Requests for Funds.
  • Review pending payments for checks and wires to be issued.
  • Monitor Trust account for receipt of funds.
  • Post incoming money to project files.
  • Print checks and send wires, when appropriate, using appropriate internal procedures.
  • Send notices to payees when funds are available.
  • Review receipt of lien waivers and monitor the distribution of checks (via mail and walk in clients).
  • Resolve customer inquiries and follow up on phone calls and e-mails.
  • File management (i.e. maintaining construction disbursing documentation and other information into shared hard drives).
  • Invoice for various services.
  • Work with disbursing team to ensure all disbursing procedures are followed and tracked, as applicable.
  • 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.
  • Actively contribute to the results of the team and works toward achieving goals and objectives.

Benefits

  • Based on eligibility, First American offers a comprehensive benefits package including medical, dental, vision, 401k, PTO/paid sick leave and other great benefits like an employee stock purchase plan.
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