Commercial Construction Disbursement Analyst I
Comerica
Commercial Construction Disbursement Analyst I This Construction Disbursement Analyst is responsible for facilitating the funding of commercial construction loans while ensuring compliance with loan documents, bank policy, procedures and applicable state and/or federal laws. Successful candidates should be proficient in the following competencies: Collaboration, Detail Oriented, Verbal and Written Communications, Customer Service, Analytics and Multi-Tasking. Position Responsibilities: * Evaluate and determine appropriate funding distribution of all commercial and residential construction loan proceeds. * Ensure compliance with loan documents, credit approval, bank policy, and applicable law. Coordinate the activities of all parties involved in the construction draw process including borrower, contractor, relationship manager, inspector and title insurer. * Monitor for receipt of the required documents to complete the construction draw process, including proactive follow-up with 3rd parties. * Inform various internal and external parties of pre-and post-closing requirements throughout the construction loan process. * Prepare and distribute construction loan status reports and other pertinent information for the relationship managers', department management, and others involved in the construction process. Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled
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