Transaction Coordinator
6 days ago
Builders Capital is looking for a highly motivated Transaction Coordinator to join our team As a Transaction Coordinator, you are the go-to person for our borrowers and help provide them with the best class customer service in a timely manner; no two days are the same.
At Builders Capital, we are on a mission to reshape the future of construction financing. As the nations largest private construction lender, we provide innovative, tailored financing solutions to developers, builders, and investors. Our goal is simple: to be our clients' most valued partner by offering aggressive rates, flexible loan terms, and unmatched service. Were setting ourselves apart by being creative in our financing solutions, leveraging cutting-edge technology, and maintaining an agile, in-house servicing team that ensures quick funding and a smooth process. Builders Capital is leading the charge in addressing the nationwide housing shortage, with approximately 5 million homes needed to meet demand. Were here to help build those homes, one project at a time.
What Youll Do:
- Daily job duties include gathering documentation, data entry, budget reconciliation, draws and servicing portfolio management.
- Responsible for reviewing, analyzing, and processing loan draws for all assigned construction projects, order inspections, fund disbursements, review of invoices, lien waivers, and budget.
- Manage loan maturity dates, process extensions, and modifications to keep servicing portfolio current.
- Review account history and coordinate with borrowers to ensure the account stays up to date. Collect payments on past due accounts and make recommendations on non-responsive borrowers.
- Flag exceptions and any Borrower concerns to the asset management team. Place loans on the watch list as concerns arise.
- Provide best-in-class servicing to Borrowers, providing excellent communication and updates on the draws in process. Proactively coach Borrowers on tools for submitting draw requests.
- Obtain third-party services (appraisal, title, flood determination, etc.) as needed.
- Communicate with loan officers and borrowers via telephone and email (request documentation, answer questions, provide status, etc.).
- Order & review inspection reports and date downs or lien searches.
- Clear post-funding conditions as it relates to draw processing.
What Were Looking For:
- Three to five years of Construction draw experience and/or training; or equivalent combination of education and experience.
- Proficient in Microsoft Office products including Excel, Word, and Outlook. Pivot Tables and VLOOKUPs in Excel are a plus.
- Strong written and verbal communication skills, with the ability to clearly explain financial information to colleagues and management.
- A high level of accuracy and attention to detail in all aspects of accounting work.
- Strong critical thinking and analytical skills, with the ability to identify issues and resolve discrepancies effectively.
Why Youll Love It Here:
- At Builders Capital, we believe in taking care of our team. Heres a sneak peek at the benefits that come with joining us:
- Innovative Environment: Join a forward-thinking company at the forefront of the construction finance industry with access to cutting-edge technology and resources.
- Work Flexibility: Enjoy a flexible work environment where you can balance team leadership with your personal life.
- National Impact: Be part of a nationwide operation thats shaping the future of construction financing and making a difference for builders, developers, and homeowners across the U.S.
- Health Insurance Weve got you covered Builders Capital pays 100% of your medical insurance premiums to keep you healthy and stress-free, offering a PPO and HSA plans.
- Health Savings Account (HSA) We contribute annually into your HSA account (prorated from your hire date) and for those the select our HSA plan.
- Competitive Compensation We offer competitive wages that reward your expertise and hard work.
- Paid Time Off Take time to recharge with 3 weeks of paid time off each year.
- Paid Holidays Enjoy 10 paid holidays throughout the year so you can spend quality time with family, friends, or doing whatever you love.
Were here to support you both professionally and personallybecause when you thrive, we all thrive.
This job posting highlights the most critical responsibilities and requirements of the job; however, there may be additional duties, responsibilities, and qualifications for this job.
Construction Loan Services II LLC (Builders Capital) and its affiliates are Equal Employment Opportunity (EEO) employers and welcome all qualified applicants. This is a full-time exempt position. The job description contained herein is not intended to be a comprehensive list of the duties and responsibilities of the position, which may change without notice.
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