Disbursement Specialist

3 weeks ago


Redwood City, California, United States Avidbank Full time
About the Role

Avidbank is a leading commercial bank in Silicon Valley, serving the San Francisco Bay area and beyond. As a Disbursement Specialist, you will play a crucial role in assisting our Construction Loan Officers/Managers in gathering and analyzing Draw information on current and past draws.

Essential Functions:

  • Analyze draw requests to ensure compliance with policies & procedures.
  • Set up client spreadsheet/disbursement files and contact customers to arrange for orientation meetings.
  • Save all disbursements documents to the Shared Drive, including Draw Request, Endorsements, Inspection Reports, and Spreadsheet.

Required Skills and Qualifications:

  • Bachelor's Degree in Finance, Accounting, Business, or related field.
  • Basic knowledge of commercial, construction, real estate, and consumer loan processing.
  • Understanding of financial statements, tax returns, and basic financial analysis.

We offer competitive compensation, medical, dental, vision, life insurance, long-term disability insurance, 401(k) with matching, paid holidays, and a competitive paid time off policy.



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