Construction Draw Administrator I (Remote)

Ameris Bank is a purpose-driven company, dedicated to bringing financial peace of mind to communities, one person at a time. Whether a customer wants to grow their business, buy a home, or feel confident in their retirement plan, they have a partner in Ameris Bank. We serve customers in our locations across the Southeast, Mid-Atlantic and nationwide through our extensive digital offerings and mobile app.

Delivering financial peace of mind starts with a team that values integrity and rewards ingenuity. At Ameris, you'll find teammates who are inclusive, collaborative problem-solvers who go the extra mile to support one another and to meet every customer's needs. When teammates are empowered and bring their diverse perspectives to the table, we create the best possible outcomes for our customers. At Ameris, we know that a growth mindset is key for high performance and fosters an environment that prioritizes continuous improvement. Teammates have access to Employee Resource Groups that serve as advocates and allies as well as professional development opportunities to drive ongoing education. Learn more about our purpose and how you can bring it to life as an Ameris Bank teammate.

Responsible for monitoring and processing construction loan draws from loan origination to completion of construction project. Responsibilities include, but are not limited to, reviewing the loan credit approval/conditions, draw requests, budgets, scheduling inspections and maintaining accurate records of all draws. The Draw Administrator works closely with the relationship manager, borrower, contractor and inspector to coordinate draw funding. Performs other projects and duties as assigned.

Essential Functions, Duties, and Responsibilities:

* Review nCino (credit approval and loan data) and construction loan documentation to determine all requirements and conditions of each project. Resolve any discrepancies with the construction loan processing HUB, credit team and relationship manager.

* Review all documentation for each draw request. This may include review of all lien waivers, invoices, inspections and comparison to budget line items to ensure project is on track.

* Schedule construction draw inspections and ensure accuracy of inspection reports.

* Ensure construction draws are commensurate with verified improvements and that the construction budget remains balanced with sufficient funds available for completion. Verify loan balances back to core system.

* Maintain accurate records of each draw and interest reserve payments to ensure within budget.

* Upload all required supporting documentation on each draw.

* Fund all draws for the week in accordance with inspection results; coordinate with Loans Advances team and any other internal departments to process draw disbursement.

* Maintain all files on construction inspectors including locating and vetting qualified 3rd party inspectors to provide inspection services and keep the Bank's approved inspector list current.

* Coordinate with SAV Construction HUB to track all new closed loans, input loan, set up construction budget, and verify loan is booked on the system in accordance with loan documents.

* Obtain approvals on weekly invoices from inspectors and submit to Accounts Payable; maintain files on all invoices received/submitted.

* Maintain knowledge of changing regulations and policies.

Required Knowledge, Skills and Competencies:

* Proficient in Microsoft Excel.

* Ability to prioritize work load and manage time to ensure that draws are not unduly delayed.

* Strong attention to detail.

* Self-starter with the ability to work with minimal supervision.

* Ability to learn multiple systems.

* Strong communication skills, including the ability to write clear and concise correspondence.

Industry and Work Experience:

* 0-2 years of prior banking and/or lending support experience preferred.

Academic:

* High school diploma or GED required.

* Bachelor's degree preferred.

Benefits Available to Employees:

Ameris Bank provides a comprehensive employee benefit package to all eligible employees.

• Medical, Dental and Vision Insurance
  
  
  
  • Ameris Bank absorbs a major portion of the cost of healthcare. You become eligible for coverage on the first of the month following 30 days of employment
  
  
  
  
• Life Insurance provided at no additional cost to employees
• Accidental Death & Dismemberment Coverage
• Long-Term Disability Coverage
• Paid Sick and Vacation Leave
• 11 Holidays
• Volunteer/Service Day
• Employee Stock Purchase Plan
• 401(k) Retirement Plan
• Ameris Bank matches 50% of your first 8% of contributions to the plan
• Flexible Spending Accounts
• Health Savings Account
• Health Reimbursement Arrangement
• Supplemental Life & Other Insurance Plans
• Identity Theft Protection
• Pet Insurance
• Legal Insurance
• Employee Assistance Program
• Employee Advocacy Program
• Tickets at Work (Entertainment discounts for Ameris Bank Employees)
• AT&T Employee Discount
• Wellness Discounts for Medical Premiums and Other Rewards
• Employee Referral Incentive
• Education Assistance
• Employee Resource Groups

Banking Advantages for Employees:

In addition to a wide array of benefits, Ameris Bank employees are also eligible for special bank services.

• Free Interest Checking
• Free Safe Deposit Box
• Free Money Orders, Travelers' Checks and Cashier Checks
• Discount on Mortgage Origination Fee
• Free Online Banking and Free Unlimited Online Bill Payment
• Employee Banking Perks

Disclaimer:

The above job description is meant to describe the general nature and level of work being performed; it is not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required for the position.

All job requirements are subject to possible modification to reasonably accommodate individuals with disabilities. Some requirements may exclude individuals who pose a direct threat or significant risk to the health and safety of themselves or other employees.