Skip to main content
First American Financial Corporation
Oscar M., Production Coordinator

Oscar M. Production Coordinator

Search Jobs

Construction Disbursement Officer - Remote

Chicago, Illinois-Remote; Illinois-Remote; Missouri-Remote;

Apply Now
Job ID R043492 Date posted Jun. 11, 2024 Category Escrow Employment Type Full Time

Who We Are

Join a team that puts its People First! As a member of First American's family of companies, National Commercial Services provides single-point service for simple to multi-property/multi-state national commercial real estate transactions. Since 1889, First American (NYSE: FAF) has held an unwavering belief in its people. They are passionate about what they do, and we are equally passionate about fostering an environment where all feel welcome, supported, and empowered to be innovative and reach their full potential. Our inclusive, people-first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For® list for nine consecutive years. We have also earned awards as a best place to work for women, diversity and LGBTQ+ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all. For more information, please visit www.careers.firstam.com.

What We Do

Work as a dynamic team providing best in class service and support in the commercial real estate space. At First American we provide our teams with the support, tools, and technology that they need to ensure that providing unparalleled customer service is your primary focus. We are looking to add a Construction Disbursement Officer (National) to our growing team. In this role you will be responsible for the processing of construction disbursing transactions; receiving, tracking, and processing construction draws; and maintaining compliance with the specific requirements of each disbursing project. This position plays a key role in transforming the commercial real estate experience by empowering our employees and customers to deliver next-generation solutions and results.

What You'll Do:

  • Monitor a high volume portfolio of disbursing projects, ensuring timely and effective processing of construction disbursing transactions and construction draws.
  • Review, negotiate, and comply with the terms of disbursing agreement, and send notices to payees when funds are available
  • Work cross-functionally with underwriters, lenders, project managers, accountants, contractors, owners, and other project parties to review and resolve issues or questions regarding the draw process and/or draw documentation.
  • Responsible to order date down endorsements, submit requests for funds and review pending payments for checks and wires to be issued.
  • File management (i.e. maintaining construction disbursing documentation and other information into shared hard drives).
  • 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.
  • Comply with regulatory requirements by adhering, and enforcing adherence, to requirements

What You'll Bring:

  • 2-4 years of escrow related experience, preferably as a Commercial Escrow Officer with construction review and disbursing experience
  • Passion for helping customers while maintaining a professional and positive attitude
  • Excellent verbal and written communication with both internal and external customers; uses various types of communication to meet customer expectations and build relationships
  • Hands-on experience in AIA billing and lien waivers a plus
  • Problem solving with strong organizational skills, detail oriented and knows how to navigate internal and external resources to resolve issues
  • Comfortableness working with technology and proprietary programs; adapts quickly to new software applications and technologies 
  • Thrives in contributing to a team, working together to achieve goals and objectives
  • At a minimum, High School Diploma/Equivalent 

**This is a remote role**

Pay Range: $27.35-$48.62 hourly
This hiring range is a reasonable estimate of the base pay range for this position at the time of posting.  Pay is based on a number of factors which may include job-related knowledge, skills, experience, business requirements and geographic location.

#LI-NR1
#LI-REMOTE 

What We Offer

By choice, we don’t simply accept individuality – we embrace it, we support it, and we thrive on it! Our People First Culture celebrates diversity, equity and inclusion not simply because it’s the right thing to do, but also because it’s the key to our success. We are proud to foster an authentic and inclusive workplace For All. You are free and encouraged to bring your entire, unique self to work. First American is an equal opportunity employer in every sense of the term.

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.

Apply Now

No jobs have been viewed recently.

Related Content