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Construction Disbursement Officer (Remote)

First American

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<div class="isg-job-description“>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 eleven 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

Join First American and be part of our growing National Commercial Services (NCS) team as a Construction Disbursement Officer. In this role, you will be responsible for closing and processing construction disbursement transactions, as well as receiving, tracking, and managing construction draws. You’ll play a key role in ensuring each project remains compliant with its specific disbursing requirements while supporting the successful execution of construction funding.

HOW YOU’LL CONTRIBUTE

  • Administer disbursing projects, ensuring timely and effective processing of construction disbursing transactions and construction draws.
  • Order date down endorsements.
  • Submit requests for funds.
  • Review pending payments for checks and wires to be issued.
  • Monitor Trust account for receipt of funds.
  • Post incoming money to project files.
  • Print checks and send wires, when appropriate, using appropriate internal procedures.
  • Send notices to payees when funds are available.
  • Review receipt of lien waivers and monitor the distribution of checks.
  • Resolve customer inquiries and follow up on phone calls and e-mails.
  • Organize file data and documents in accordance with team procedures.
  • Invoice for various services.
  • Work with management to ensure all disbursing procedures are followed.
  • Address action items on monthly reports, including trial balance and outstanding check logs.
  • Actively contribute to the results of the team and toward achieving goals and objectives.

WHAT YOU’LL BRING

Required education, experience, Certification/Licensure

  • Bachelor’s degree preferred
  • Strong customer service orientation
  • Detail-oriented
  • Strong written and verbal communication skills
  • Strong organizational skills
  • Ability to multi-task and meet assigned deadlines
  • Hands-on experience in lien waivers and construction payment documents a plus
  • Proficient in Excel, Office, and Outlook
  • Working knowledge of fundamental concepts, practices and procedures of the industry
  • Establishes effective working relationships at the work group level

KNOWLEDGE, SKILLS, AND ABILITIES (KSAs)

  • 3+ years of experience as a commercial escrow officer or similar position in a related real estate, title, lending, or construction industry position
  • Prior escrow or banking experience is a plus
** Note that the following statements only apply to candidates who will be working from an unincorporated area within Los Angeles County. **
First American will consider for employment all qualified applicants, including those with arrest or conviction records, in a manner consistent with the requirements of applicable state and local laws (e.g., the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act).
First American intends to conduct a review of an applicant’s criminal history in connection with a conditional offer. First American reasonably believes that a criminal history may have a direct, adverse and negative relationship with the following material job duties for this position potentially resulting in the withdrawal of the conditional offer of employment: handling of confidential, proprietary or trade secret information belonging to First American or its customers, administrating or facilitating financial transactions, and the ability to meet customer-imposed criminal history requirements.

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.
First American invests in its employees’ development and well-being, empowers them to provide superior customer service and encourages them to serve the communities where they live and work. First American is committed to diversity and inclusion. We are an equal opportunity employer.

 

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