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Bank Draw Inspection Jobs in Boston, MA (NOW HIRING)

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Bank Draw Inspection information

See Boston, MA salary details

$10

$25

$60

How much do bank draw inspection jobs pay per hour?

As of Jul 28, 2026, the average hourly pay for bank draw inspection in Boston, MA is $25.42, according to ZipRecruiter salary data. Most workers in this role earn between $15.44 and $28.56 per hour, depending on experience, location, and employer.

What does a typical day look like for someone in a Bank Draw Inspection role?

A typical day in Bank Draw Inspection involves visiting active construction sites to verify progress, ensuring that completed work aligns with the draw request and project timeline. Inspectors document findings through photos, written reports, and checklists, often using mobile apps or software to streamline the process. You’ll interact regularly with project managers, general contractors, and lending officers to address discrepancies and clarify next steps. This role requires a mix of fieldwork and administrative reporting, offering variety and the chance to directly impact project success.

What is a Bank Draw Inspection job?

A Bank Draw Inspection job involves assessing the progress of a construction project before a lender releases funds. Inspectors visit job sites to verify completed work aligns with the payment request. They document findings with photos and reports to ensure accuracy. This helps lenders manage risk and ensures funds are used appropriately.

What are the key skills and qualifications needed to thrive in the Bank Draw Inspection position, and why are they important?

To excel in Bank Draw Inspection, you need a strong understanding of construction processes, attention to detail, and familiarity with lending requirements, often supported by experience in construction management or inspection. Competence with digital reporting tools, inspection checklists, and sometimes certifications like ICC Residential/Commercial Inspector can be advantageous. Strong communication, time management, and negotiation skills allow you to effectively coordinate between contractors, lenders, and property owners. These capabilities ensure accuracy in progress tracking, timely fund disbursements, and successful project completion.

What are popular job titles related to Bank Draw Inspection jobs in Boston, MA? For Bank Draw Inspection jobs in Boston, MA, the most frequently searched job titles are:
What job categories do people searching Bank Draw Inspection jobs in Boston, MA look for? The top searched job categories for Bank Draw Inspection jobs in Boston, MA are:
Bank Draw Inspection jobs near you
Infographic showing various Bank Draw Inspection job openings in Boston, MA as of July 2026, with employment types broken down into 84% Full Time, 14% Part Time, and 2% Contract. Highlights an 93% Physical, 4% Hybrid, and 3% Remote job distribution, with an average salary of $52,878 per year, or $25.4 per hour.

Construction Risk Manager

Ascent Developer Solutions

Boston, MA • On-site

$110K - $140K/yr

Other

Posted 4 days ago

Job description

The Role. 

As a Construction Risk Manager team member, you will play a pivotal role in the success of our high-value residential construction projects, primarily focused on our Production Homebuilding, Build-to-Rent, and Multifamily products. This position encompasses pre-construction budget review, plan review, risk assessments, and post-closing construction draw management, with a specific focus on driving efficiency through technology adoption. Your expertise in construction lending and streamlining business processes is critical to the feasibility and financial health of our projects. Your ability to collaborate effectively with diverse stakeholders and your deep understanding of construction projects will contribute to Ascent's operational excellence. 

The Work. 

  • Streamline processes to decrease turn times for reviews, ultimately improving the overall customer experience.  
  • Assess project feasibility, plans, construction budgets, risk factors, and borrowers' development experience, applying Ascent's guidelines to recommend an appropriate level of loan approval. 
  • Contribute to decision-making for projects ranging in value from $1 million to $50 million, ensuring they meet stringent financial, regulatory, and investment criteria. 
  • Provide strategic insights that drive the company's growth and enhance its competitiveness in the market, ensuring cost-effectiveness and operational excellence. Stay informed about market trends, construction costs, and regulatory changes affecting the construction and banking industries. 
  • Consult with Sales and Credit teams to package appropriate solutions to meet the needs of the borrower while ensuring profitable outcomes for Ascent. 
  • Monitor the performance of the construction loan portfolio, identifying and addressing any emerging risks or issues. 
  • Assist in the implementation of robust policies and procedures, underwriting parameters, and in-house disbursement servicing operations. 
  • Engage and manage outside vendors in cost reviews, inspections, and fund control while supporting a large, diverse construction loan portfolio.  
  • Conduct site visits as necessary to assess project progress and ensure compliance with loan conditions. 
  • Review portfolio reporting mechanisms to improve decision-making and accountability in asset performance. 
  • Assist in the adoption of data analytics in construction risk management, contributing to a more informed and proactive approach to risk mitigation. 
  • Participate in day-to-day operations of the (pre-closing budget review) and post-close (rehab draw administration), ensuring compliance with internal policies. 
  • Demonstrate high ethical standards and professionalism when handling significant financial transactions and sensitive information. 
  • Ability to visit job sites to perform construction progress inspections, as needed. 
  • Ability to visit prospective sponsors for on-site meetings and meet with sponsors in person, as needed. 

Your Skills and Experience. 

  • 5+ years of experience in construction management or real estate lending within the finance industry. 
  • Experience communicating and collaborating with internal and external stakeholders. 
  • Proficiency in relevant software such as construction management software (e.g., TrustPoint, Procore), and general office software (e.g., Microsoft Office Suite). 
  • Strong analytical and decision-making abilities. 
  • Experience successfully multi-tasking and prioritizing work. 
  • Experience consistently meeting deadlines in a fast-paced environment. 

The Pay 

Salary range is $110,000-$140,000 per year, with a discretionary bonus of 20% per year. 

The Work Environment. 

  • This role works on-site from Ascent's Boston office, Monday - Thursday (Fridays are work-from-home). 

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