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Construction Draw Administrator Jobs (NOW HIRING)

Works in close partnership with Relationship Managers, SBA Underwriters, and Loan Administrators ... Experience with construction draw administration, including budget review, thirdparty inspections ...

Works in close partnership with Relationship Managers, SBA Underwriters, and Loan Administrators ... Experience with construction draw administration, including budget review, third‑party ...

Works in close partnership with Relationship Managers, SBA Underwriters, and Loan Administrators ... Experience with construction draw administration, including budget review, thirdparty inspections ...

Works in close partnership with Relationship Managers, SBA Underwriters, and Loan Administrators ... Experience with construction draw administration, including budget review, third-party inspections ...

Understanding of legal contracts, AIA documents and other related construction draw forms ... administer project details & reports * Excellent analytical, costing and decision-making skills

Understanding of legal contracts, AIA documents and other related construction draw forms ... administer project details & reports * Excellent analytical, costing and decision-making skills

Understanding of legal contracts, AIA documents and other related construction draw forms ... administer project details & reports * Excellent analytical, costing and decision-making skills

Understanding of legal contracts, AIA documents and other related construction draw forms ... administer project details & reports * Excellent analytical, costing and decision-making skills

Showing results 41-60

Construction Draw Administrator information

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$32.5K

$65.8K

$99.5K

How much do construction draw administrator jobs pay per year?

As of Sep 15, 2026, the average yearly pay for construction draw administrator in the United States is $65,801.00, according to ZipRecruiter salary data. Most workers in this role earn between $51,000.00 and $79,000.00 per year, depending on experience, location, and employer.

What is a construction draw administrator?

Construction Draw Administrators are professionals responsible for managing and processing draw requests during construction projects. They review and verify payment applications from contractors, ensure all required documentation is submitted, and coordinate with lenders, owners, and contractors to facilitate timely payments. Their role is crucial in maintaining accurate financial records and ensuring that funds are disbursed according to contract terms and project progress.

What are the key skills and qualifications needed to thrive as a construction draw administrator?

To thrive as a Construction Draw Administrator, you need strong organizational skills, attention to detail, and a solid understanding of construction finance or accounting, typically supported by relevant experience or a degree in business, accounting, or construction management. Familiarity with construction management software, draw management platforms, and proficiency in Excel are commonly required, along with knowledge of lien waivers and compliance documentation. Excellent communication, problem-solving, and time-management abilities help facilitate coordination among contractors, lenders, and project managers. These competencies ensure accurate and timely processing of draw requests, reduce financial risks, and support smooth project cash flow management.

What are some common challenges faced by construction draw administrators and how can they be managed effectively?

Construction Draw Administrators often face challenges such as coordinating between multiple stakeholders, ensuring timely documentation, and verifying that all required conditions are met before funds are disbursed. Managing tight deadlines and maintaining accuracy under pressure are also frequent concerns. These challenges can be effectively managed by developing strong organizational systems, maintaining clear communication with contractors, lenders, and project managers, and staying up to date with industry best practices and compliance requirements. Utilizing robust project management software and regularly reviewing procedures can also help streamline the process and minimize errors.

What is the difference between Construction Draw Administrator vs Construction Project Coordinator?

AspectConstruction Draw AdministratorConstruction Project Coordinator
CredentialsTypically requires a degree in construction management or related field, with experience in document controlOften requires similar education, with additional project management certifications preferred
Work EnvironmentOffice-based, handling documentation, and communication with project teamsOffice and site visits, coordinating between teams and contractors
Employer & Industry UsageUsed in construction firms managing project documentation and paymentsCommon in construction firms overseeing project timelines and coordination

The Construction Draw Administrator primarily manages project documentation, including payment draws and change orders, ensuring accuracy and compliance. The Construction Project Coordinator oversees overall project activities, schedules, and communication. While both roles require construction knowledge and coordination skills, the Draw Administrator focuses more on financial documentation, whereas the Coordinator manages broader project operations.

What cities are hiring for Construction Draw Administrator jobs?

Cities with the most Construction Draw Administrator job openings:

What states have the most Construction Draw Administrator jobs?

States with the most job openings for Construction Draw Administrator jobs include:

What are popular job titles related to Construction Draw Administrator jobs?

For Construction Draw Administrator jobs, the most frequently searched job titles are:

SBA Construction Loan Admin

Gresham, OR • On-site

US Bank
Banking and Credit Intermediation • 10K+ employees

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 28 days ago


Key responsibilities

  • Review, coordinate, and administer SBA construction and renovation loan transactions to ensure compliance with program requirements and bank policies.

  • Oversee construction loan documentation, lien perfection, and disbursement of construction draws from approval through project completion.

  • Serve as the primary liaison with borrowers, attorneys, construction consultants, title companies, and SBA service providers throughout all phases of the construction and disbursement process.


U.S. Bank rating

8.1

Company rating: 8.1 out of 10

Based on 364 frontline employees who took The Breakroom Quiz


Job description

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.

Job Description
Job Description

Responsible for reviewing, coordinating, and administering Small Business Administration (SBA) construction and renovation loan transactions, ensuring compliance with SBA 7(a) and/or 504 program requirements, bank credit policy, and loan documentation standards. Protects the bank's interest by overseeing construction loan documentation, lien perfection, and the analysis, approval, and administration of construction draw disbursements from loan approval through project completion and final servicing conversion.

Construction loan activities support owneroccupied small business projects, including new construction, renovations, tenant improvements, and expansions for properties such as retail, office, industrial, mixeduse, and specialpurpose facilities eligible under SBA guidelines. Residential exposure may include mixeduse properties where permitted by SBA program rules.

Works in close partnership with Relationship Managers, SBA Underwriters, and Loan Administrators, serving as the primary liaison with borrowers, attorneys, construction consultants, title companies, and SBA service providers throughout all phases of the construction and disbursement process. Ensures adherence to SBA authorization terms, eligibility requirements, useofproceeds limitations, and postapproval conditions. Must meet requirements to be commissioned as a Notary Public.

Basic Qualifications
  • High school diploma or equivalent

  • Typically two to three years of experience in commercial real estate loan administration, OR at least five years of transferable experience in commercial loan administration

Preferred Skills / Experience
  • Working knowledge of SBA lending programs (7(a) and/or 504), including construction, renovation, and leasehold improvement financing

  • Familiarity with SBA authorization terms, useofproceeds rules, lien and collateral requirements, and disbursement controls

  • Experience with construction draw administration, including budget review, thirdparty inspections, lien waivers, and title updates

  • Basic knowledge of commercial lending concepts such as collateral structures, multiphase construction, and loans secured by multiple collateral properties

  • Technical expertise in loan closing, documentation review, and postclosing loan management

  • Basic knowledge of commercial finance, lending law, documentation, accounting principles, and loan data systems

  • Ability to meet requirements to be commissioned as a Notary Public

  • Bachelor's degree preferred

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability accommodations for applicants.

Benefits:

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

  • Healthcare (medical, dental, vision)

  • Basic term and optional term life insurance

  • Short-term and long-term disability

  • Pregnancy disability and parental leave

  • 401(k) and employer-funded retirement plan

  • Paid vacation (from two to five weeks depending on salary grade and tenure)

  • Up to 11 paid holiday opportunities

  • Adoption assistance

  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about theE-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $68,850.00 - $81,000.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.


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About U.S. Bank

Sourced by ZipRecruiter

U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Minneapolis, MN, US

Year founded

1863

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