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Draw Administrator Jobs (NOW HIRING)

SitusAMC

AVP, CRE Draw Administration

Overland Park, KS · On-site

Review draw packages for accuracy, coordinate receipt of missing information from borrower, confirm all disbursement conditions have been satisfied in accordance with relevant loan documentation and ...

IDBNY

Construction Loan Administrator

Manhattan, NY · On-site

$80K - $110K/yr

Set up monitoring workbooks with loan specific draw schedules for complex loans. • Coordinate all ... Administrators in their absence. Qualifications • Bachelor's degree in Business preferred.

Penske Automotive Group

Payroll Administrator

Edison, NJ · On-site

$24.75 - $33.50/hr

As a Payroll Administrator, you will perform accounting and clerical tasks related to the accurate ... Ability to compute rate, ratio, and percent and to draw and interpret bar graphs. * Ability to ...

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Draw Administrator information

What is a draw administrator?

Draw Administrators are professionals responsible for managing and overseeing the process of draw requests, usually in the context of construction loans or project financing. They ensure that funds are released to contractors or stakeholders as project milestones are met, verifying documentation and compliance with contractual agreements. Their work helps maintain transparency, accurate record-keeping, and smooth financial operations throughout the lifecycle of a project. Draw Administrators often act as a liaison between lenders, borrowers, and contractors to facilitate timely payments and project progression.

What are the key skills and qualifications needed to thrive as a draw administrator, and why are they important?

To thrive as a Draw Administrator, you need strong organizational skills, attention to detail, and a solid understanding of construction lending or finance, often backed by relevant experience or a degree in finance or business. Familiarity with construction loan management systems, document tracking software, and proficiency in Microsoft Office Suite are typically required. Excellent communication, problem-solving, and time management skills help you coordinate with contractors, lenders, and internal teams effectively. These abilities ensure the accurate processing of draw requests, mitigate financial risks, and maintain smooth project funding workflows.

What are some typical challenges a draw administrator faces when managing multiple construction projects simultaneously?

As a Draw Administrator, one common challenge is tracking and coordinating draw requests across several projects, each with different timelines, stakeholders, and documentation requirements. Ensuring that all necessary paperwork, lien waivers, and approvals are collected and submitted on time can be complex, especially when working with various contractors and lenders. Staying organized, communicating clearly with project managers and finance teams, and utilizing project management software are key strategies for overcoming these challenges and ensuring smooth draw processing.

What is the difference between Draw Administrator vs Drafting Technician?

AspectDraw AdministratorDrafting Technician
CredentialsTypically requires a diploma or associate degree in drafting or CAD technologyUsually holds a diploma or certificate in drafting or CAD design
Work EnvironmentOffice setting, often in architecture, engineering, or construction firmsOffice-based, supporting design teams in similar industries
Job FocusManaging drawing files, coordinating revisions, and ensuring document accuracyCreating, modifying, and preparing technical drawings and plans

The Draw Administrator and Drafting Technician roles share similar educational backgrounds and work environments. However, the Draw Administrator primarily manages drawing documentation and workflows, while the Drafting Technician focuses on producing and editing technical drawings. Both roles are essential in design and engineering projects, often working closely together to ensure project accuracy and efficiency.

What cities are hiring for Draw Administrator jobs?

Cities with the most Draw Administrator job openings:

What states have the most Draw Administrator jobs?

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

What are popular job titles related to Draw Administrator jobs?

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

Draw Administrator jobs near you
Infographic showing various Draw Administrator job openings in the United States as of September 2026, with employment types broken down into 1% As Needed, 83% Full Time, 11% Part Time, 1% Temporary, 3% Contract, and 1% Nights. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution.

Construction Draw Administrator

Chicago, IL • On-site, Remote

The Federal Savings Bank
See more jobs at The Federal Savings Bankexternal

$55K - $80K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 15 days ago

Job description

Description

The Federal Savings Bank is hiring a Construction Draw Administrator to support our offices nationwide.


The Federal Savings Bank is a national bank headquartered in Chicago, IL, specializing primarily in residential mortgage lending. We are proudly veteran-owned and dedicated to providing white glove service to all of our customers and business partners.


The Construction Draw Administrator is a crucial role responsible for ensuring the proper facilitation of draw disbursements while maintaining compliance with loan documentation, credit policy, internal procedures, and applicable state and federal laws. The administrator will act as the primary point of contact for builders, managing disbursements and ensuring projects are tracked accurately during the construction period.


Ideal candidates are available for a hybrid schedule (3 days onsite in our Chicago/Logan Square headquarters). Fully remote qualified candidates will be considered on a case by case basis and are encouraged to apply.


Duties and Responsibilities:

  • Facilitate draw disbursements in compliance with loan documentation and credit policies
  • Act as a conduit for communication between builders and the bank during the draw process
  • Ensure all projects are tracked and managed efficiently and accurately within the construction period
  • Maintain detailed records of all correspondence and transactions related to disbursements
  • Collaborate with various departments to ensure smooth processing of draw requests
  • Adhere to The Federal Savings Bank's communication standards and procedures


Requirements

Job Requirements:

  • 4 year Degree or commensurate experience (Preferred majors are Business, Finance, and Accounting)
  • 0-3 years of experience in construction lending, draw management, or closely related field (Recent grads or those pursuing a career change are encouraged to apply!)
  • Strong understanding of construction lending and draw disbursement process
  • Excellent interpersonal skills, written and verbal communication
  • Keen organizational skills
  • Ability to manage multiple tasks and prioritize effectively
  • Detail-oriented with commitment to accuracy and compliance
  • Basic accounting knowledge
  • Ability to identify issues and initiate problem solving when challenges arise
  • Customer service orientation - build and maintain positive relationships with builders and other stakeholders
  • Microsoft Office Suite proficiency preferred
  • Experience with Encompass Loan Origination Software and Fiserv (Cleartouch) software preferred
  • Favorable credit and background

Compensation:

  • Annual base salary: $55,000 - $80,000
  • Hired applicant will be eligible for a monthly incentive tied to individual production and achieving outlined goals

What We Offer:

  • Medical, Dental, and Vision insurance plans
  • HSA and FSA plan options
  • Company-paid life insurance
  • 401k with partial match
  • Complimentary Employee Assistance Program (EAP)
  • Paid time off that increases with tenure (40 hrs. sick time; 80 hrs. Your Time Off to start)
  • 7 paid bank holidays
  • In-house virtual training opportunities to broaden your industry knowledge
  • Education Reimbursement
  • Employee Home Loan Discount Program
  • Employee recognition on a national scale
  • Frequent employee appreciation events
  • Big bank capability, small-bank feel

The Federal Savings Bank is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.

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