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Remote Construction Draw Specialist information

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$34K

$75.2K

$99K

How much do remote construction draw specialist jobs pay per year?

As of Jul 28, 2026, the average yearly pay for remote construction draw specialist in the United States is $75,248.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,000.00 and $81,500.00 per year, depending on experience, location, and employer.

How does a Remote Construction Draw Specialist typically collaborate with project managers and lenders during the loan draw process?

As a Remote Construction Draw Specialist, you will regularly coordinate with project managers, lenders, and contractors to review draw requests, verify completed work, and ensure all documentation is accurate and compliant. Communication is primarily conducted via email, phone calls, and project management platforms, making responsiveness and attention to detail essential. You'll often act as the liaison between multiple parties to resolve discrepancies quickly and keep construction projects on schedule. Building strong working relationships and maintaining clear records are crucial for success in this collaborative, remote environment.

What are the key skills and qualifications needed to thrive as a Remote Construction Draw Specialist, and why are they important?

To thrive as a Remote Construction Draw Specialist, you need a solid understanding of construction financing, project management, and documentation review, often supported by experience in construction lending or a related field. Familiarity with draw management software, project tracking systems, and proficiency in spreadsheet tools like Excel are typically required. Strong attention to detail, organizational skills, and effective written communication help ensure accuracy and clear reporting when working remotely. These skills and qualities are crucial for minimizing errors, maintaining compliance, and facilitating timely disbursements in construction projects.

What does a Remote Construction Draw Specialist do?

A Remote Construction Draw Specialist is responsible for reviewing and processing draw requests from contractors and builders during construction projects. They verify that work has been completed according to project milestones before funds are released from a construction loan. Their duties often include analyzing documentation, coordinating with project managers and lenders, and ensuring compliance with lending requirements. Working remotely, they use digital tools to conduct reviews and communicate with all stakeholders. This role helps ensure that construction funds are disbursed accurately and on schedule.

What is the difference between Remote Construction Draw Specialist vs Remote Construction Loan Coordinator?

AspectRemote Construction Draw SpecialistRemote Construction Loan Coordinator
CertificationsTypically requires certifications in construction management or financeOften requires loan processing or mortgage certifications
Work EnvironmentFocuses on managing draw requests, inspections, and disbursements remotelyHandles loan documentation, approvals, and client communication remotely
Industry UsageCommon in construction and real estate developmentCommon in banking, mortgage, and real estate finance

While both roles operate remotely and involve financial aspects of construction projects, the Remote Construction Draw Specialist primarily manages disbursements and inspections related to construction draws, whereas the Remote Construction Loan Coordinator handles loan processing and client communication. Understanding these distinctions helps in choosing the right career path or job search focus within the construction finance industry.

More about Remote Construction Draw Specialist jobs
What cities are hiring for Remote Construction Draw Specialist jobs? Cities with the most Remote Construction Draw Specialist job openings:
What are the most commonly searched types of Construction Draw Specialist jobs? The most popular types of Construction Draw Specialist jobs are:
What states have the most Remote Construction Draw Specialist jobs? States with the most job openings for Remote Construction Draw Specialist jobs include:
What job categories do people searching Remote Construction Draw Specialist jobs look for? The top searched job categories for Remote Construction Draw Specialist jobs are:
Remote Construction Draw Specialist jobs near you
Infographic showing various Remote Construction Draw Specialist job openings in the United States as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% Remote job distribution, with an average salary of $75,248 per year, or $36.2 per hour.
Construction Draw Administrator

Construction Draw Administrator

The Federal Savings Bank

Chicago, IL • On-site, Remote

$55K - $80K/yr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 27 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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