This is a remote position.
About Us:
RDF is a nonprofit Community Development Financial Institution (CDFI) dedicated to unlocking lasting prosperity in communities across America. Since its founding in 1999, RDF has provided attainable financial solutions as well as guidance and support to community-based organizations working in health, education, affordable housing, home ownership, entrepreneurship, and community resilience. RDF is one of the few CDFIs to hold a prestigious AA- rating from S&P, a reflection of its exceptional financial strength and impact. To date, RDF has invested more than $1.6 billion across 38 states,leveragingover $7 billion inadditionalcapital.
About the Role:
We are seeking aConstruction Loan Closer and Draw Specialistto join the Team. This role supports the daily operations and servicing of commercial loans, including loan closings, construction draws, client servicing, and cross‑team collaboration. The position provides critical support to ensure compliance, accuracy, and efficiency in construction loan management.
In this role, you will:
Manage and execute loan closings with a focus on construction loans and draw processes, including diligence gathering and budget monitoring.
Review and manage a variety of draws, including real estate construction projects, budgets, site inspection ordering, title date-downs, lien waiver monitoring and disbursement requests.
Coordinate with borrowers, builders, inspectors, and title companies to ensuretimelyand compliant funding.
Monitor project milestones and verify that draw requestsremainconsistent with approved budgets andestablishedtimelines.
Collaborate with Investment Professionals, Chief Credit Officer, Director of Loan Operations, and Servicing teams to address issues and enhance efficiency in draw processes.
Assistwith loan servicing requests, including modifications and loan bookings, in compliance with approvals.
Review andmaintaindetailed documentation and ensure all closing packages meet internal approval standards and regulatory requirements.
Contribute to special projects and actively support ongoing process improvements across the team.
Requirements
Required Qualifications:
3–5 years of experience in commercial real estate construction loan closings, with a strong focus on managing construction draws.
Comprehensive knowledge of construction lending practices and diligence requirements, including GC contracts, construction budgets, draw schedules, lien waivers, title date‑downs, and inspection protocols.
Exceptional organizational abilities and clear, professional communication skills to manage complex loan processes.
Proficiencyin loan origination systems and document management platformsensuringaccuracy and efficiency in closing packages.
Proficient in reviewing, interpreting and verifying loan documentation to ensure completeness, accuracy,complianceand adherence to approved terms.
Ability to work independently and manage multiple closings and drawrequestssimultaneously.
Desired Qualifications:
Prior experience in construction draws and commercial loan closing.
Ability to manage andmonitorconstruction budgets.
Knowledge of closing commercial construction loans, including diligence gathering, budget monitoring, and coordination with third‑party vendors, internal stakeholders, Outside Counsel, and Borrowers.
Experience with SharePoint and Microsoft Office Suite (Word, Excel, PowerPoint, OneNote).
Strong analytical skills with attention to detail and accuracy.
Demonstrated ability to organize effectively, manage multiple priorities, andmaintainfocus in a fast-paced environment.
Ability to navigate multiple systems andutilizesearch tools effectively.
Proven time management skills with the ability to meet deadlines.
Benefits
401(k) & 401(k) matching
Health, Dental, and Vision Insurance
Life Insurance
Health savings account
Paid time off
Parental leave
Professional development assistance
