Loan Servicing Specialist; Construction & Commercial Operations

Loan Servicing Specialist (Construction & Commercial Operations)

• Location: Brea, CA (Hybrid 3-4x/week)

• Pay Range: $30.00 – $40.00 / hour (W2)

• Duration: Contract-to-Hire (FTE Conversion Path)

Join a premier banking institution as a Loan Servicing Specialist focused on the high-complexity world of Commercial and Construction Lending. This is a Contract-to-Hire role designed for a professional who excels at the intersection of financial operations and project oversight. You will manage the end-to-end post-origination lifecycle, ensuring every dollar disbursed is backed by accurate documentation and verified project milestones.

• End-to-End Draw Management: Act as the primary lead for the construction draw process. Review borrower requests against approved budgets and project timelines to ensure funding accuracy.

• Inspection Coordination: Liaise with third-party engineers and inspectors to verify physical project milestones (foundation, framing, etc.) prior to any fund release.

• Budget Tracking & Reconciliation: Maintain and reconcile detailed construction budget spreadsheets. Monitor for line-item variances, retainage requirements, and potential cost overruns.

• Documentation & Compliance: Review AIA G702/G703 documents, lien waivers, and Title "Bring-Down" reports to ensure all legal and contractual conditions for disbursement are met.

• Specialized Payment Processing: Execute loan payments, payoffs, and interest-only adjustments unique to the construction-phase of financing.

• Inquiry Resolution: Resolve complex inquiries from borrowers and internal lending teams regarding escrow, loan status, and servicing nuances.

• Account Integrity: Identify and resolve discrepancies and servicing errors within the core banking system.

• Audit & System Optimization: Generate reports for internal audits and assist with critical system upgrades (e.g.,
  FIS Horizon
  ) to streamline workflows.

• Core
  
  Experience:
  
  2+ years of direct experience in Construction Loan Servicing or Construction Loan Administration
  .

• Technical
  
  Skills:
  
  Advanced proficiency in Microsoft Excel (
  Pivot Tables, VLOOKUPs
  ) for rigorous budget tracking.

• System Knowledge: Familiarity with loan servicing systems (e.g.,
  FIS Horizon
  , Jack Henry, or similar) and construction-specific draw software.

• Analytical Mindset: Strong ability to interpret complex commercial loan documents and identify risks in disbursement requests.

• Education: High School Diploma or GED required (Bachelor’s in Finance or Accounting preferred).

Upon completion of waiting period consultants are eligible for:

• Medical and Prescription Drug Plans
• Dental Plan
• Vision Plan
• Health Savings Account
• Health Flexible Spending Account
• Dependent Care Flexible Spending Account
• Supplemental Life Insurance
• Short Term and Long Term Disability Insurance
• Business Travel Insurance
• 401(k), Plus Match
• Weekly Pay

If this is a role that interests you and you'd like to learn more, click apply now and a recruiter will be in touch with you to discuss this great opportunity. We look forward to speaking with you!