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Draws Administrator - Remote

Posted 2 days ago
Finance / Legal
Full Time
USA

Overview

As a Draws Administrator at Groundfloor Finance, you’ll play a key role in supporting the lifecycle of residential real estate renovation and construction loans. You’ll manage borrower draw requests, ensure documentation and inspections are accurate and complete, and collaborate cross-functionally to ensure funds are released timely and in compliance with our lending standards.

In Short

  • Manage borrower draw requests for real estate loans.
  • Ensure documentation and inspections are accurate and complete.
  • Collaborate with various teams to ensure timely fund releases.
  • Review draw submissions for accuracy and completeness.
  • Coordinate third-party inspections to verify construction progress.
  • Verify conditions for disbursement, including lien waivers and invoices.
  • Log and track all draw activity in internal systems.
  • Communicate with borrowers regarding status updates and missing documents.
  • Generate reports on draw timelines and trends.
  • Identify opportunities to improve workflow and increase efficiency.

Requirements

  • Detail-oriented with a strong focus on accuracy.
  • Experience in real estate finance or construction is a plus.
  • Strong communication and collaboration skills.
  • Ability to work in a structured process environment.
  • Motivated to keep projects moving on schedule.

Benefits

  • Remote-friendly work environment.
  • Opportunity to work in a hyper-growth wealthtech company.
  • Collaborative and supportive team culture.
Groundfloor logo

Groundfloor

Groundfloor is a pioneering wealthtech company based in Atlanta, dedicated to democratizing real estate investments by making them accessible to everyone. Since its inception in 2013, Groundfloor has enabled participants to earn annualized returns averaging 10 to 12 percent through direct participation in individual real estate loans, with a low minimum investment of $10. The company has successfully raised over $30 million in capital and boasts a diverse shareholder base, with 30 percent of its ownership held by customers. Groundfloor fosters a collaborative and growth-oriented work environment, valuing high-quality, low-ego teamwork and providing extensive benefits to its employees.

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