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, leveraging over $7 billion in additional capital.
About the Role:
We are seeking a Construction Loan Closer and Draw Specialist to 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.
- 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 ensure timely and compliant funding.
- Monitor project milestones and verify that draw requests remain consistent with approved budgets and established timelines.
- Collaborate with Investment Professionals, Chief Credit Officer, Director of Loan Operations, and Servicing teams to address issues and enhance efficiency in draw processes.
- Assist with loan servicing requests, including modifications and loan bookings, in compliance with approvals.
- Review and maintain detailed 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.
- 401(k) & 401(k) matching
- Health, Dental, and Vision Insurance
- Life Insurance
- Health savings account
- Paid time off
- Parental leave
- Professional development assistance
