Commercial / Construction Disbursement Officer (hybrid)
- 95-2566122 First American Title Insurance Co
- USA, Michigan, Rochester
- 5mo ago
- Full-Time
- Hybrid
What You’ll Do
• Monitor disbursing projects, ensuring timely and effective processing of construction disbursing transactions and construction draws.
• Order date down endorsements.
• Submit Requests for Funds.
• Review pending payments for checks and wires to be issued.
• Monitor Trust account for receipt of funds.
• Post incoming money to project files.
• Print checks and send wires, when appropriate, using appropriate internal procedures.
• Send notices to payees when funds are available.
• Review receipt of lien waivers and monitor the distribution of checks (via mail and walk in clients).
• Resolve customer inquiries and follow up on phone calls and e-mails.
• File management (i.e. maintaining construction disbursing documentation and other information into shared hard drives).
• Invoice for various services.
• Work with disbursing team to ensure all disbursing procedures are followed and tracked, as applicable.
• Analyze monthly reports including trial balances and outstanding check logs.
• Follow functional area’s processes and procedures in daily activities, troubleshoot as needed and recommend suggestions for continuous improvements to overall operations.
• Actively contribute to the results of the team and works toward achieving goals and objectives.
What You’ll Bring
• 3+ years of experience as a Commercial Escrow Officer or in a related real estate, title, or construction industry position
• Prior banking experience is a plus
• High School diploma or equivalent
• Strong customer service orientation
• Detail-oriented
• Strong written and verbal communication skills
• Strong organizational skills
• Ability to multi-task and meet assigned deadlines
• Hands-on experience in AIA billing and lien waivers a plus
• Proficient in Excel, Office, and Outlook
• Working knowledge of fundamental concepts, practices and procedures of department/field
• Establishes effective working relationships at the work group level