Construction Draws Analyst

6 days ago

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Backflip

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Reinvigorating neighborhoods by supporting real estate entrepreneurs with innovative technology and capital.

fintech • proptech • software • capital markets • platforms

11 - 50

💰 $265k Pre Seed Round on 2023-03

Description

• Oversee a construction draw pipeline to ensure draw request submissions, inspection report reviews, and timely disbursement of funds • Ensure accurate onboarding of construction budgets to Backflip’s draw processing software • Review and finalize rehab budgets prior to loan closing, ensuring accuracy, consistency and completeness • Coordinate with third-party inspectors to obtain photographs and inspection reports to validate construction progress • Coordinate with borrowers to review and approve change order requests • Conduct welcome calls to educate borrowers on the draw process • Coordinate with various capital markets counterparties to secure timely approvals • Assist the treasury department in preparing draw funding disbursements • Assist the Asset Management team with borrower communication on non-performing loans • Collaborate with team members to enhance processes to: i)improve borrower experience, and; ii) reduce processing times

Requirements

• 2+ years of work experience in similar customer-facing processing roles, such as Construction Analyst, Draw Specialist, or Draw Analyst • 1+ year experience processing construction draw requests • Experience reviewing residential construction budgets, feasibility and inspection reports • Prior experience working a remote team • Prior experience with a fintech company or venture-backed startup is a plus • Prior experience investing in single family real estate is a plus • Exemplary computer skills - demonstrated ability and desire to learn new technologies (we use Slack + Notion + Google Workspace + Front + HubSpot + Land Gorilla + more) • General understanding of basic mortgage and investment concepts (or demonstrated desire to learn); comfortable performing basic math calculations