Compeer Financial

Construction Coordinator

MN-MankatoFull time$47,100 - $66,600 / yearPosted 14 days ago
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Empowered to live. Inspired to work. Compeer Financial is a member-owned cooperative located in Illinois, Minnesota and Wisconsin. We bring together team members with a variety of backgrounds and experiences to help provide financial services to support agriculture and rural communities. Join us in a culture that not only promotes meaningful work and professional development, but provides a flexible, hybrid work environment and excellent benefits, which empower you to thrive both personally and professionally. How we support you: Hybrid model – up to 50% work from home Flexible schedules including ample flexibility in the summer months Up to 9% towards 401k (3% fixed Compeer contribution plus up to 6% match) Benefits: medical, dental, vision, HSA/FSA, life & AD&D insurance, short-term and long-term disability, wellness program & EAP Vacation, sick leave, holidays/floating holidays, parental leave, and volunteer paid time off Learning and development programs Mentorship programs Cross-functional committee opportunities (i.e. Inclusion Council, emerging professional groups, etc.) Professional membership/certification reimbursement and more! Casual/seasonal & intern team members are not eligible for benefits except for state-mandated programs. To learn more about Compeer Financial visit www.compeer.com/careers. Where you will work: This position offers a hybrid option to allow for occasional remote work, primarily working out of the Mankato, MN office location. The contributions you will make:  This position is responsible for the monitoring and processing of all construction loan/lease draws for the organization from start of construction to completion. Ensures that funds are disbursed accurately and timely to contractors, vendors and clients. A typical day:  Coordinates disbursement of funds and monitors construction funds after closing. Verifies all documentation is completed correctly and that the forms submitted are applicable. Examines draw request and all construction-related documentation to ensure that the invoice amounts, prior payments, current payments and balances correspond with documentation. Determines if a disbursement request payment should be made to the contractor or subcontractors for services based on review of sworn statement and documentation provided. Utilizes multiple system platforms to disburse funds (ex: ACH, Concur, Wires, etc.). Monitors, reviews and reconciles progress of construction against sworn statement budget line items to ensure project is on track. Sets up and activates construction project files. Schedules inspections with third party vendors or internal team members. Reviews completed inspection to ensure project is progressing or complete. Conducts Mechanic's Lien search via county website and judgment search on state applicable site. Works directly with Title Underwriter to address and resolve related lien issues. Actively reaches out to clients regarding projects tha...