Construction Loan Processor

Responsible for managing and processing construction loan disbursements with accuracy and efficiency. Ensures compliance with credit terms, bank policy, and regulatory requirements while delivering excellent service to internal and external stakeholders.

Pay Range: $23.40 - $35.10/hour

• Review loan approvals, budgets, and documentation to confirm accuracy and compliance with approved LTV/LTC ratios.
• Assist in loan closings by setting up budgets and equity requirements; establish disbursement files and budget line-item tracking.
• Process construction draw requests in a timely manner; verify and collect required documents (e.g., change orders, lien waivers, insurance certificates, title endorsements).
• Order third-party inspections and reconcile borrower budgets with bank records. Identify and address funding shortfalls or required budget changes.
• Manage interest reserve tracking and billing; monitor borrower equity and soft cost usage; disburse funds accordingly.
• Prepare payoff demands, lot sale payoffs, and lien releases with accuracy.
• Ensure all disbursement documentation is properly scanned and stored in Synergy.
• Communicate with loan officers, borrowers, builders, title companies, inspectors, and internal teams throughout the construction process.
• Maintain compliance with bank policies and regulations, including BSA, Patriot Act, and OFAC.
• Regular, reliable attendance is required.
• Basic understanding of residential and commercial appraisals preferred; willingness to complete training if needed.
• Performs other duties as assigned.

ADDITIONAL RESPONSIBILITIES:

• Adhere to Wheatland Bank Core Values
• Keep management informed of area activities and any significant problems
• Provide exceptional customer service to all customers, both internal and external.
• Represent Wheatland Bank in a Professional fashion to include; professional image, confidentiality, regular and consistent attendance, punctual.

• Six months to two years of similar or related experience, including time spent in preparatory positions.
• Familiar with loan documents and construction projects
• High school degree or GED required.

Knowledge, Skill, Ability (Other Skills):

• Courtesy, tact and diplomacy are essential elements of the job. Work involves personal contact with others inside and/or outside the organization, generally regarding routine matters for purposes of giving and obtaining information, as well as advising and referring, which commonly require shorter discussions.
• Keen attention to detail
• Good computer skills (Internet, Word, Excel, Access, etc.)
• Familiarity with BUILT platform (preferred)

COMPENSATION & BENEFITS: Starting salary is dependent upon relevant experience and may vary based on the geographic location of the position. We offer an extensive benefits package that includes, but is not limited to medical, dental, vision, and life insurance. Coverage is available to employees and their eligible dependents in accordance with our written plan documents. You may also be eligible for a health savings account option, an Employee Assistance Program (EAP), a health rewards program, a retirement savings plan, including 401(k) and Profit-Sharing plans, short and long-term disability benefits, education and training benefits, and discounts on banking products and services. We also offer a generous Paid Time Off (PTO) plan and paid holidays. PTO accruals begin at .0745 per hour worked for our part time employees up to a maximum accrual of 240 hours per year for certain Full-Time employees. PTO accruals are dependent on position, status (Full time or Part time), and years of experience in accordance with our PTO policy. Most Full-Time employees are also offered 6 paid holidays and Part Time employees are offered pro-rated paid holidays. In addition, employees in Utah and Nevada may be eligible for pay for certain state recognized holidays. Visit our website for more details. Check it out!

We are an Equal Opportunity Employer and qualified applicants, or employees will receive consideration for employment without regard to race, color, religion, national origin, sex (including pregnancy), sexual orientation, gender identity, mental or physical disability, genetic information, protected veteran status, or any other category protected by applicable federal, state, or local laws.

Glacier Bancorp, Inc. does not sponsor applicants for work visas. All applicants must be legally authorized to work in the US.

No Recruiters or unsolicited agency referrals please.