Commercial Real Estate Disbursement Supervisor


Irvine, CA

Industry: Accounting, Finance & Insurance


5 - 7 years

Posted 50 days ago

  by    Lisa Marcus

California Bank & Trust is one of the nation's premier financial services companies, one of a collection of great banks with combined total assets exceeding $65 billion. California Bank & Trust is a division of Zions Bancorporation, N.A. which operates banking divisions under local management teams and community identities in 11 states.

California Bank & Trust's Construction Disbursement Administration team is seeking a highly motivated individual with commercial real estate disbursement experience to supervise a large portfolio of diverse constructionloans in a fast-paced environment. This person must be able to prioritize and manage multiple duties and tasks with frequent interruptions. Must be able to work in a team environment and have great attention to detail and quality customer service.

Primary responsibilities:

  • Supervises the day to day activities of Construction Disbursement Specialist; assist Manager with training and draw approvals
  • Working knowledge of commercial constructionloan disbursements, project accounting, risk management and loan documentation
  • Ensures the timely processing of loan disbursements which requires reviewing, analysis and disbursing loan draws per guidelines and obtaining approval in accordance with approval guidelines
  • Interprets legal documents relating to servicing requirements
  • Processes payments and advances accurately and timely
  • Performs second day review of multiple transitions to verify accuracy
  • Interacts with insurance agents, monitors insurance requirements and updates loan system with revised insurance information
  • Reviews title endorsements
  • Performs reconciliation of Bank Controlled Accounts
  • Processes LIBO rate contracts
  • Balances loanbudgets on excel spreadsheets
  • Organizes and maintains electronic files, some scanning required
  • High level of accuracy and attention to detail is required of loanportfolios and assignments
  • Ability to multi-task and work in a faced paced/time sensitive environment
  • Performs other duties as assigned


  • College degree or minimum of 4 years of commercial real estate construction disbursement experience
  • Commercial Construction Real Estate Disbursement and Servicing experience
  • Ability to lead and supervise lower level staff – 3 to 5 years supervisory experiencepreferred
  • Accountingexperiencepreferred
  • Knowledge of legal documentation and terminology relating to construction real estate and borrowing base loans
  • Excellent customer service, written and verbal communication skills required
  • Outstanding organizational, interpersonal and time management skills; detail oriented
  • Advanced computer skills, including Microsoft Office (Word, Excel, Outlook)
  • Accuracy and thoroughness of work required
  • Ability to monitor own work and work of others to verify quality
  • Ability to multi-task and take initiative, cheerfully and respectfully handling multiple assignments simultaneously and meeting deadlines in a fast-paced environment
  • Ability to organize work, set priorities, meet critical deadlines and follow up on assignments with minimum direction
  • Experience in handling sensitive and confidential business matters and information with discretion.


$80K - $110K