Draw Analyst (Construction Lending) PST or MST working hours.

Kiavi is one of the nation’s largest private lenders to residential real estate investors (REIs). We harness the power of data & technology to offer our customers a simpler, more reliable, and faster way to access the capital they need to scale their businesses. 

Formerly known as LendingHome, we’re committed to helping REIs revitalize the approximately $25 trillion worth of aged U.S. housing stock to provide move-in ready homes and rental housing for millions of Americans across the country.

Combining our technology and industry expertise, Kiavi has grown to a team of over 500 and has won many awards over the years including Forbes Fintech 50, Finovate Awards, Best Digital Mortgage Platform, Fast Company’s Most Innovative Companies, and many more. 

• Loans Funded: $30 billion in loans funded
• Homes financed: 100,000+ projects funded for our customers across the country
• Geography: 49 states + D.C. where we lend to REIs so they can revitalize neighborhoods
• Employees: Over 500 employees with competitive benefits and perks

This position can be based remotely in any of our approved hiring regions. Our hybrid distributed workforce philosophy allows us to find the best talent in the country and build diverse teams, while allowing our colleagues to work from the location that works best for them. 

Identity Verification Notice: To ensure the security and integrity of our hiring process, all candidates are required to complete a secure identity verification. This process uses biometric and device validation to confirm identity and liveness. All data is handled securely in accordance with our privacy policy.

The Team

The Construction Lending team is responsible for reviewing, analyzing and approving ground up projects (for cost, timeline, progress, and completion) and disbursing construction holdback draw funds. This team is a client-facing department that partners with sales, operations, and servicing to build a great customer experience.

The Role

The Draw Analyst, Construction Lending is responsible for facilitating the phased disbursement of construction holdbacks specifically for ground up, new residential builds, ensuring strict compliance with loan documentation, credit policy, and regulatory requirements specific to ground up financing.

Responsibilities:

• Review and meticulously analyze complex initial documentation for new construction (including plans, permits, budgets, and detailed construction schedules) to validate project readiness and budget alignment prior to draw.
• Critically evaluate and determine appropriate phased draw disbursements on all ground up construction loans, focusing on validating progress against detailed construction schedules and confirming key milestones (e.g., foundation, framing completion) through inspection reports and documentation.
• Ensure compliance with loan documents, credit policy, and applicable state and federal laws.
• Coordinate and maintain communications with all parties involved in the draw process including but not limited to borrowers, contractors, account managers, third party inspectors, and brokers.
• Process the draw disbursements in a high quality and timely manner that aligns with our policies and procedures.
• Coordinate with other departments to resolve matters pertaining to loan violations, payment delinquencies, and wire transfer issues. 

Requirements:

• Proven experience (2+ years) in construction funds control, draw management, or loan servicing with a direct focus on ground up residential or commercial projects is highly preferred.
• Experience within the construction industry, funds control, real estate/mortgage, loan servicing or other related industry preferred.
• Bachelor’s degree in a related field is preferred. 
• Deep knowledge of the phased construction life cycle for residential ground up projects and the corresponding industry-standard documentation (AIA G702/703 forms, lien waivers, sworn statements, etc.).
• General knowledge with construction and mortgage terminology. 
• Excellent computing skills and experience including but not limited to MS Excel, Google Sheets, and Google Docs. 
• Experience in using database platforms, such as Salesforce or Oracle, a plus.
• Experience with Draw Management software is preferred
• Strong verbal and written communication skills and ability to handle large volume of emails on regular basis. 

Kiavi takes a market-based approach to pay, and pay may vary depending on your location. Work locations are categorized into one of three tiers based on cost of labor for that geographic area. These ranges may be modified in the future.

Region 1 - $61K to $92K + 5% bonus + benefits

Region 2 - $55K to $83K + 5% bonus + benefits

Region 3 - $50K to $75K + 5% bonus + benefits

To find a location’s tier, please refer to https://kiavi.com/compensation. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries. Within the range, the successful candidate’s starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. Your recruiter can share more about the specific base pay range for your preferred location during the hiring process. Please note that the pay range listed above reflects the base salary only, and does not include the target value benefits.

Benefits and Perks 

• Medical, Dental, and Vision Insurance: Kiavi offers free employee-only coverage for medical, dental, and vision plans. Dependents receive a heavily discounted premium, competitively placed in the 90th percentile for cost.
• Health Savings Account (HSA): For those enrolled in a High Deductible Health Plan (HDHP), Kiavi provides an annual employer contribution to HSAs: $1,000 for individual coverage and $2,000 for dependents.
• Disability and Life Insurance: Immediate access to short-term and long-term disability insurance, as well as group life and AD&D insurance, with coverage at 1x annual salary.
• Remote Work Policy: Kiavi supports working remotely for day to day activities for most roles and occasionally may ask employees to gather in person for key meetings, training, team building etc. For remote workers, Kiavi offers a one-time office setup reimbursement of up to $500 and a monthly $85 stipend for internet and phone expenses. For in-office workers, Kiavi offers employer contributions to commuter benefits account, either for parking or public transportation.
• Flexible Time Off: Employees are empowered to manage their own time off, with no strict limits, as long as it's approved by their manager.
• Paid Leaves: Up to 8 weeks of paid leave for medical or caregiver purposes, and 12 weeks of paid maternity/paternity leave. Short-term disability leave is also available for birthing mothers.
• 401(k) & Company Match: A 401(k) plan managed by Fidelity, with Kiavi matching 100% of contributions up to 3% of compensation or $8,000 (whichever is less). All employer contributions are immediately vested.

Protect yourself from recruitment scams:

• If you are offered an interview or a role with Kiavi, this will be communicated with you through email, via an official email address ending in @kiavi.com or @lendinghome.com. 
• You will never be asked for payments of any kind during the process.
• We also never communicate with candidates via Whatsapp at any point during the recruitment process. 
• We won’t ask for personal information or data via text message. If you have any concerns regarding how genuine a text message is, please contact your recruiter.
• You can find our official Kiavi careers page here. We advise you to check that the page details and website addresses match if you have any concerns.

Kiavi is an Equal Opportunity Employer
San Francisco Fair Chance Ordinance Police Code, Article 49

We use E-Verify to confirm the identity and employment eligibility of all new hires.