Draw Processor I

Reposted 10 Days Ago
Be an Early Applicant
Walla Walla, WA, USA
In-Office
18-25 Hourly
Junior
Financial Services
The Role
As a Draw Processor I, you'll manage documentation for construction loan draws and modifications, ensuring compliance and timely processing.
Summary Generated by Built In
As a Draw Processor with Banner Bank you will Perform administrative duties needed to ensure accurate and timely processing of construction loan final draw and floatdown documentation. 

In this role you'll have the opportunity to:

  • Responsible for obtaining documentation and approvals necessary to extend matured loans in a timely manner.
  • Prepare and process completed modification and/or extension documents for of all types of construction loans. Calculate and apply extension fees. Submit invoices for payment.
  • Responsible for ordering and reviewing updated appraisals, 442s, and title policies.
  • Assist in the preparation of file for possible sale on the secondary market.
  • Monitor construction draw portfolio to facilitate final draws and modifications in accordance with company policy and secondary marketing guidelines.
  • Responsible for gathering and reviewing documents pertaining to the completion of home loan construction.
  • Responsible for processing system changes to convert loans from the construction to permanent financing phase.
  • Responsible for complying with policies, procedures, security requirements, and government regulations.

Education & Certifications

  • H.S. Diploma: required

Experience

  • 0 to 2 years of mortgage servicing or banking experience required

Knowledge, Skills and Abilities

  • Knowledge of all forms and documents for processing all real estate loan types.
  • Ability to understand and apply changes to regulations and requirements to daily work.
  • Ability to prioritize, multi-task, and meet deadlines.
  • Ability to work independently and as part of a team.
  • Posses well-developed verbal and written communication skills including proper grammar and correct spelling. Communication occurs via phone, email, or written correspondence with customers and co-workers.
  • Knowledge of investor, federal and state laws and regulations relating to mortgage servicing.

Compensation & Benefits

  • Targeted starting hourly range (based on experience): $18.17 - $24.59
  • Incentive potential
  • Comprehensive employee benefits, including: medical, dental, vision, LTD, STD and life
  • Paid vacation time, sick time and 11 company paid holidays
  • 401k (with up to 4% match)
  • Tuition reimbursement
  • Get more information at: Employee Benefits | Banner Bank

Skills Required

  • H.S. Diploma
  • 0 to 2 years of mortgage servicing or banking experience

Banner Bank Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Banner Bank and has not been reviewed or approved by Banner Bank.

  • Healthcare Strength Multiple medical plan options, dental (including adult orthodontia), and vision are offered alongside company‑paid life and AD&D, company‑paid short‑term disability, and an Employee Assistance Program. Access to a Wellness Coach and additional health resources broaden the support for physical and mental wellbeing.
  • Leave & Time Off Breadth The package includes generous vacation, paid sick leave, 11 paid holidays, paid parental leave, and 16 hours of paid community service annually. Corporate materials also outline flexible scheduling, personal‑leave hours for cultural or other needs, and gender‑neutral parental leave for birth and non‑birth parents.
  • Wellbeing & Lifestyle Benefits Tuition reimbursement, public transportation reimbursement, employee banking discounts, and service/recognition awards enhance overall value. Role‑dependent incentives and commissions, together with ongoing wellness coaching access, round out everyday benefits.

Banner Bank Insights

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The Company
HQ: Walla Walla, WA
2,852 Employees
Year Founded: 1890

What We Do

Banner Bank is proud to serve the West with comprehensive financial services. More than 130 years ago we started with core values that never go out of style: listen, learn and help people and businesses reach their goals. Today across Oregon, Washington, California and Idaho—we deliver a high level of individual service as a community bank, while also offering competitive products some might expect to find only at a nationwide financial institution. Member FDIC. Visit us for more information on the best banking solutions for your business.

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