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Groundfloor Finance

Draws Administrator

Posted 6 Days Ago
Remote or Hybrid
Hiring Remotely in United States
Mid level
Remote or Hybrid
Hiring Remotely in United States
Mid level
The Draws Administrator manages borrower draw requests for renovation loans, verifies documentation, coordinates inspections, and collaborates with teams to ensure timely funding.
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Description

As a Draws Administrator at Groundfloor Finance, you’ll play a key role in supporting the lifecycle of residential real estate renovation and construction loans. You’ll manage borrower draw requests, ensure documentation and inspections are accurate and complete, and collaborate cross-functionally to ensure funds are released timely and in compliance with our lending standards. This role is perfect for someone who thrives in structured processes, enjoys working with real estate project data, and is motivated by keeping things moving on schedule.

Groundfloor is a remote-friendly, hyper-growth, wealthtech company based out of Atlanta. We value vulnerable high-quality/low-ego collaboration. If that sounds good to you, join us!
THIS JOB MIGHT BE FOR YOU IF: 

  • You love working behind the scenes to make things run smoothly and efficiently.
  • You’re detail-obsessed and spot inconsistencies from a mile away.
  • You enjoy collaborating with others - whether that’s borrowers, inspectors, or your own team.
  • You like building and refining systems to make them better.
  • You’re curious about real estate finance or construction and want to learn more.

A DAY IN THE LIFE: 

  • Reviewing borrowers draw submissions for accuracy, completeness, and alignment with the approved project scope.
  • Coordinating third-party inspections to verify construction progress.
  • Verifying that conditions for disbursement are met, including lien waivers and invoices.
  • Logging and tracking all draw activity in our internal systems.
  • Communicating with borrowers on status updates, missing documents, and timelines.
  • Working closely with Loan Servicing, Construction, and Finance teams to facilitate timely funding.
  • Generating reports on draw timelines, bottlenecks, and trends.
  • Ensuring that all documentation meets compliance standards and is audit-ready.
  • Identifying opportunities to improve workflow and increase efficiency.
Requirements
  • 2+ years of experience in loan servicing, construction finance, real estate administration, or a similar role.
  • An understanding of the construction draw process or residential renovation financing.
  • Excellent organizational and time management skills.
  • Strong written and verbal communication abilities.
  • Experience working with CRM or loan servicing platforms (e.g., Salesforce or Hubspot)
  • Familiarity with lien waivers, inspection coordination, and budgeting tools.
  • Experience at a fintech company or in real estate lending.
  • Comfort juggling many open threads without losing track.
Benefits

We value our employees’ time and efforts. Our commitment to your success is enhanced by our competitive compensation and extensive benefits package including paid time off, medical, dental, and vision benefits, potential equity for strong candidates, and future growth opportunities within the company. Plus, we work to maintain the best possible environment for our employees, where people can learn and grow with the company. We strive to provide a collaborative, creative environment where each person feels encouraged to contribute to our processes, decisions, planning, and culture.

Groundfloor is an equal opportunity employer and all qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, national origin, disability status, protected veteran status, sexual orientation, gender identity, or any other characteristic protected by law.

About Groundfloor

Since its launch in 2013, participants in Groundfloor’s real estate loans have earned annualized returns averaging 10 to 12 percent in a 6 to 12-month timeframe. No prior real estate knowledge is needed, and the $10 minimum is intentionally a low barrier to entry to give everyone the ability to build wealth in real estate. To date, Groundfloor remains the only platform offering direct participation in individual real estate investments to all on a broad scale, regardless of income or net worth.

The company is headquartered in Atlanta and has raised more than $30 million in capital from a variety of sources, including venture capital and online public equity offerings. As of its most recent round of financing, the company has over 7,700 public shareholders and is 30 percent customer-owned.

Top Skills

CRM
Hubspot
Salesforce

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