Loan Disbursement Specialist

Are you a numbers-driven professional who thrives on budgeting, tracking details, and making sure every dollar is accounted for? This is the perfect opportunity for someone who's detail-oriented, analytical, and eager to work in a dynamic lending environment where accuracy and accountability are key.

We're looking for a Loan Disbursement Specialist who's passionate about accounting and enjoys working with budgets, systems (Built), spreadsheets, and reconciliations. In this role, you'll play a vital part in the success of commercial and residential construction projects by managing the flow of funds and keeping each project financially on track from start to finish.

As the Loan Disbursement Specialist, you'll lead the day-to-day coordination of commercial and residential construction loan disbursements. You'll serve as the central point of contact, maintaining full visibility on project progress, costs, and funding. You'll coordinate with borrowers, contractors, lenders, and title companies to ensure timely, compliant, and accurate funding and you'll track every dollar to the budget.

Key Responsibilities:

• Manage the full disbursement lifecycle for construction loans, ensuring timely and accurate funding aligned with loan terms.
• Act as the primary project coordinator for each loan, proactively communicating with contractors, borrowers, title companies, and commercial lenders.
• Reconcile each project against its approved budget and disbursement schedule, identifying and addressing variances.
• Set up construction loans in systems (e.g., Built) and maintain internal tracking spreadsheets for subdivision and revolving credit line loans.
• Review and process contractor draw requests, verifying documentation such as invoices, lien waivers, W-9s, approvals, and compliance with voucher control policies and resolve any discrepancies and/or missing documentation.
• Order property inspections and track related invoices and title policy endorsements throughout the construction phase.
• Assist with internal reporting on loan and project status on a monthly and quarterly basis.
• Review loan approvals and disbursement conditions to initiate funding.
• Monitor revolving credit lines and subdivision loan activity, ensuring proper internal tracking and reconciliation with bank systems.

Additional Duties:

• Assist lenders with file organization and documentation needs.
• Respond to occasional requests from the Commercial Lending and Mortgage departments.
• Help organize lending files and assist with document requests from commercial lenders.
• Participate in occasional cross-functional support for Mortgage and Lending departments.
• Other duties, responsibilities and activities may change or be assigned at any time with or without notice.

COMPLIANCE WITH THE BANK SECRECY ACT AND ANTI-MONEY LAUNDERING PROGRAM:

The Bank Secrecy Act is intended to safeguard the U.S. financial system and the financial institutions that make up that system from the abuses of financial crime, including money laundering, terrorist financing, and other illicit financial transactions. The Board of Directors is committed to complying with both the spirit of the regulations and the letter of the law. All employees are expected to understand and comply with all aspects of the BSA and to perform their job duties in accordance with Bank BSA policies and procedures. Employees who willfully violate the BSA may be subject to both civil and criminal penalties and termination of employment.

Supervisory Responsibilites

No supervisory responsibilities.

QUALIFICATIONS:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE

High school diploma and three (3) or more years of related experience.

LANGUAGE SKILLS

Ability to read and comprehend instructions, correspondence and memos. Ability to write correspondence. Ability to effectively present information in one-on-one and small group situations to customers and other employees.

MATHEMATICAL SKILLS

Ability to add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals. Ability to compute rate, ratios and percentages.

OTHER SKILLS AND ABILITIES

Computer skills in word processing, spreadsheet and database applications. Familiar with computerized loan documentation/software such as LaserPro. Use of general office equipment. Ability to handle multiple tasks and meet timeframes.

REASONING ABILITY

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Regular on-site attendance is an essential function of this position. While performing the duties of this job, the employee is frequently required to sit, talk, hear and use hands to operate a computer. The employee is also frequently required to stand; walk; reach with hands and arms; climb or balance; stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually quiet to moderate.

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.

Pay Range for Position:

Min: $21.88

Mid: $27.35

Max:$32.82