The Funding Coordinator plays a pivotal role in ensuring loans are promptly received and assigned to a Funding Specialist in a timely manner for review. They will be responsible to effectively and efficiently communicate and coordinate with multiple internal and external parties to ensure loans are funded as scheduled across multiple channels and products.
Primary Job Duties :
- Prepare and submit daily wire requests to accounting department for loan fundings
- Coordinate and communicate daily fundings directly with accounting department and warehouse banks for HELOC loans
- Assign and monitor HELOC loans scheduled to fund to ensure timely review and escalate issues to management as needed
- Communicate with title companies and partners to obtain closing packages in a timely manner for multiple channels and products
- Assign files to a Funding Specialist based on priority product channel and availability etc
- Communicate with management of any potential delays that could result in files not being funded or purchased as scheduled
- Receipt in new loans and upload documents to ICE for indexing
- Manage Funding Department inbox including answering general funding questions looping in assigned Funding Specialist and escalating to management when necessary
- Maintain thorough and organized logs of loan files
- Review daily Funding Reconciliation Log to maintain data integrity
Qualifications :
Required Knowledge and Experience :
Attention to detail self-motivated takes initiativeExcellent verbal and written communication skillsStrong time management and prioritization skillsAbility to multitask and work well under pressureElevated level of integrity and trustProficient in MS Office Excel MS Outlook and the ability to learn new softwareDetail-oriented individual with good organizational abilityThis position is in office reporting to our Paramus NJ locationHours are 8 : 30-5 : 00 PM EST with extended hours required during month endAdditional Information :
Working in a growing and dynamic industryFull benefits : Medical Dental Vision FSA / HSA and wide array of voluntary products and discounts401(k) with company matchPaid time offThis is a non-exempt roleTarget base salary range is 43K- 48K which is based on various factors including skills and work experience.In addition to base salary this role is eligible for a competitive additional compensation program via monthly production bonus that is based on individual performance.LBF is an EEO / AA / Vet / Disabled EmployerPlease note that salaries that are estimated on various job sites may not reflect the actual compensation. Job sites set the estimated salary not Longbridge Financial.Important Note : When you click on a video certain personal information may be sent to the video provider (such as YouTube Vimeo etc.). To learn more about our privacy practices please review our company Privacy Notice.
Remote Work : No
Employment Type : Full-time
Key Skills
Office Manager Experience,Microsoft Office,Customer Service,Computer Skills,Microsoft Outlook,Microsoft Word,QuickBooks,Medical office experience,Office Experience,Front Desk,Microsoft Excel,Administrative Experience
Experience : years
Vacancy : 1