Funding Specialist (On-site)

Description

• Prepare loan files for funding.
• Review all title requirements and recordable documents for accuracy, validity, and insurability.
• Release and/or set up wires for disbursement and print checks as required.
• Complete final funding processes including overnight checks, booking or posting wires and deposits, wire confirmations, and preparation of FFD paperwork.

Vendor, Partner, and Customer Coordination

• Work with vendors, attorneys, and partners to facilitate timely loan funding.
• Maintain correspondence with clients and borrowers to obtain corrections and trailing documents as needed.
• Communicate delays, exceptions, and issues to customers through review of exception reports.

Monitoring, Reporting & Issue Resolution

• Report discrepancies, shortages, funding errors, or issues immediately.
• Follow up on daily deposits, delayed fundings, escalations, funding issues, funding exceptions, stale checks, and file balances.
• Afford assistance with file balances and resolution of stale checks.

Post-Funding & Compliance Support

• Perform RDC deposits and Positive Pay activities.
• Mail payments, scan documents, follow up on tax payments, and handle remittance corrections.
• Maintain compliance with wire and check policies.
• Afford assistance with post-closing, recording, and policy issuance as necessary.