Loan Boarding & Funding Specialist

Responsibilities Include

• Board loans to the core system, ensuring accuracy of loan terms, data, and structure.
• Review executed loan documentation prior to funding to confirm completeness and compliance with approvals.
• Verify all funding conditions are met and process loan funding and advance transactions.
• Validate loan details, including rates, terms, maturity dates, and payment schedules.
• Set up loan structures, including escrow accounts, interest reserves, participations, and fee arrangements.
• Process payoff disbursements and wire transactions in accordance with procedures.
• Perform callback verifications in compliance with internal controls and dual-control requirements.
• Process routine maintenance requests, including statement setup, autopay enrollment, and borrower information updates as needed.
• Assist with balancing and reconciliation activities to support accuracy of financial records.
• Provide support for insurance and escrow administration tasks.
• Cross-train in servicing functions to support operational coverage.
• Perform other duties as assigned to support departmental operations.

Qualifications

• Minimum of 2 years of experience in loan operations, loan documentation, or financial services support, including exposure to lending products and loan processes within a financial institution.
• Demonstrated working knowledge of loan systems and core banking platforms, with strong data entry accuracy, system navigation skills, and proficiency in Microsoft Office applications.
• Foundational understanding of loan documentation, closing processes, and lending products, including consumer, commercial, and mortgage loans.