Avenue 365- Funding Specialist - Langhorne, United States - Guardian Asset Management

Guardian Asset Management

Verified Company

Langhorne, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Job Title:
Funding Specialist

Department:
Operations

FLSA Status:
Non-exempt

Position Summary:

The Funding Specialist is responsible for file preparations and communications with third parties to ensure a loan is funded properly.

This role reviews all documents to ensure accuracy and facilitates timely monetary transfers.

Essential Functions & Responsibilities:

Prepare File for Funding
Check all title requirements and recordable documents for validity and insurability
Release and/or set up wires for disbursement and printing checks
Work with vendors/attorneys/partners to facilitate the funding of loans on time
Report any discrepancies, issues, shortages, or funding errors immediately
Follow up and remediation on daily deposits, delayed fundings, escalations, funding issues, funding exceptions, stale checks, file balances
Review exception reports to communicate delays and issues to customers
Work on final funding process: overnight checks, booking or posting wires and deposits, wire confirmations, prepare FFD paperwork
RDC Deposits and Positive Pay
Mail out payments, scan documents, follow up on tax payments, handle remittance corrections
Maintain compliance on wire and check policies
Assist with file balances and stale checks
Help with postclosing, recording and policy as necessary
Maintain correspondence with clients and borrowers for corrections/trailing documents if needed
Other duties as assigned