Newcoast Loan Funding Specialist

OVERVIEW: The Funding Specialist coordinates all aspects of the funding process. The team member will be responsible for making sound independent decisions in respect to deal review and funding.

KEY TASKS:

• Contact appropriate loan processor, Lender, sales rep concerning deal
• Review executed funding packages
• Send funding packages to appropriate bank
• Confirm wiring instructions - using GIACT
• Enter wires in Bank of America
• Notary Verification
• Follow up on outstanding stipulation or missing funding items
• Ensure that Funds have been received from lender
• Deposit checks
• Represents Newcoast when communicating with persons outside the company
• Always presents a good impression of the company
• Establishes and maintains relationships with all appropriate stakeholders
• Assist in projects or tasks outside the above-mentioned items when asked

KEY RESULT AREAS:

• Meet established deadlines and funding timeframes
• Demonstrate effective verbal and written communication skills
• Ability to handle multiple requests
• Solving problems as they may arise
• Attention to detail, make packages neat and presentable
• Understand and interpret procedures, policies and guidelines as established by lender
• Communicate clearly and distinctly with loan processor, sales reps, customers, sellers, marine agents (anyone involved with the closing)
• Work independently and ensure sound decisions are made to make certain that proper transfer and lien perfection are completed
• Ability to stay organized

 

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