What are the responsibilities and job description for the Loan Funding Specialist position at Loans By Adam?
Job Description:
We are looking for a dedicated and detail-oriented Funding Specialist to join our growing team. As a Funding Specialist, you will play a key role in helping our clients secure the necessary financial support to achieve their goals. You will work directly with clients, lenders, and financial institutions to facilitate loan processing, ensure compliance with regulations, and provide excellent customer service throughout the funding process.
Responsibilities:
- Assist clients with gathering and preparing necessary documentation for funding applications.
- Evaluate financial documents to determine eligibility for various funding programs.
- Liaise between clients, financial institutions, and lenders to ensure smooth communication and processing of loans.
- Provide guidance on available funding options and help clients understand the application process.
- Monitor and track the status of funding applications, ensuring timely processing and resolution of issues.
- Maintain an organized system for tracking client information, loan applications, and communications.
- Stay up to date with industry trends, funding opportunities, and regulatory changes.
- Ensure all funding processes comply with applicable laws and regulations.
Qualifications:
- High school diploma or equivalent; college degree in finance, business, or related field preferred.
- 2 years of experience in lending, funding, or financial services preferred.
- Strong knowledge of loan products, underwriting processes, and financial regulations.
- Excellent communication and customer service skills.
- Ability to manage multiple tasks and deadlines effectively.
- Proficient in Microsoft Office Suite (Word, Excel, Outlook).
- Detail-oriented with strong problem-solving abilities.
Benefits:
- Competitive pay structure (hourly commission).
- Opportunities for career growth and professional development.
- Flexible work schedule.
- Comprehensive training and support.
- Positive and collaborative work environment.
Compensation:
Hourly Rate: $18 - $25 per hour, depending on experienceCommission: Potential for additional earnings based on successful funding completions.
Location:
Tampa, Fl
How to Apply:
Please submit your resume and a brief cover letter detailing your experience in funding or financial services.
Market-Based Compensation Notes:
- Hourly Rate: The market rate for Funding Specialists generally ranges from $18 to $25 per hour, depending on the region and experience level. If your company is based in a high-cost area (like New York or California), you may want to consider offering the higher end of that range.
- Commission: Commission structures vary based on the company’s business model, but offering additional earnings based on successful funding outcomes is a common practice in this field. A commission rate of 1-5% of the total funding secured is often used.
Job Types: Full-time, Contract
Pay: $18.48 - $24.00 per hour
Expected hours: 40 per week
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
- Evening shift
- Monday to Friday
Work Location: In person
Salary : $18 - $25