What are the responsibilities and job description for the Funding Administrator position at Newcoast?
OVERVIEW: The Funding Administrator will ensure that all loan transactions are processed efficiently, accurately, and in compliance with internal policies, regulatory requirements, and bank policies. The Funding Administrator will have experience in loan administration, strong organizational skills, and a thorough understanding of loan funding and banking procedures.
KEY TASKS:
- Maintain detailed records of interactions in Hubspot
- Ensure Compliance with regulatory, bank, and internal policies
- Run Giacts to confirm all outgoing wire transfers
- Run complete Notary search and identify any notary discrepancies
- Follow up on outstanding funding stipulations
- Organize funding packages in accordance with funding guidelines
- Monitor deposits and send notifications to accounting and sales representative
- Providing a high level of customer service
- Void and re-issue checks
- Send funding notifications to Accounting
- Identify and report potential issues to Operations Manager
- Other duties as assigned
KEY RESULT AREAS:
- Loan funding timeline execution
- Excellent organizational and time management skills
- Effective verbal and written communication skills
- Strong analytical skills and keen attention to detail
- Communicate clearly and distinctly with loan processor, sales reps, customers, sellers, marine agents (anyone involved with the closing)
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