What are the responsibilities and job description for the Newcoast Loan Funding Specialist position at Newcoast?
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
*Newcoast uses E-Verify, an Internet-based system, to confirm the eligibility of all newly hired employees to work in the United States. Learn more about E-Verify, including your rights and responsibilities.
