Loan Funding Supervisor

Univest Financial Corporation (UVSP), has approximately $8.1 billion in assets and $5.2 billion in assets under management and supervision (as of December 31, 2024). Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full-range of financial solutions for individuals, businesses, municipalities and nonprofit organizations in the Mid-Atlantic Region. For nearly 150 years, Univest has stayed true to our philanthropic spirit and the strength of our Committed to Local giving program is one of the things that differentiates us. In 2024, Univest donated $2.1 million to our local nonprofits and our employees volunteered more than 16,000 hours.

At Univest we invest in the success of our employees and customers. We offer our employees the ability to be their authentic selves, while fostering a culture and an environment that inspires change and inclusivity. We seek career-focused individuals, looking to bring passion and creativity to drive change. Our employees are encouraged to work collaboratively and embrace innovation to deploy needs-based financial solutions in the communities we serve.

We're hiring a Loan Funding & Participations Supervisor to join our Souderton based Loan Operations Team. Please note, this position will move to hybrid after the initial training period.

Oversee daily workflows; monitor turnaround time and adjust workloads for Centralized Funding team.

Oversee and assist with all funding processes for Capital Investments group

As needed transaction processing of commercial participation loans, SWAP loans, warehouse lines, unused & evergreen letters of credit fees. This includes monitoring spreadsheets, creating invoices, fee transactions, and corresponding with lenders and customers as needed.

Process requests to fund loans in a timely fashion while ensuring that all policy and regulatory requirements are met.

Reply to lender, customer, and financial institutions inquiries regarding servicing issues for commercial loans

Calculate unused line and letter of credit fees

Accountable for tracking, scanning, and verification of documents to the Synergy Imaging System

Supervise team, provide training on new policies and procedures to existing team and assist in training new team members

Prepare and maintain procedures to uphold bank policies, regulatory requirements and operations processes

Act as a backup to the loan boarding/booking team during peak times.

Accountable for compliance with laws and regulations that apply to this position including the Univest Code of Conduct.

Perform other duties as assigned.

Minimum of 3 years bank loan operations experience, or equivalent required related education and experience

Strong initiative skills and ability to train employees on policies and procedures

Advanced comprehension of mortgage, commercial, and consumer loans

Ability to read and comprehend complex loan contracts

Ability to perform loan accounting computations, including interest accruals, payment amortizations, billing calculations

Ability to read and comprehend consumer, commercial and mortgage insurance documents; discern inconsistencies and errors; and follow-up with the required decision makers for resolution

Ability to work independently, prioritize and enter data quickly and accurately to meet deadlines, including end of month activity

Strong communication, organizational, and problem-solving skills with ability to think "outside the box" when unusual situations are presented

Advanced PC and word processing skills required to utilize varying proprietary Windows based software applications

Familiarity with Jack Henry, Salesforce and nCino preferred

Wage Range:

The salary for this position ranges from $48,000 to $61,000

Benefits Overview:

Univest offer's a comprehensive benefits package that includes:

• Health Insurance: Medical, dental and vision coverage (single or family; begins the first of the month following start date)
• Retirement Plan: Participation in 401(k) plan with up to a 3% employer match after 6 months of employment
• Paid Time Off (PTO): 15 days annually (prorated your first year)
• Short Term Disability: 10 days annually of sick time with a doctors note (prorated your first year)
• Holiday Time Off: 11 paid holidays
• Commissions: paid quarterly based on individual and team production
• We offer company paid life insurance: as well as other supplemental insurances
• Tuition reimbursement
• Employee Wellness programs: including fitness club discounts and fitness tracker discounts/ annual reimbursement
• Discounts: on loan products
• Professional development trainings

Click here for Benefit Information

#Univest

#LI-Hybrid

An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

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