Funding Coordinator - In Office - Paramus, NJ
At Longbridge, we love seniors and we're passionate about helping them unlock the power of one of their greatest assetstheir home equity.
As a leading provider of home equity solutions for seniors, we're committed to helping older homeowners make the most of what they've worked hard to build, so they can live the retirement they imagined.
And we don't just do it well, we do it really well. With an "Excellent" rating on Trustpilot and over a thousand customer testimonials, we've earned a reputation for making it easy and stress-free to access home equitywith guidance every step of the way.
But it's not just our customers who love usour team does, too! We've been named a Great Place to Work three years in a row because we believe that when people enjoy what they do and where they do it, everyone wins.
Why Longbridge?
At Longbridge, we don't just offer jobs, we offer careers that grow with you. Here's why you'll love being part of our team :
- Grow With Us We're big believers in investing in our people. From top-notch training to clear career paths, we support your professional growth every step of the way. Plus, we love promoting from withinbecause when you succeed, we all do.
- A Culture That Clicks We work hard, but we have fun doing it! Whether it's team-building events, friendly competitions, or just an atmosphere of open communication and collaboration, we make sure work feels less like "just work."
- Benefits That Have Your Back We've got you covered with best-in-class health plans (medical, dental, vision, HSA, and FSA), generous PTO, paid holidays, company-paid life insurance, and a competitive 401(k) match. Because taking care of our team is just as important as taking care of our customers.
If you're looking for a place where your work truly makes a difference, we'd love to have you on board. Apply today and let's do great things together!
Job Description
The Funding Coordinator plays a pivotal role in ensuring loans are promptly received and assigned to a Funding Specialist in a timely manner for review. They will be responsible to effectively and efficiently communicate and coordinate with multiple internal and external parties to ensure loans are funded as scheduled across multiple channels and products.
Primary Job Duties :
Prepare and submit daily wire requests to accounting department for loan fundingsCoordinate and communicate daily fundings directly with accounting department and warehouse banks for HELOC loansAssign and monitor HELOC loans scheduled to fund to ensure timely review and escalate issues to management as neededCommunicate with title companies and partners to obtain closing packages in a timely manner for multiple channels and productsAssign files to a Funding Specialist based on priority, product, channel, and availability etcCommunicate with management of any potential delays that could result in files not being funded or purchased as scheduledReceipt in new loans and upload documents to ICE for indexingManage Funding Department inbox including answering general funding questions, looping in assigned Funding Specialist, and escalating to management when necessaryMaintain thorough and organized logs of loan filesReview daily Funding Reconciliation Log to maintain data integrityQualifications
Required Knowledge and Experience :
Attention to detail, self-motivated, takes initiativeExcellent verbal and written communication skillsStrong time management and prioritization skillsAbility to multitask and work well under pressureElevated level of integrity and trustProficient in MS Office Excel, MS Outlook, and the ability to learn new softwareDetail-oriented individual with good organizational abilityThis position is in office, reporting to our Paramus, NJ locationHours are 8 : 30-5 : 00 PM EST, with extended hours required during month endAdditional Information
Working in a growing and dynamic industryFull benefits : Medical, Dental, Vision, FSA / HSA, and wide array of voluntary products and discounts401(k) with company matchPaid time offThis is a non-exempt roleTarget base salary range is 43K- 48K which is based on various factors including skills and work experience.In addition to base salary, this role is eligible for a competitive additional compensation program via monthly production bonus that is based on individual performance.LBF is an EEO / AA / Vet / Disabled EmployerPlease note that salaries that are estimated on various job sites may not reflect the actual compensation. Job sites, set the estimated salary, not Longbridge Financial.Important Note : When you click on a video, certain personal information may be sent to the video provider (such as YouTube, Vimeo, etc.). To learn more about our privacy practices, please review our company Privacy Notice.