Job Description

About this Role

The Warehouse Funding Coordinator is responsible for initial wire release at the onset of new loans by working the loan queue and funding the individual mortgage loan submissions submitted by mortgage bankers (originators and document preparation companies) via bank's Warehouse System of record. All pertinent and required loan information is mapped directly from the mortgage banker's upload to the Bank's Warehouse System. The funder will verify that all information in the loan package is consistent and appears to be correct and that the terms of the mortgage meet the terms of the investor takeout commitment and the banks internal guidelines. Funding Coordinator p erforms all duties in accordance with the company's policies and procedures.

Key Responsibilities

• The position will include receiving warehouse lending funding requests for various products via file uploads in the bank's Warehouse System and processing the file for funding approval and release of the wire to the closing agent.
• Funding Coordinator will review the loan files for completeness and ensure all required loan documentation is received. V alidate data against supporting documents
• Funding Coordinator must communicate with warehouse clients by responding to inquiries via phone and email in a timely & professional manner.
• Funding Coordinator may be backup to processing of daily warehouse payoffs of loans.
• Funding Coordinator must be familiar with the Banks departmental guidelines for quality control of each loan file to ensure the loan meets the guidelines.
• Funder may verify and approve title agencies as needed if they are not already set up and approved in the Warehouse System.
• Funding Coordinator is responsible for cross-training with other departments to assist when other team members are out.
• Funding Coordinator is responsible for completing, and passing, all required regulatory compliance training assigned by the Bank.
• Funding Coordinator must comply with privacy policies and procedures to maintain customer confidentiality and information protection.

Compensation Disclosure

The range for this role takes into account many factors that First Bank considers when making hiring decisions, including but not limited to prior experience, skill set, training, and other internal business and organizational factors. First Bank generally does not hire at or near the top of the stated range. The range is driven by the geographic location of the anticipated hiring location; however, the specific range may vary depending on the geographic location for remote positions. Compensation decisions depend on the specific facts and circumstances of each hiring instance.

A reasonable estimate of the current pay range is $21.85 - $26.77 Qualifications Qualification:

• Prior Warehouse Lending experience strongly preferred.
• Mortgage Loan Processor experience a plus.
• Meticulous with the ability & desire to learn new tasks.
• Superior customer service skills and attitude required.
• Strong verbal and written communication skills required.
• Proficient in Microsoft Office Word & Outlook; Excel is a plus.
• Experience with or the ability to quickly learn the bank's Warehouse System of record.
• Must be familiar with loan documentation or ability to train quickly.
• Strong organizational skills with a willingness to adapt to change as needed in a demanding environment required.
• Ability to manage multiple tasks, projects, and deadlines simultaneously