Loan Funding Specialist

Info Resume Edge; Sharjah; On-site; AED 60,000 - 80,000; Full time

Job summary

A leading lending operations company is seeking an experienced Loan Funding Specialist to ensure accurate and timely disbursement of loan funds. Key responsibilities include reviewing loan packages for compliance, coordinating with various parties to schedule funding, and maintaining accurate records. Candidates should have at least 2 years of experience in loan operations and strong attention to detail. This role offers opportunities for growth within a dynamic environment.

Qualifications

• 2 years of experience in loan funding, loan closing, or loan operations.
• Strong understanding of funding processes and federal/state lending regulations.
• Familiarity with wire transfer and escrow procedures.

Responsibilities

• Review final approved loan packages for compliance before funding.
• Coordinate with title companies and loan processors to schedule funding.
• Prepare and disburse loan funds accurately and timely.

Skills

Loan documentation compliance

Attention to detail

Organizational skills

Communication skills

Time management

Education

High school diploma or equivalent; Associate or Bachelor's degree in Finance, Business or a related field preferred

Tools

Loan origination systems

Funding software (e.g. Encompass, Calyx)

Job description

We are looking for an experienced and detail-oriented Loan Funding Specialist to join our lending operations team. The Loan Funding Specialist is responsible for the accurate and timely disbursement of loan funds reviewing final loan packages ensuring compliance with regulatory and company policies and coordinating with internal and external parties to ensure a smooth funding process.

Key Responsibilities

• Review final approved loan packages for completeness accuracy and compliance before funding.
• Verify that all closing conditions and documentation requirements have been satisfied.
• Coordinate with title companies escrow agents closing attorneys and loan processors to schedule funding.
• Prepare and disburse loan funds accurately and in a timely manner.
• Confirm wire instructions calculate final loan figures and initiate funding requests.
• Ensure all documents (e.g. promissory notes closing disclosures funding authorizations) are properly signed and dated.
• Maintain accurate records of disbursed loans and reconcile funding reports.Communicate funding status updates to internal teams and external partners.
• Identify and resolve funding issues or discrepancies promptly.
• Stay updated on regulatory requirements and funding procedures for various loan types (e.g. mortgage consumer commercial).

Requirements

• High school diploma or equivalent; Associate or Bachelors degree in Finance Business or a related field preferred.
• 2 years of experience in loan funding loan closing or loan operations.
• Strong understanding of loan documentation compliance and funding processes.
• Familiarity with federal and state lending regulations (e.g. RESPA TRID TILA).
• Proficiency with loan origination systems and funding software (e.g. Encompass Calyx or similar).
• Exceptional attention to detail and accuracy.
• Strong organizational and communication skills.
• Ability to manage multiple tasks and meet tight deadlines.

Preferred Qualifications

• Experience with mortgage commercial or consumer loan funding.
• Knowledge of wire transfer and escrow procedures.
• Certification in mortgage or loan operations is a plus (e.g. CMLP NMLS).