Funding Administrator

Fraser Yachts Group; Town of Florida (NY); On-site; USD 52,000 - 78,000; Full time

Job summary

Fraser Yachts Group seeks a Funding Administrator in New York to ensure loan transactions are processed accurately and in compliance with policies and banking procedures. You will manage funding timelines, coordinate with loan processors, sales reps, customers, and marine agents to close transactions.

The role requires strong organizational skills, attention to detail, and excellent written and verbal communication, with experience in loan funding, notary checks, and deposit monitoring.

Qualifications

• Experience in loan administration and funding processes.
• Strong organizational skills and attention to detail.
• Excellent verbal and written communication abilities.
• Ability to coordinate with loan processors, sales reps, customers, sellers and marine agents.

Responsibilities

• Maintain detailed records of interactions in Hubspot
• Ensure Compliance with regulatory, bank, and internal policies
• Run Giacts to confirm all outgoing wire transfers
• Run complete Notary search and identify any notary discrepancies
• Follow up on outstanding funding stipulations
• Organize funding packages in accordance with funding guidelines
• Monitor deposits and send notifications to accounting and sales representative
• Providing a high level of customer service
• Void and re-issue checks
• Send funding notifications to Accounting
• Identify and report potential issues to Operations Manager
• Other duties as assigned

Job description

OVERVIEW:

The Funding Administrator will ensure that all loan transactions are processed efficiently, accurately, and in compliance with internal policies, regulatory requirements, and bank policies. The Funding Administrator will have experience in loan administration, strong organizational skills, and a thorough understanding of loan funding and banking procedures.

KEY TASKS:

• Maintain detailed records of interactions in Hubspot
• Ensure Compliance with regulatory, bank, and internal policies
• Run Giacts to confirm all outgoing wire transfers
• Run complete Notary search and identify any notary discrepancies
• Follow up on outstanding funding stipulations
• Organize funding packages in accordance with funding guidelines
• Monitor deposits and send notifications to accounting and sales representative
• Providing a high level of customer service
• Void and re-issue checks
• Send funding notifications to Accounting
• Identify and report potential issues to Operations Manager
• Other duties as assigned

KEY RESULT AREAS:

• Loan funding timeline execution
• Excellent organizational and time management skills
• Effective verbal and written communication skills
• Strong analytical skills and keen attention to detail
• Communicate clearly and distinctly with loan processor, sales reps, customers, sellers, marine agents (anyone involved with the closing)

Equal Opportunity Employer
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