Funding Coordinator - In Office - Paramus, NJ

Longbridge Financial; Paramus (NJ); On-site; USD 43,000 - 48,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

HSA/FSA

Paid time off

Company-paid life insurance

401(k) match

Job summary

Longbridge Financial is seeking a Funding Coordinator to support in-office loan funding activities in Paramus, NJ. The role involves daily wire requests, coordination with accounting and banks, and timely communication with title companies.

Qualifications include attention to detail, strong communication, and proficiency with MS Excel/Outlook. This is a full-time, in-office position with benefits and a base salary of 43k–48k plus performance-based bonus.

Qualifications

• Attention to detail and accuracy in processing loan fundings.

Responsibilities

• Prepare and submit daily wire requests to accounting department for loan fundings.
• Coordinate and communicate daily fundings with accounting department and warehouse banks for HELOC loans.
• Assign and monitor HELOC loans scheduled to fund to ensure timely review and escalate issues to management.
• Communicate with title companies and partners to obtain closing packages in a timely manner for multiple channels and products.
• Assign files to a Funding Specialist based on priority, product, channel, and availability.
• Communicate with management of potential delays that could affect funding or purchases.
• Receipt in new loans and upload documents to ICE for indexing.
• Manage Funding Department inbox including answering general funding questions and escalating when necessary.
• Maintain logs of loan files and review daily Funding Reconciliation Log to ensure data integrity.

Skills

Attention to detail

Verbal and written communication

Time management

Multitasking

Integrity

Organizational ability

Tools

MS Excel

MS Outlook

Job description

Funding Coordinator - In Office - Paramus, NJ

• Full-time

At Longbridge, we love seniors and we’re passionate about helping them unlock the power of one of their greatest assets—their 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 equity—with guidance every step of the way.

But it’s not just our customers who love us—our 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 within- because 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.

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 fundings
• Coordinate and communicate daily fundings directly with accounting department and warehouse banks for HELOC loans
• Assign and monitor HELOC loans scheduled to fund to ensure timely review and elevate issues to management as needed
• Communicate with title companies and partners to obtain closing packages in a timely manner for multiple channels and products
• Assign files to a Funding Specialist based on priority, product, channel, and availability etc
• Communicate with management of any potential delays that could result in files not being funded or purchased as scheduled
• Receipt in new loans and upload documents to ICE for indexing
• Manage Funding Department inbox including answering general funding questions, looping in assigned Funding Specialist, and escalating to management when necessary
• Maintain thorough and organized logs of loan files
• Review daily Funding Reconciliation Log to maintain data integrity

Required Knowledge and Experience

• Attention to detail, self-motivated, takes initiative
• Excellent verbal and written communication skills
• Strong time management and prioritization skills
• Ability to multitask and work well under pressure
• Elevated level of integrity and trust
• Proficient in MS Office Excel, MS Outlook, and the ability to learn new software
• Detail-oriented individual with good organizational ability
• This position is in office, reporting to our Paramus, NJ location
• Hours are 8:30-5:00 PM EST, with extended hours required during month end
  • Working in a growing and dynamic industry
  • Full benefits: Medical, Dental, Vision, FSA/HSA, and wide array of voluntary products and discounts
  • 401(k) with company match
  • Paid time off
  • This is a non-exempt role
  • Target 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 bonusthat is based on individual performance.
  • LBF is an EEO/AA/Vet/Disabled Employer
  • Please 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.