Funding & Post Closing Manager - Officer

Marquette Bank; Orland Park (IL); On-site; USD 70,000 - 85,000; Full time

Benefits offered by this job

Health insurance

Life insurance

Disability insurance

Retirement plans (401k, ESOP)

Generous paid time off

Free checking account

Job summary

Marquette Bank is seeking a Funding and Post Closing Manager Officer to lead a team responsible for funding commercial and consumer loans and guiding the residential loan process from closing through funding and investor delivery.

You will ensure compliance, accuracy, and timely execution of all fundings and post-closing activities while supervising staff and collaborating with Operations to clear deficiencies and meet regulatory requirements.

Qualifications

• Bachelor's Degree preferred or certification in Business Finance or Real Estate Lending.
• 7-10 years' experience with residential real estate loans.
• Officer/AVP level position with prior management experience required.
• Experienced user of Encompass platform.
• Working knowledge of bank operations, systems, and regulatory guidelines.
• Strong communication, organization, and time management skills.
• Team-oriented with ability to handle multiple tasks.
• Good customer service and problem-solving skills.

Responsibilities

• Validate funding desk requests meet bank requirements before facilitating all loan disbursements and wires.
• Perform daily, weekly, monthly general ledger balancing over multiple accounts.
• Compile monthly reports for management.
• Manage the flow of residential loans from closing, funding, delivery to investors, and booking/sale.
• Monitor loans to meet funding and lock expiration dates; coordinate with title companies and investors.
• Oversee staff performance and review work quality.
• Ensure compliance with BSA, HMDA, CRA and internal policies.

Skills

Leadership / management

Communication

Organization

Time management

Customer service

Analytical / problem-solving

Education

Bachelor's degree preferred

Real Estate Lending certification

Tools

Encompass

Job description

Pay Range: $70,000 - $85,000

Position Summary

The Funding and Post Closing Manager Officer is responsible for their team completing activities related to the funding of all commercial and consumer loan fundings and managing the residential loan process from closing through funding, and delivery to investors. This role ensures compliance, accuracy, and timely execution of all fundings and post-closing activities.

Essential Duties and Responsibilities

• Validate funding desk requests meet bank requirements before facilitating all loan disbursements and wires.
• Perform daily, weekly, monthly general ledger balancing over multiple accounts.
• Compile monthly reports for management.
• Manage the flow of residential loans from closing, funding, delivery to investors, and sale or booking of loans.
• Monitor loans to ensure timely submission to title companies and investors to meet funding and lock expiration dates.
• Clear deficiencies, collaborate with Operations to obtain necessary documents.
• Obtain purchase advice from all investors and verify accuracy of payments received.
• Collect and track first payments. Manage PMI, taxes, and payments due until loans are purchased by investors and balance final remittance.
• Facilitate all appraisal ordering and fee tracking for residential real estate loans.
• Involvement in the Grant process to initiate, process, and submit documentation.
• Respond to all FNMA data requests and investor stipulations for documents.
• Monitor MERS system to ensure all loans are entered and transferred properly.
• Participate in Disaster Recovery/Business Continuity initiatives as assigned.
• Oversee and manage staff. Review work product and performance.
• Actively comply with all applicable laws and regulations to include the Bank Secrecy Act, HMDA, Community Reinvestment Act, and all other deposit, lending, or non-deposit service regulations; adhering to the Bank's internal policies, procedures, and risk management responsibilities contained in the Employee Handbook, the Employee Code of Conduct, and other applicable policies.
• Perform job-related responsibilities that support departmental and organizational goals, consistent with the scope and purpose of the position.

Knowledge/Abilities/Experience and Training Required

• Bachelor's Degree preferred or certification in Business Finance or Real Estate Lending.
• Minimum 7-10 years' experience with residential real estate loans.
• Officer/AVP level position with prior management experience required.
• Experienced user of Encompass platform required.
• Working knowledge of bank operations, systems, and regulatory guidelines.
• Self-motivated and willingness to implement changes to improve bank performance.
• Strong communication, organization, and time management skills.
• Team-oriented.
• Ability to handle and complete multiple tasks under time constraints.
• Good customer service skills.
• Demonstrates an ability to handle difficult and sensitive business situations.
• Good analytical and problem-solving skills.

Physical Demands

• The employee is frequently required to remain in a stationary position.
• Occasional movement within the office may be necessary to access file cabinets, operate office equipment, or retrieve documents.
• Regular operation of a computer and other office devices (e.g., calculator, copier, printer) is required.
• The employee may need to retrieve files from both upper and lower cabinets.
• The employee may be required to lift or move objects weighing up to 10 pounds on a regular basis, and occasionally up to 25 pounds.
• Specific vision abilities necessary for this position include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.

Work Environment/Conditions

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The noise level in the work environment is usually moderate.

We Care About You

Marquette Bank's total rewards package, for eligible employees, will vary based on the pay type of the position and may include variable pay such as performance-based incentives, commissions, target bonus and discretionary bonus. Marquette Bank also offers health insurance, term life and disability insurance, generous time off and two retirement plans: 401(k) Salary Savings Plan and Employee Stock Ownership Plan (ESOP), as well as other perks including a FREE FunRewards checking account. Available rewards may vary by location, job level, employment status, and years of service. To learn more about our rewards.

Equal Opportunity Employer