Funding & Processing Specialist

Socket.dev; New York (NY); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Health Care Plan (Medical, Dental &amp

Retirement Plan (401k, IRA)

Life Insurance (Basic, Voluntary &

Paid Time Off (Vacation, Sick &

Family Leave (Maternity, Paternity)

Training & Development

Job summary

HighRise Capital is seeking an experienced Funding & Processing Specialist in New York to manage MCA and business financing transactions from submission through funding.

The ideal candidate has hands-on MCA processing experience and can work with brokers, funders, and underwriters to move deals to final funding. This role requires strong organization and the ability to manage multiple active transactions in a fast-paced financial environment.

Qualifications

• Prior MCA or business financing processing experience required.
• Submit deals to funders.
• Review applications and deal packages for completeness.
• Experience collecting bank statements, tax returns, and funding documents.
• Ability to manage multiple deals simultaneously.
• CRM experience.

Responsibilities

• Process MCA and business financing transactions from submission through funding.
• Review applications and deal packages for completeness.
• Collect and organize bank statements, identification, voided checks, tax returns, and other required documents.
• Package files for underwriting.
• Submit deals to funding partners.
• Track approvals, declines, and outstanding stipulations.
• Communicate stipulations to the sales team and obtain missing documentation.
• Work directly with underwriters and funding partners.
• Coordinate contracts and closing documents.
• Review executed contracts for completeness.
• Coordinate funding calls and verification requirements.
• Track transactions through final funding.
• Maintain accurate deal statuses within the CRM.
• Manage multiple active transactions simultaneously.
• Provide management and sales representatives with updates on pending deals.
• Identify problems that could delay funding and work quickly to resolve them.

Skills

MCA deal processing

Submitting deals to funders

Underwriting stipulations

Bank statement requirements

CRM experience

Tools

CRM software

Job description

PRIOR MCA / BUSINESS FINANCE PROCESSING EXPERIENCE REQUIRED

HighRise Capital is seeking an experienced Funding & Processing Specialist to manage transactions from submission through funding.

This is NOT an entry-level position. Candidates MUST have previous hands-on experience processing MCA or business financing transactions. Candidates without relevant industry experience will not be considered.

Responsibilities

• Process MCA and business financing transactions from submission through funding.
• Review applications and deal packages for completeness.
• Collect and organize bank statements, identification, voided checks, tax returns, and other required documents.
• Package files for underwriting.
• Submit deals to funding partners.
• Track approvals, declines, and outstanding stipulations.
• Communicate stipulations to the sales team and obtain missing documentation.
• Work directly with underwriters and funding partners.
• Coordinate contracts and closing documents.
• Review executed contracts for completeness.
• Coordinate funding calls and verification requirements.
• Track transactions through final funding.
• Maintain accurate deal statuses within the CRM.
• Manage multiple active transactions simultaneously.
• Provide management and sales representatives with updates on pending deals.
• Identify problems that could delay funding and work quickly to resolve them.

REQUIRED EXPERIENCE

Applicants MUST have prior professional experience in MCA, alternative business lending, or commercial finance processing.

We are specifically looking for someone who already understands:

• MCA deal processing
• Submitting deals to funders
• Underwriting stipulations
• Bank statement requirements
• Funding documentation
• Contracts
• Funding calls and verifications
• Working with brokers, funders, and underwriters
• Managing deals from submission through funding

We are not looking to train someone from the ground up. You should be able to step into the position with an existing understanding of the MCA/business finance funding process.

Qualifications

• Previous MCA/business finance processing experience — REQUIRED
• Strong knowledge of the deal submission and funding process
• Excellent organizational skills
• Strong attention to detail
• Ability to manage a large pipeline of active transactions
• Excellent written and verbal communication
• Comfortable working in a fast-paced financial sales environment
• CRM experience
• Ability to work effectively with sales representatives, underwriters, funders, and business owners

Performance Expectations

Performance will be measured by deal turnaround time, file accuracy, stipulation turnaround, funded transactions, deal fallout, and overall pipeline management.

• Health Care Plan (Medical, Dental & Vision)
• Retirement Plan (401k, IRA)
• Life Insurance (Basic, Voluntary & AD&D)
• Paid Time Off (Vacation, Sick & Public Holidays)
• Family Leave (Maternity, Paternity)
• Training & Development

Compensation

Competitive base salary plus performance-based bonus opportunities.

Career Growth

Funding & Processing Specialist Senior Funding Specialist Processing Manager Director of Funding Operations