Funding Specialist

Medallion Bank; Salt Lake City (UT); Hybrid; USD 42,000 - 58,000; Full time

Benefits offered by this job

Health benefits

401K plan

Paid time off

Volunteer opportunities

Work-life balance

Open door policy

Job summary

Medallion Bank, a Utah-based hybrid employer, seeks a Funding Coordinator to ensure the smooth funding of loan contracts from dealers and applicants. You will communicate directly with dealers and financial providers, handling funding inquiries and supporting departmental objectives.

This role emphasizes accuracy, timeliness, and strong teamwork in a dynamic environment. The position requires a high school diploma or equivalent, with training provided for loan processing in a consumer credit

Qualifications

• Written and verbal communication skills.
• Experience in effective contract funding is a plus but not required.
• Self-motivated and hard working. Must be able to handle multiple functions simultaneously and function in a fast-paced environment.
• Basic computer skills.
• Ability to successfully work in a team environment.
• Ability to make sound decisions and communicate decisions effectively.
• Willing to work on various projects as needed.

Responsibilities

• Responsible for the funding process of contracts received from dealers or contractors originated in an indirect lending department. Ensure smooth, quick, and efficient funding of loan contract.
• Involves direct communication with the dealer and the applicant to complete all funding requirements.
• Responds to funding inquiries from dealers or contractors and financial service providers.
• Performs other duties as necessary to support the goals and objectives of the department.

Skills

Written and verbal communication

Teamwork

Self-motivation

Basic computer skills

Decision making

multitask

Education

High school diploma or equivalent

Job description

Please Note: This is a Utah-based hybrid position, which will require some regular in-office days each week. Additionally, employment with Medallion Bank is contingent on passing both a background check and maintaining a clean background.

Who we are:

At Medallion Bank we finance fun! We are an industrial loan bank that specializes in providing consumer loans for the purchase of recreational vehicles, boats, home improvement, and offering loan origination services to fintech partners. We work directly with thousands of dealers, contractors and financial service providers serving their customers throughout the United States. Medallion Bank is a small company with a big impact. We recognize our employees as our greatest asset and have a culture to prove it!

How you will support the team:

Responsible for the funding process of contracts received from dealers or contractors originated in an indirect lending department. Ensure smooth, quick, and efficient funding of loan contract. Involves direct communication with the dealer and the applicant to complete all funding requirements. Responds to funding inquiries from dealers or contractors and financial service providers. Performs other duties as necessary to support the goals and objectives of the department.

What we are looking for:

• Ensure smooth, accurate, and efficient funding of loan contracts.
• Work with dealers or contractors and financial service providers to provide professionalcustomer service and develop and strengthen relationships.

You would be a GREAT fit with these skills:

• Written and verbal communication skills.
• Experience in effective contract funding is a plus but not required.
• Self-motivated and hard working. Must be able to handle multiple functions simultaneously and function in a fast-paced environment.
• Basic computer skills.
• Ability to successfully work in a team environment.
• Ability to make sound decisions and communicate decisions effectively.
• Willing to work on various projects as needed.

Level of experience:

• High school diploma or equivalent required.
• Loan processing or funding experience in a consumer credit environment preferred, butwilling to train the right person.

Physical environment and physical demands and requirements:

• Cubicle or home office with minimal exposure to distractions or environmental hazards.
• Occasional overtime may be required based on business needs.
• Required to pass a preemployment background check and maintain a clear background.

What's in it for YOU?

• Office-based, with the ability to work from home 2 days per week.
  • Shift: Full time, 35-40 hours per week
• Comprehensive benefits including medical, dental, vision, disability, and life insurance
• 401K with a company match
• PTO including 11 federal paid holidays off, vacation time and sick time
• Financial Wellness Program
• Volunteer Opportunities
• Awesome company culture and co-workers who love to work here!
• Work Life Balance - We don't use that term lightly!
• Company Wide Open Door Policy