Funding Specialist - Paramus Office

Longbridge Financial

Paramus (NJ)

On-site

USD 45,000 - 47,000

Full time

4 days ago
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Benefits offered by this job

Medical
Dental
Vision
FSA/HSA
401(k)
Paid time off

Job summary

Longbridge Financial in Paramus, NJ is seeking a Funding Specialist to review closing packages for pre-funding and pre-purchase compliance before wires are funded or loans purchased. This on-site role supports collaboration with loan officers, settlement agents and lenders to ensure timely funding and purchase.

The position emphasizes precise attention to detail, strong time management, and the ability to work both independently and as part of a team. Office hours are Monday–Friday, 8:30–5:00.

Qualifications

  • Precise attention to detail required.
  • Strong time management skills required.
  • Able to work independently and as part of a team.
  • Excellent communication and customer service skills.
  • Proficient with PC software: IE, Outlook, Excel and Word.

Responsibilities

  • Review closing packages for pre-funding and pre-purchase compliance.
  • Coordinate with inside staff, loan officers, settlement agents and lenders to fund and purchase loans timely.
  • Verify that all underwriting pre-funding and pre-purchase conditions are met.
  • Maintain data integrity of LOS fields.
  • Verify and balance wire amounts for daily reconciliation.
  • Coordinate with settlement agents to ensure loans are fully disbursed.

Skills

Attention to detail
Time management
Independent and team worker
Communication skills
PC software literacy

Tools

Internet Explorer
Microsoft Outlook
Microsoft Excel
Microsoft Word

Job description

The Funding Specialist

is responsible for the review of closing packages to ensure loans are fully compliant before initiating a wire to fund and/or purchase loans. This position is located in our Paramus, NJ Headquarters, this is not a remote role.

Primary Job Duties:
  • Utilize checklist to complete pre-funding / pre-purchase review of closing documents
  • Communicate with inside staff, loan officers, settlement agents and lenders to ensure loans are funded and purchased in a timely manner
  • Determine all underwriting pre-funding and pre-purchase conditions have been satisfied
  • Maintain data integrity of LOS fields
  • Verify and balance wire amounts for daily reconciliation
  • Coordinate with settlement agents to ensure loans are fully disbursed
Key Attributes:
  • Precise attention to detail
  • Strong time management skills, along with the ability to multitask
  • Must be able to work independently and part of a team
  • Excellent communication and customer service skills
  • Skilled in the use of personal computers and related software applications, specifically Internet Explorer, Microsoft Outlook, Microsoft Excel and Word
  • The ability to work in office Monday - Friday 8:30- 5:00pm
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 45- 47K 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 bonus that 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.

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