Mortgage Funding Administrator

Stride Bank, N.A.; Tulsa (OK); On-site; USD 50,000 - 70,000; Full time

Job summary

A financial institution is seeking a NQM Funding Administrator in Tulsa, OK to assist with loan acquisitions and operational processes. The role involves maintaining documentation accuracy, serving as a point of contact for sellers, and optimizing workflows related to loan purchases. Ideal candidates will hold a Bachelor's degree and possess strong Excel skills, along with a commitment to organizational discipline and detail-oriented work. This position is vital for ensuring efficient execution in a fast-paced environment.

Qualifications

• Bachelor's degree in Business Administration or related field preferred.
• Experience in mortgage or asset-backed origination preferred.
• Proficiency in data management and reporting a plus.

Responsibilities

• Assist with operational processes for loan acquisitions.
• Maintain an audit-ready repository of loan purchase records.
• Serve as the point of contact for sellers and loan purchases.
• Monitor documentation post-purchase and optimize workflows.
• Support Non-QM operational functions as needed.

Skills

Organizational discipline

Attention to detail

Excel skills

Communication skills

Education

Bachelor's degree in Business Administration

Tools

Microsoft Excel

BI tools

Job description

The NQM Funding Administrator assists with the operational processes associated with NQM correspondent loan purchases and sales; manages collateral tracking, documentation and workflow QC, and servicing on-boarding to ensure controlled and efficient execution.

Principal Duties And Responsibilities

• Assists with operational processes for loan acquisitions including calculating and confirming purchase requests, reviewing initial documentation, preparing and submitting purchase requests, and confirming execution through established internal workflows.
• Maintains a centralized, audit-ready repository of loan purchase records, ensuring accuracy, completeness, and organizational consistency.
• Retrieves, reviews, and verifies loan documents for purchased loans, manages the initial package and data to initiate the purchased asset lifecycle.
• Serves as the primary point of contact for sellers, and the internal point of contact for loan purchases.
• Monitors trailing and collateral documentation post-purchase, and designs, implements, and optimizes acquisition workflows to support efficient document delivery and servicer boarding.
• Manages loan cancellation, change, and exception documentation and updates internal processes and workflows to reflect status changes, operational impacts, and compliance requirements.
• Supports Non-QM operational functions, including downloading and standardizing pipeline data files, and creating and managing purchase templates and documents.
• Assists with the execution and documentation of loan sales, as needed; prepares, organizes, and communicates biweekly trades with sellers, investors, and internal Bank teams, reconciles investor pricing, confirms pricing with sellers, and distributes required documentation for trade execution.
• Performs other duties as assigned.

Qualifications

Education And/Or Experience

• Bachelor's degree in Business Administration, or a related field, preferred.
• Mortgage or asset-backed origination, trading, or pricing experience, preferred.
• Experience with data management, process automation, and reporting, a plus.

Knowledge, Skills, And Abilities

• Superior organizational discipline and attention to detail.
• Mortgage origination experience a plus.
• Background in asset pricing capital markets and/or in mortgage secondary a plus.
• Experience with Microsoft Excel, required; macros, scripts, and/or BI tools a plus.
• Strong technical skills for data manipulation, reporting, and control.
• Excellent verbal, written, and interpersonal communication skills.
• Ability to organize and prioritize work and meet strict deadlines in a fast-paced environment.