Senior Centralized Funding Lead (Remote)

First Merchants Brand

Indiana (PA, MI)

Hybrid

USD 85,000 - 112,000

Full time

7 days ago
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Benefits offered by this job

Medical, Dental and Vision Insurance
401k
Health Savings and Flexible Spending
Vacation/Sick Time
Paid Holidays
Tuition Reimbursement
Additional Benefits

Job summary

First Merchants Bank is seeking a Senior Centralized Funding Specialist to join our team. This role oversees the funding of commercial loan transactions, reviews documentation, and ensures compliance with policy and regulatory requirements.

The position supports internal teams and external bank partners. The ideal candidate has 5+ years of loan operations experience, with a Lean Six Sigma Yellow Belt certification being a plus.

Qualifications

  • Minimum of five (5) years of loan administrative or operations experience in commercial loans.
  • Lean Six Sigma – Yellow Belt Certified is a plus.

Responsibilities

  • Review commercial loan documentation operational mechanics to determine compatibility with the loan system.
  • Collaborate with relationship managers, closer and other LOB personnel to gather information and resolve documentation, closing, boarding and funding.
  • Oversee the funding of new and amended loan transactions, ensuring timely disbursement and adherence to approval conditions.
  • Maintain detailed records and documentation in loan systems and databases.
  • Act as a subject matter expert to guide team members in loan documentation, boarding and funding processes.
  • Assist in the development and refinement of documentation procedures and best practices.
  • Proficient in syndicated and participation loan transactions.
  • Engage in cross-functional project teams.
  • Oversee and authorize all outgoing wire transfers and OTEs.
  • Identify and escape deal attributes not supported by servicing system.

Skills

Loan documentation
Funding coordination
DMAIC methodology
Lean Six Sigma Yellow Belt
Cross-functional collaboration
Syndicated/participation loans

Education

High school diploma or GED

Job description

First Merchants Bank is seeking a Senior Centralized Funding Specialist to join our team. This role oversees the funding of commercial loan transactions, reviews documentation, and ensures compliance with policy and regulatory requirements.

The position supports internal teams and external bank partners. The ideal candidate has 5+ years of loan operations experience, with a Lean Six Sigma Yellow Belt certification being a plus.

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