Loan Funding Specialist
4 weeks ago
Job Overview
The role of the Loan Funding Specialist involves managing the financial backing of designated projects through single loan disbursements and overseeing the processing of construction progress payments in alignment with corporate guidelines. This position requires a focus on Loan Payment Management, Cash Flow Oversight, Letters of Credit handling, and various administrative duties. The ideal candidate will exhibit outstanding customer service abilities when engaging with clients, external professionals, and internal teams.
Key Duties:
- Establish new construction financing in the loan management platform, shared repositories, and investor interface.
- Guide and collaborate with external advisors such as legal representatives, insurance agents, and cost evaluators.
- Gather, assess, and confirm loan documentation and funding details from stakeholders and external parties.
- Analyze and process progress payments based on reports from cost evaluators.
- Ensure all necessary approvals from Investors are secured for each payment and uphold mortgage security.
- Record financial transactions in the loan management platform.
- Coordinate internal approvals and communicate with Investors.
- Track follow-up items within the loan management system.
Qualifications:
- Strong organizational and time management capabilities.
- Proficient in MS Office applications.
- Excellent verbal and written communication skills.
- Robust analytical and problem-solving abilities.
- Capacity to foster relationships and deliver exceptional customer service.
- Self-motivated, driven, and capable of working autonomously as well as part of a team.
- Post-Secondary Education (Diploma or Degree) is preferred.
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