Loan Boarding & Funding Specialist
$43,680–$47,840 year
On-site · Sacramento, California, United States
Job Summary
This role is responsible for the accurate setup and funding of loans within core systems, ensuring correct loan terms and data integrity. It supports pre-funding and funding activities, reviews loan documentation before funding, verifies funding conditions, processes loan funding and payoff transactions, and sets up loan structures (escrow accounts, interest reserves, participations, and fees). It also handles payoff disbursements, wire transactions, callback verifications, routine maintenance (statements, autopay, borrower updates), and provides cross-training in servicing functions to support operational coverage while adhering to bank policies and controls. Strong attention to detail, collaboration with multiple departments, and compliance with UDAAP and regulatory requirements are essential. The position is full-time with competitive compensation and benefits, and opportunities for growth and bonuses.
Required Qualifications
- Minimum of 2 years of experience in loan operations, loan documentation, or financial services support, including exposure to lending products and loan processes within a financial institution
- Demonstrated working knowledge of loan systems and core banking platforms, with strong data entry accuracy, system navigation skills, and proficiency in Microsoft Office applications
- Foundational understanding of loan documentation, closing processes, and lending products, including consumer, commercial, and mortgage loans
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