Senior Centralized Funding Specialist

🕒 September 15

🐎 Kentucky, Ohio, +2 more states – Remote

🐎 Kentucky – Remote 🏈 Ohio – Remote 🚗 Michigan – Remote 🎸 Tennessee – Remote

⏰ Full Time

🟠 Senior

👻 Ghost score 41%

What it means: the chance that no one is really hiring for this job.How to read it: 60% or higher means we think this is a ghost. Lower scores are less of a worry.Why this score:

• Open for 58 days.
• Jobs at this company usually fill in 21 days.
• Reposted once.
• No salary listed.

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First Merchants Corporation

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 1893

🛡️ Insurance

💼 Consulting

🏦 Banking

Insurance • Consulting • Banking

<First Merchants Corporation> First Merchants Corporation is a regional bank holding company providing consumer, small business, commercial and private wealth banking services. It offers deposit accounts, lending (mortgages, home equity, vehicle, commercial and SBA loans), treasury and liquidity management, merchant services, retirement and investment management, and online/mobile banking. The company emphasizes community support, financial wellness education, and local branch service, and is FDIC-insured and an Equal Housing Lender.

📋 Description

• Review commercial loan documentation operational mechanics for compatibility with the loan system • Collaborate with relationship managers, closers, and other line-of-business personnel to gather information and resolve documentation, closing, boarding, and funding issues • Oversee 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 • Guide team members as a subject matter expert in loan documentation, boarding, and funding processes • Develop and refine documentation procedures and best practices • Engage in cross-functional project teams • Oversee and authorize outgoing wire transfers and OTEs • Participate in pipeline, pre-closing, and closing calls • Identify and escalate deal attributes unsupported by the servicing system or requiring workarounds or manual intervention • Support loan operations with onboarding, funding, and quality review of new or amended attorney-prepared facilities • Prepare and send advance notice and clear-to-close funding and fee notices to participating banks • Apply DMAIC methodology to improve processes when possible

🎯 Requirements

• High school diploma or equivalent (GED) • A minimum of five (5) years of loan administrative or operations experience, in commercial loans • Proficient in syndicated and participation loan transactions • Strong organizational skills and multitasking proficiency • Ability to adapt quickly to changing circumstances and implement effective solutions • Bachelor’s degree is a plus • Lean Six Sigma – Yellow Belt Certified is a plus

🏖️ Benefits

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

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