Senior Centralized Funding Specialist

🔥 2 hours ago

🐎 Kentucky, Ohio, +2 more states – Remote

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

⏰ Full Time

🟠 Senior

👻 Ghost score 10%

What it means: how likely this posting is sitting open without active hiring.How to read it: 60% or higher means we think this is a ghost. Lower scores are less of a worry.How we score it: age, reposts, open roles vs team size, how fast jobs close, and whether pay is listed.Fine print: an estimate from public data, not a judgment of the company. Real jobs can score high, so treat it as a hint, not a fact.

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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 • Help 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 onboarding, funding, and quality review of new or amended attorney-prepared facilities • Prepare and send advance notice, clear-to-close funding, and fee notices to participating banks • Apply DMAIC methodology to improve processes

🎯 Requirements

• High school diploma or equivalent (GED) • A minimum of five (5) years of loan administrative or operations experience, in commercial loans • Bachelor’s degree is a plus • Lean Six Sigma – Yellow Belt Certified is a plus • Proficient in syndicated and participation loan transactions • Strong organizational skills and multitasking proficiency • Ability to adapt quickly to changing circumstances and implement effective solutions • Experience overseeing and authorizing outgoing wire transfers and OTEs (Online Transaction Entry) • Experience with commercial loan documentation, boarding, funding, quality review, and attorney-prepared facilities

🏖️ 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