Funding & Processing Specialist

High Rise Capital•New York, NY

2d•Onsite

About The Position

HighRise Capital is seeking an experienced Funding & Processing Specialist to manage transactions from submission through funding. This is NOT an entry-level position. Candidates MUST have previous hands-on experience processing MCA or business financing transactions. Candidates without relevant industry experience will not be considered.

Requirements

Prior professional experience in MCA, alternative business lending, or commercial finance processing.
Understanding of MCA deal processing.
Understanding of submitting deals to funders.
Understanding of underwriting stipulations.
Understanding of bank statement requirements.
Understanding of funding documentation.
Understanding of contracts.
Understanding of funding calls and verifications.
Experience working with brokers, funders, and underwriters.
Experience managing deals from submission through funding.
Strong knowledge of the deal submission and funding process.
Excellent organizational skills.
Strong attention to detail.
Ability to manage a large pipeline of active transactions.
Excellent written and verbal communication.
Comfortable working in a fast-paced financial sales environment.
CRM experience.

Nice To Haves

Ability to work effectively with sales representatives, underwriters, funders, and business owners.

Responsibilities

Process MCA and business financing transactions from submission through funding.
Review applications and deal packages for completeness.
Collect and organize bank statements, identification, voided checks, tax returns, and other required documents.
Package files for underwriting.
Submit deals to funding partners.
Track approvals, declines, and outstanding stipulations.
Communicate stipulations to the sales team and obtain missing documentation.
Work directly with underwriters and funding partners.
Coordinate contracts and closing documents.
Review executed contracts for completeness.
Coordinate funding calls and verification requirements.
Track transactions through final funding.
Maintain accurate deal statuses within the CRM.
Manage multiple active transactions simultaneously.
Provide management and sales representatives with updates on pending deals.
Identify problems that could delay funding and work quickly to resolve them.