Funding Specialist (On-site)

Newrez LLC•Coppell, TX

9d•Onsite

About The Position

At Newrez, we bring big thinkers and caring doers together to make home happen. We’re a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other. We believe that when our people thrive, homeowners thrive - and that’s why we invest in your growth, wellbeing, and ability to make an impact. Every day, we work to exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and clear communication. We do this by empowering our employees, encouraging innovative solutions and recognizing great performance.

Requirements

High school diploma or equivalent required.
Minimum of 2 years of experience in a title, mortgage, or financial services company required.
Detail-oriented with strong organizational skills.
Ability to work under pressure and meet deadlines while maintaining a positive attitude and exemplary customer service.
Ability to work independently and complete assignments within established guidelines and standard practices.
Working knowledge of Windows-based applications, including Microsoft Word, Excel, Outlook, and Internet-based tools.
Strong problem-solving and clerical perception skills.
Ability to manage multiple tasks with accuracy and efficiency.
Proficiency with computer systems and virtual display terminals (VDT).
Strong communication skills, both verbal and written.
High level of professionalism, integrity, and attention to detail.
Regular and punctual attendance adhering to schedule established by leadership.
Sedentary work in a stationary position at a cubicle for prolonged periods of time.
Constant repetitive motions required for operating a computer, such as typing and managing phone calls.
Constantly communicating effectively verbally in English, including accurately exchanging information with others following identification of correct procedures.
All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator. Employment will be contingent on this requirement.

Responsibilities

Prepare loan files for funding.
Review all title requirements and recordable documents for accuracy, validity, and insurability.
Release and/or set up wires for disbursement and print checks as required.
Complete final funding processes including overnight checks, booking or posting wires and deposits, wire confirmations, and preparation of FFD paperwork.
Work with vendors, attorneys, and partners to facilitate timely loan funding.
Maintain correspondence with clients and borrowers to obtain corrections and trailing documents as needed.
Communicate delays, exceptions, and issues to customers through review of exception reports.
Report discrepancies, shortages, funding errors, or issues immediately.
Follow up on daily deposits, delayed fundings, escalations, funding issues, funding exceptions, stale checks, and file balances.
Assist with file balances and resolution of stale checks.
Perform RDC deposits and Positive Pay activities.
Mail payments, scan documents, follow up on tax payments, and handle remittance corrections.
Maintain compliance with wire and check policies.
Assist with post-closing, recording, and policy issuance as necessary.

Benefits

Medical, dental, and vision insurance
Health Savings Account with employer contribution
401(k) Retirement plan with employer match
Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave
Adoption Assistance
Tuition & Certification reimbursement
Employee Mortgage Loan Program
The Newrez Employee Emergency and Disaster Fund is a program to support our team members experiencing hardships
1 company-paid Volunteer Time Off day
Matching Gifts Program - dollar-for-dollar up to $1,000
Access to grants, nonprofit resources, and volunteer opportunities