Funding Specialist

Medallion BankSalt Lake City, UT
1dHybrid

About The Position

At Medallion Bank we finance fun! We are an industrial loan bank that specializes in providing consumer loans for the purchase of recreational vehicles, boats, home improvement, and offering loan origination services to fintech partners. We work directly with thousands of dealers, contractors and financial service providers serving their customers throughout the United States. Medallion Bank is a small company with a big impact. We recognize our employees as our greatest asset and have a culture to prove it! How You Will Support The Team: We are seeking a highly motivated and detail oriented Funding Specialist to join the team and be responsible for the funding process of contracts received from dealers or contractors originated in an indirect lending department. Ensure smooth, quick, and efficient funding of loan contract. Involves direct communication with the dealer and the applicant to complete all funding requirements. Responds to funding inquiries from dealers or contractors and financial service providers. Performs other duties as necessary to support the goals and objectives of the department.

Requirements

  • Written and verbal communication skills.
  • Self-motivated and hard working. Must be able to handle multiple functions simultaneously and function in a fast-paced environment.
  • Basic computer skills.
  • Ability to successfully work in a team environment.
  • Ability to make sound decisions and communicate decisions effectively.
  • Willing to work on various projects as needed.
  • Education: High school diploma or equivalent required
  • Loan processing or funding experience in a consumer credit environment preferred, but willing to train the right person.
  • Please note that if selected, you are required to pass a pre-employment background check and maintain a clear background

Nice To Haves

  • Experience in effective contract funding is a plus but not required.

Responsibilities

  • Ensure smooth, accurate, and efficient funding of loan contracts.
  • Work with dealers or contractors and financial service providers to provide professional customer service and develop and strengthen relationships.
  • Work to maintain and increase productivity within the department.
  • Performs other duties as assigned.

Benefits

  • Comprehensive benefits including medical, dental, vision, disability, and life insurance
  • 401K with a company match
  • PTO including 11 federal paid holidays off, vacation time and sick time
  • Financial Wellness Program
  • Volunteer Opportunities
  • Awesome company culture and co-workers who love to work here – 30% of our employees have worked at Medallion Bank for 10 years.
  • Work Life Balance – We don’t use that term lightly!
  • Company Wide Open Door Policy
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