Loan Boarding & Funding Specialist

First Northern Bank of Dixon•Sacramento, CA

11h•Onsite

About The Position

This role is responsible for the accurate setup and funding of loans within core systems, ensuring proper payment structures and data integrity. The position supports pre-funding and funding activities while maintaining compliance and accuracy across all loan boarding processes.

Requirements

Minimum of 2 years of experience in loan operations, loan documentation, or financial services support, including exposure to lending products and loan processes within a financial institution.
Demonstrated working knowledge of loan systems and core banking platforms, with strong data entry accuracy, system navigation skills, and proficiency in Microsoft Office applications.
Foundational understanding of loan documentation, closing processes, and lending products, including consumer, commercial, and mortgage loans.
Accuracy and Thoroughness – strong attention to detail
Adaptability – can deal with frequent change, delays, or unexpected events without being derailed or becoming overwhelmed
Attendance – consistently at work on time
Collaboration – ability to work well with other departments and individuals, maintaining communication needed to keep the workflow going
Communication – precise and exact when delivering information
Compliance – consistently adhere to Bank policies and regulations, reinforce training to ensure that bank employees are aware of UDAAP and do not harm consumers with any act that could be misleading, unfair, deceptive, or abusive in act or practice
Reliability – complete tasks on time or notifies appropriate person with an alternate plan
Teamwork – maintain a positive working relationship with your team members

Responsibilities

Board loans to the core system, ensuring accuracy of loan terms, data, and structure.
Review executed loan documentation prior to funding to confirm completeness and compliance with approvals.
Verify all funding conditions are met and process loan funding and advance transactions.
Validate loan details, including rates, terms, maturity dates, and payment schedules.
Set up loan structures, including escrow accounts, interest reserves, participations, and fee arrangements.
Process payoff disbursements and wire transactions in accordance with procedures.
Perform callback verifications in compliance with internal controls and dual-control requirements.
Process routine maintenance requests, including statement setup, autopay enrollment, and borrower information updates as needed.
Assist with balancing and reconciliation activities to support accuracy of financial records.
Provide support for insurance and escrow administration tasks.
Cross-train in servicing functions to support operational coverage.
Perform other duties as assigned to support departmental operations.