Loan Funding Specialist

Riverview Bank•Vancouver, WA

3d•$20 - $25

About The Position

The Loan Funding Specialist supports the timely and accurate disbursement of Consumer/HELOC, Business Banking, and Commercial loan proceeds. The role ensures funding complies with internal policies, loan terms, and regulatory requirements. It collaborates with loan officers, Consumer/HELOC Underwriters, Team Assistants, closing personnel, and external parties to verify documentation, enter data into banking systems, manage disbursements, and handle post-funding documentation. The position requires attention to detail, organization, and the ability to meet strict deadlines. The role reviews signed loan files, verifies signatures, approvals, and disclosures, disburses loan proceeds, perfects lien security, tracks outstanding conditions, reconciles daily funding totals, and maintains complete audit trails. It also supports post-closing issue resolution, prepares funding reports and audit packages, protects confidential loan records, completes required training, and follows Riverview Bank policies and procedures. Other duties may be assigned.

Requirements

High school diploma, GED, or equivalent.
0–3 years of experience.
Understanding of fundamental loan terminology and general funding processes; ability to follow written instructions and regulatory guidance with supervisor support.
Understanding of compliance requirements such as TRID and Regulation Z.
Ability to perform accurate data entry in banking systems and reconcile funding wires while maintaining confidentiality of borrower and transaction information.
Basic mathematical and analytical skills for reconciling funding amounts and performing standard calculations; ability to escalate discrepancies.
Clear, professional communication with external customers and internal personnel, and willingness to seek guidance when handling exceptions.
Proficiency in Microsoft Office, including Excel for basic tracking tasks.
Time-management skills and ability to meet funding deadlines under supervision.
Flexibility in adapting to workflow changes.
Curiosity and adaptability in using evolving digital tools and artificial intelligence to improve work quality, efficiency, decision-making, and client experience; willingness to learn and apply emerging technologies responsibly and in keeping with regulatory and ethical standards.
Ability to meet the stated physical demands, including frequent standing, walking, hand use, and reaching; regular lifting or moving of up to 10 pounds and occasional lifting or moving of up to 50 pounds; and close and peripheral vision.

Nice To Haves

Experience in banking or financial services.

Responsibilities

Review basic to moderate signed loan files for completeness and compliance before funding.
Ensure appropriate signatures, approvals, and disclosures are present and consistent throughout loan packages.
Disburse Consumer/HELOC and Business Banking loan proceeds in accordance with internal policies and closing instructions.
Perfect lien security.
Enter and validate loan funding data in the core banking and document imaging systems.
Monitor and track outstanding funding conditions and coordinate with stakeholders to resolve them.
Reconcile and balance funding totals daily and ensure audit trails are complete.
Communicate with internal departments, title companies, escrow agents, and borrowers to confirm funding requirements.
Prepare funding reports, post-funding documentation, and audit packages.
Follow compliance standards, including Regulation Z, RESPA, and internal operational guidelines.
Help resolve post-closing issues, such as wire discrepancies, document corrections, or missing signatures.
Maintain confidentiality and the accuracy and integrity of loan records.
Participate in and complete training objectives with passing scores.
Follow all Riverview Bank policies and procedures.
Perform other duties as assigned.