Mortgage Funding Administrator

STRIDE BANK NAOklahoma City, OK
11hOnsite

About The Position

The NQM Funding Administrator assists with the operational processes associated with NQM correspondent loan purchases and sales; manages collateral tracking, documentation and workflow QC, and servicing on-boarding to ensure controlled and efficient execution.

Requirements

  • Superior organizational discipline and attention to detail.
  • Experience with Microsoft Excel, required; macros, scripts, and/or BI tools a plus.
  • Strong technical skills for data manipulation, reporting, and control.
  • Excellent verbal, written, and interpersonal communication skills.
  • Ability to organize and prioritize work and meet strict deadlines in a fast-paced environment.

Nice To Haves

  • Bachelor's degree in Business Administration, or a related field, preferred.
  • Mortgage or asset-backed origination, trading, or pricing experience, preferred.
  • Experience with data management, process automation, and reporting, a plus.
  • Mortgage origination experience a plus.
  • Background in asset pricing capital markets and/or in mortgage secondary a plus.

Responsibilities

  • Assists with operational processes for loan acquisitions including calculating and confirming purchase requests, reviewing initial documentation, preparing and submitting purchase requests, and confirming execution through established internal workflows.
  • Maintains a centralized, audit-ready repository of loan purchase records, ensuring accuracy, completeness, and organizational consistency.
  • Retrieves, reviews, and verifies loan documents for purchased loans, manages the initial package and data to initiate the purchased asset lifecycle.
  • Serves as the primary point of contact for sellers, and the internal point of contact for loan purchases.
  • Monitors trailing and collateral documentation post-purchase, and designs, implements, and optimizes acquisition workflows to support efficient document delivery and servicer boarding.
  • Manages loan cancellation, change, and exception documentation and updates internal processes and workflows to reflect status changes, operational impacts, and compliance requirements.
  • Supports Non-QM operational functions, including downloading and standardizing pipeline data files, and creating and managing purchase templates and documents.
  • Assists with the execution and documentation of loan sales, as needed; prepares, organizes, and communicates biweekly trades with sellers, investors, and internal Bank teams, reconciles investor pricing, confirms pricing with sellers, and distributes required documentation for trade execution.
  • Performs other duties as assigned.

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What This Job Offers

Job Type

Full-time

Career Level

Entry Level

Education Level

High school or GED

Number of Employees

51-100 employees

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