Senior Centralized Funding Specialist

First Merchants Corporation•Columbus, OH

10d•Remote

About The Position

First Merchants Bank is seeking a Senior Centralized Funding Specialist to join their team. This position plays a critical role in supporting the commercial lending process by reviewing and managing loan documentation, boarding and funding in accordance with regulatory requirements and internal policies. The role supports First Merchants' vision by delivering high performing, knowledgeable, and responsive service to internal commercial teams and external bank partners. It involves fostering strong relationships through consistent communication and operational coordination, and demonstrating a commitment to continuous learning and adaptability as Centralized Funding evolves. This position can be remote within our operational footprint.

Requirements

High school diploma or equivalent (GED).
A minimum of five (5) years of loan administrative or operations experience, in commercial loans.

Nice To Haves

Bachelor’s degree.
Lean Six Sigma – Yellow Belt Certified.

Responsibilities

Review commercial loan documentation operational mechanics to determine compatibility with the loan system
Collaborate with relationship managers, closer and other LOB personnel to gather necessary information and resolve documentation, closing, boarding and funding
Oversee the funding of new and amended loan transactions, ensuring timely disbursement and adherence to approval conditions
Maintain detailed records and documentation in loan systems and databases
Act as a subject matter expert to guide team members in loan documentation, boarding and funding processes
Assist in the development and refinement of documentation procedures and best practices
Proficient in syndicated and participation loan transactions
Demonstrates strong organizational skills and multitasking proficiency
Adapts quickly to changing circumstances and implements effective solutions
Engage in cross-functional project teams
Oversee and authorize all outgoing wire transfers and OTEs (Online Transaction Entry)
Engage in pipeline, pre and closing calls
Identify and escalate any deal attributes that are not supported by the servicing system or require significant workarounds or manual intervention
Support loan operations with the onboarding, funding, and quality review of new or amended attorney-prepared facilities
Prepare and send advance notice and clear to close funding and fee notices to participating banks
Use Design, Measure, Analyze, Improve, and Control (DMAIC) methodology to improve processes when possible