Senior Loan Booking & Funding Specialist

Seacoast Bank•Miami, FL

13d

About The Position

The Senior Loan Booking & Funding Specialist books all types of loans, including complex structures, and processes funding requests for participated and syndicated loans. The role ensures loan packages are executed in accordance with Bank policies, procedures, and regulatory requirements; maintains accurate core loan and investor accounting systems for Fannie Mae delivery; and balances general ledger accounts, researching and correcting discrepancies. The Specialist also guides other associates, documents procedures, resolves operational issues, and supports customers and internal partners. The position requires collaboration with lending, branch, residential, and servicing personnel to deliver accurate and timely loan booking and superior customer service while complying with applicable laws, regulations, and Bank policies.

Requirements

Seven or more years of general banking experience, including five or more years of mortgage, commercial, and/or consumer loan servicing or documentation experience.
Specific knowledge of loan booking and servicing policies, procedures, and regulations.
Strong knowledge of Fannie Mae Servicing Guide requirements and investor setup and reporting.
Excellent written and verbal communication and interpersonal skills.
Ability to work independently and exercise a high degree of initiative.
Attention to detail.
Proficiency with desktop or laptop computers and Microsoft Office Suite, with the ability to transfer skills to other software programs.
Loan servicing experience with IBS Core systems.
Flexible schedule, including availability during operating hours, weekends, and occasional non-bank operational hours.
Specific knowledge of credit-related regulations.

Responsibilities

Book and fund assigned new loans, including extensions, modifications, conversions, and renewals, using loan origination systems or manual processes when necessary; balance and process monetary transactions.
Book participated, syndicated, and specialty finance loans, including maintaining files for modifications and extensions.
Process loan draws and request funding from participating banks.
Book closed loans accurately into servicing and investor accounting systems for Fannie Mae delivery; validate loan data and delivery commitments, verify escrow, payment schedules, ARM parameters, and investor codes, and ensure accurate post-funding boarding.
Resolve onboarding issues affecting borrower billing or remittance, research variances and investor inquiries, and support audits, servicing reviews, and quality-control findings.
Maintain compliance with Fannie Mae Servicing Guides and internal policies, and partner with Servicing to resolve onboarding issues.
Track loans and complete required follow-up; work with loan personnel to ensure accurate and timely booking.
Assist coworkers with daily work and perform other assigned duties.
Communicate missing booking information to line personnel and process loan transfers according to procedures.
Balance general ledger accounts, including Loan Control, and research and correct discrepancies according to account procedures.
Respond to external customer and in-house inquiries about loan and Booking/Funding Department functions, including unusual and complex matters; provide written correspondence as applicable.
Provide assistance, guidance, and training to users of loan systems and operations; coordinate with the Team Lead to communicate system changes or problems to relevant lending and customer service personnel.
Receive commercial revolving-line draw requests, verify fund availability, and process draws.
Assist with creating and testing systems, procedures, and reports that control, balance, and monitor loan-system database and general ledger accuracy.
Process loan extensions, due-date changes, and loss-mitigation modifications.
Assist with developing, writing, and maintaining functional procedures, forms, and audit and compliance follow-up.
Participate in department projects and perform other department tasks as assigned.
Maintain quality partnerships with Lending, Branch, and Residential personnel and adhere to legal and ethical standards, government regulations, Bank policies, AML/BSA requirements, operational and audit procedures, risk and control expectations, dual-control requirements, security, and Business Continuity requirements.