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Open nowPosted 17 days ago

Loan Funding Specialist

Riverview Bank6 open roles

Where
17205 SE Mill Plain Blvd, Vancouver, WA 98683, USA
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Your applicationOpen nowLoan Funding SpecialistRiverview Bank · 17205 SE Mill Plain Blvd, Vancouver, WA 98683, USA

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  2. CV RocketCV written for this posting.

  3. 25 readersRecruiter, hiring manager, skeptic. Round after round.

  4. CV RocketApplied on Riverview Bank's own form.

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The clock on this job

Early applications get read.

13.4% of postings close within 7 days. Measured by our own scanner across the market. Riverview Bank postings stay open a median of 20 days.

Share of postings closed within
  1. 2.2%1 day
  2. 4.6%3 days
  3. 13.4%7 days
  4. 21.6%14 days
  5. 36.2%30 days
  6. 59.0%60 days
This job: posted 17 days ago

Riverview Bank median: 20 days open

The posting

Job Summary The Loan Funding Specialist is responsible for supporting the timely and accurate disbursement of Consumer/HELOC, Business Banking and Commercial loan proceeds, ensuring compliance with internal policies, loan terms, and regulatory requirements. This role involves collaboration with loan officers, Consumer/HELOC Underwriters, Team Assistants, and closing personnel to verify documentation, input data into banking systems, manage loan disbursements, and handle post-funding documentation. The position demands exceptional attention to detail, organization, and the ability to work within strict deadlines to support the efficient delivery of loan products.

Job Functions

Review basic to moderate signed loan files for completeness and compliance prior to funding. Ensure appropriate signatures, approvals, and disclosures are present and consistent throughout package. Disburse loan proceeds on Consumer/HELOC and Business Banking loans in accordance with internal policies and closing instructions. Perfect lien security. Input and validate loan funding data into the core banking and doc imaging system. 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. Support the resolution of post-closing issues such as wire discrepancies, document corrections, or missing signatures. Maintain confidentiality and ensure the accuracy and integrity of loan records. Participate in and complete training objectives with passing scores. Follow all Riverview Bank policies and procedures. All other duties as assigned.

Typical Experience Include minimum required 0-3 years of experience;

Experience in banking or financial services preferred.

Education

High School GED or equivalent

Knowledge, Skills, and Abilities

Funding Knowledge & Compliance: Understands fundamental loan terminology and general funding processes. Follows written instructions and regulatory guidance with supervisor support. Demonstrates understanding of compliance requirements such as TRID and Reg Z. Data Entry & Accuracy: Performs data entry into banking systems and reconciles funding wires with close attention to accuracy. Maintains confidentiality of sensitive borrower and transaction information. Analytical & Mathematical Skills: Uses basic math to reconcile funding amounts and perform standard calculations. Escalates discrepancies as needed. Communication & Collaboration: Communicates clearly and professionally in emails and calls with external customers and internal personnel to manage funding timelines. Seeks guidance when handling exceptions. Technology Skills: Proficient in MS Office. Uses Excel for basic tracking tasks such as simple logs and updates. Professional Standards: Demonstrates time management skills and meets funding deadlines under supervision. Flexible in adapting to workflow changes. Digital Adaptability:

Demonstrated curiosity and adaptability in leveraging evolving digital tools and artificial intelligence (AI) to enhance work quality, efficiency, decision-making, and client experience. Willingness to continuously learn and responsibly apply emerging technologies in alignment with regulatory and ethical standards

Physical Demands The employee frequently is required to stand; walk; use hands to finger, handle, or feel; and reach with hands and arms. The employee must regularly lift and/or move up to 10 pounds and occasionally lift and/or move up to 50 pounds. Specific vision abilities required by this job include close vision in working with computer, and peripheral vision in acknowledging clients and keeping a general awareness of activity in the work area.

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The salary for this role will be between $20 and $25. The specific salary offered will depend on several factors including but not limited to applicant’s skills and prior relevant experience. Hired candidate may be eligible for healthcare benefits, 401K plan, short term & long-term disability coverage, life insurance, vacation & sick time, educational assistance, and several holidays. Certain roles are eligible for additional rewards

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