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Planet Home Lending, LLC

Funding Associate

Planet Home Lending, LLC, Columbia, Maryland, United States, 21046

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Senior Corporate Recruiter - Planet Home Lending, LLC Join a winning team of innovative thinkers, seasoned mortgage professionals, and financial experts. Build your career at Planet—recognized as a Top Mortgage Employer by National Mortgage Professional.

Job Summary The

Funding Associate

performs various funding and banking operations in support of the treasury team at Planet Home Lending, LLC. The funding associate is responsible for placing funding requests received from all business channels with warehouse banks, monitoring daily reports from warehouse banks to track loan status, and reconciling related debt balances on a daily and monthly basis. Maintain internal rec of daily fundings and reconcile against the warehouse bank records. This individual will interface with personnel in other offices regarding loan documents and closing status and with external banking operations teams. In addition, there will be opportunities for special projects within the Finance and Treasury departments, including but not limited to Planet’s commercial loan channel.

Essential Duties and Responsibilities

Receives daily loan funding requests from branch closing department, reviews package, and requests funds from warehouse banks. Reports loan sales for settlement at warehouse banks.

Monitors daily warehouse bank reports, including collateral status, and maintains internal debt schedules and reconciliations

Performs miscellaneous corporate finance and commercial loan functions

Performs other duties and participates in special projects due to growing business as assigned.

Position Requirements Education

Associates or Bachelors’ degree preferred

Experience

Minimum of two years’ experience in finance role or in operations in the mortgage industry, title company, etc.

Functional/Technical Skills

Basic excel proficiency is critical (i.e. pivot tables, VLOOKUP’s, keyboard shortcuts, and multiple workbook entries)

Ability to multitask and prioritize tasks appropriately

Capable of communicating effectively with various internal and external operations team members in multiple locations

Rudimentary finance or mortgage knowledge

Precision is a must! Attention to detail, including within loan funding packages and third-party reports

Displays strong organizational skills with the ability to consistently meet deadlines

Works well in a fast-paced environment

The ability to work independently but also within a team environment seamlessly

Familiarity with Encompass a plus

Environmental/Physical Demands Work is typically performed in a standard office environment. 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. While performing the duties of this job, the employee is regularly required to sustain predictable work attendance, communicate with others, frequently required to stand, walk, sit, and use arms, hands and fingers to reach, handle or touch. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, and ability to adjust focus. Pursuant to the Americans with Disabilities Act, reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This job description is not designed to cover or contain a comprehensive listing of all activities, duties or responsibilities that are required of an employee. The Company reserves the right to amend or modify this document at any time and without notice.

Our benefits package includes 3 comprehensive Cigna or Kaiser medical plans, dental, and vision insurance. We provide short term and long-term disability insurance, basic life insurance, 401(k), and 11 employer paid holidays. In addition, we offer supplemental benefits to include life insurance, critical illness and accident plans.

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