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Funding & Processing Specialist

Job in New York, New York County, New York, 10261, USA
Listing for: Socket.dev
Full Time position
Listed on 2026-09-24
Job specializations:
  • Finance & Banking
    Banking & Finance, Loan Servicing, Financial Analyst
Salary/Wage Range or Industry Benchmark: 65000 - 90000 USD Yearly USD 65000.00 90000.00 YEAR
Job Description & How to Apply Below

PRIOR MCA / BUSINESS FINANCE PROCESSING EXPERIENCE REQUIRED

High Rise Capital is seeking an experienced Funding & Processing Specialist to manage transactions from submission through funding.

This is NOT an entry-level position. Candidates MUST have previous hands-on experience processing MCA or business financing transactions. Candidates without relevant industry experience will not be considered.

Responsibilities
  • Process MCA and business financing transactions from submission through funding.
  • Review applications and deal packages for completeness.
  • Collect and organize bank statements, identification, voided checks, tax returns, and other required documents.
  • Package files for underwriting.
  • Submit deals to funding partners.
  • Track approvals, declines, and outstanding stipulations.
  • Communicate stipulations to the sales team and obtain missing documentation.
  • Work directly with underwriters and funding partners.
  • Coordinate contracts and closing documents.
  • Review executed contracts for completeness.
  • Coordinate funding calls and verification requirements.
  • Track transactions through final funding.
  • Maintain accurate deal statuses within the CRM.
  • Manage multiple active transactions simultaneously.
  • Provide management and sales representatives with updates on pending deals.
  • Identify problems that could delay funding and work quickly to resolve them.
REQUIRED EXPERIENCE

Applicants MUST have prior professional experience in MCA, alternative business lending, or commercial finance processing.

We are specifically looking for someone who already understands:
  • MCA deal processing
  • Submitting deals to funders
  • Underwriting stipulations
  • Bank statement requirements
  • Funding documentation
  • Contracts
  • Funding calls and verifications
  • Working with brokers, funders, and underwriters
  • Managing deals from submission through funding

We are not looking to train someone from the ground up. You should be able to step into the position with an existing understanding of the MCA/business finance funding process.

Qualifications
  • Previous MCA/business finance processing experience — REQUIRED
  • Strong knowledge of the deal submission and funding process
  • Excellent organizational skills
  • Strong attention to detail
  • Ability to manage a large pipeline of active transactions
  • Excellent written and verbal communication
  • Comfortable working in a fast-paced financial sales environment
  • CRM experience
  • Ability to work effectively with sales representatives, underwriters, funders, and business owners
Performance Expectations

Performance will be measured by deal turnaround time, file accuracy, stipulation turnaround, funded transactions, deal fallout, and overall pipeline management.

  • Health Care Plan (Medical, Dental & Vision)
  • Retirement Plan (401k, IRA)
  • Life Insurance (Basic, Voluntary & AD&D)
  • Paid Time Off (Vacation, Sick & Public Holidays)
  • Family Leave (Maternity, Paternity)
  • Training & Development
Compensation

Competitive base salary plus performance-based bonus opportunities.

Career Growth

Funding & Processing Specialist Senior Funding Specialist Processing Manager Director of Funding Operations

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