Loan Funding Specialist

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.

• 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.

Include minimum required

0-3 years of experience;

• Experience in banking or financial services preferred.

• High School GED or equivalent

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

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…