Funding Associate
Encino, CA On-site
$90,000–$100,000 a yearJobFig found this opening at its original source and checks that it remains available.
About the role
The Funding Associate executes daily loan fundings and construction draw releases for an institutionally backed private lender across residential real estate asset classes. This hands-on role manages funding readiness, funding package review, wire preparation and initiation, disbursement tracking, and exception resolution across multiple funding partners and platforms. The role coordinates with internal teams, institutional banks, warehouse lenders, and third-party custodians to fund transactions accurately and on time while maintaining required approvals and segregation of duties. A core responsibility is using AI, automation, and practical process improvements to reduce manual work and build scalable funding operations.
What you'll bring
- Three or more years of experience in private lending, mortgage banking, construction lending, specialty finance, treasury operations, or funding operations.
- Experience reviewing funding packages, partner submissions, wire instructions, and calculations, and coordinating with institutional banks, warehouse lenders, and custodians.
- Strong spreadsheet skills, including lookup formulas, data validation, exception reporting, and operational tracking
- ability to learn new systems and partner workflows quickly.
- Strong organization, clear communication, and independent problem-solving in a high-volume, deadline-driven environment.
- Sound judgment to stop or escalate transactions when information does not reconcile and drive outstanding issues through resolution.
- Experience in residential bridge or construction lending and managing multiple warehouse facilities or institutional funding relationships.
- Direct experience executing loan fundings and construction draw releases, including table and direct funding structures.
- Experience with major institutional banks and their commercial banking and wire platforms.
- Familiarity with major accounting systems, loan origination systems, treasury management platforms, and reporting tools.
- Practical experience using AI, data transformation tools, workflow automation, or low-code platforms to improve operational processes while preserving appropriate controls.