Join a team where your experience makes a difference. As a Loan Funding and Settlement Processor III at Heritage Financial Credit Union, you’ll play a key role in guiding complex commercial and residential real estate loans from closing through funding. You’ll bring your expertise to solving unique challenges, supporting teammates, and partnering across the organization to make sure every loan is handled accurately, smoothly, and with care.
Here's a little about us:Heritage Financial Credit Union is a member-owned financial institution that is committed to helping our members achieve their financial goals and building a stronger community. We believe that everyone deserves access to affordable financial services, and we are dedicated to providing our members with the tools and resources they need to achieve their financial dreams. Our vision is to be the leading financial institution in the communities we serve, and we are committed to creating a culture of excellence where our employees can thrive. We believe in creating a workplace where everyone feels valued and respected, and where we can all work together to achieve our goals. We recognize that our employees are our most important asset, and we are committed to providing them with the training, development, and opportunities they need to succeed.POSITION PURPOSE
The Loan Funding and Settlement Processor III is the senior technical expert responsible for processing, closing, settling, and funding the organization's most complex commercial and residential real estate loan transactions. This position manages commercial real estate loans, complex commercial lending relationships, residential real estate purchases and refinances, construction and participation loans, and other specialized lending products. The Loan Settlement and Funding Processor III provides technical leadership, mentors department staff, resolves complex documentation issues, and partners with lending, legal, title, and executive leadership to ensure accurate and timely loan closings.
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES
Process, close, and fund complex commercial loan transactions, including commercial real estate, construction, participation, and other specialized commercial lending products.
Coordinate residential real estate purchase and refinance closings.
Review complex legal documentation, entity structures, trust documents, collateral packages, title commitments, surveys, settlement statements, and closing instructions.
Coordinate loan closings with attorneys, title companies, borrowers, commercial lenders, and other external partners.
Verify all pre-closing and funding conditions have been satisfied prior to funding.
Review and authorize funding for complex loan transactions requiring advanced technical expertise.
Serve as the department's subject matter expert for complex loan documentation and funding.
Resolve advanced documentation, legal, collateral, and funding exceptions.
Ensure compliance with federal and state regulations, internal policies, investor requirements, and audit standards.
Review complex collateral perfection requirements, UCC filings, title exceptions, insurance coverage, and post-closing documentation.
Conduct quality assurance reviews on complex loan files and identify operational or compliance risks.
Provide technical guidance, mentoring, and training to Loan Settlement and Funding Processor I and II staff.
Develop and update departmental procedures and job aids.
Lead implementation of new loan products, funding procedures, and system enhancements.
Participate in internal audits, regulatory examinations, and operational reviews.
Collaborate with Lending, Legal, Compliance, Accounting, and executive leadership to resolve complex loan closing issues.
Analyze departmental workflows and recommend process improvements that increase operational efficiency and mitigate risk.
Serve as the department lead or backup supervisor as assigned.
Perform other duties as assigned.
Job details are sourced from the employer's original posting.
Open job postingAbout the company
This company is a placeholder name and does not have a specific description available.