Funding Specialist

Essential Duties and Responsibilities:

• Post all incoming wires to correct file in production software, making sure the amount matches the amount received in the bank account.

• Pre-settlement review of file to verify:

o File is in balance (amount coming in = amount going out)

o All requirements have a corresponding disbursement on settlement statement or there is a release in file for any lien not being paid.

o Make note of any obvious, missing company fees on Missing Fees Report and out of balance files – repetitive patterns should be brought to the attention of the COO and/or President.

• Verification prior to cutting checks at the branch:

o Review amounts on pending disbursements match executed settlement statement or CD (seller proceeds, payoffs, etc.)

o Any checks brought to closing are for the correct amount and deposited at bank.

o Make sure seller proceeds being wired to, or check made payable to, party on the settlement statement.

o Make sure file is in balance (money in = money out)

• Initiate and release (dual control) all outgoing wires.

• Monitor high risk disbursements to make sure they clear the bank in a timely manner (i.e. payoffs, taxes, hazard insurance, etc.)

• Coordinate with Processing for preparation of Invoices for Doc Prep, Title Only, etc. files and prepare the invoice.

• Report any overdue (30 days) unpaid invoices to COO and/or President.

• Run 1099 exception report, monthly, and send to EOs for them to resolve their files.

• Clear/Resolve exceptions raised by daily reconciliation.

• Review Monthly 3-way reconciliation for current escrow accounts.

• Reconcile dormant escrow accounts.

• Unclaimed property (escheat) filings, annually, per jurisdiction

• File 1099s, annually

• Annual OH Department of Insurance Review

• Underwriter audits (November – February)

• Maintain Estate Escrow IBAs

• Maintain approved closing agent status with Lenders and Third-Party verification companies.

• Positive pay uploads, activity downloads for non-BankUnited trust accounts.

Job Type: Full-time

Benefits:

• 401(k) matching
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Experience:

• Accounting: 1 year (Required)

Ability to Commute:

• Ironton, OH 45638 (Required)

Ability to Relocate:

• Ironton, OH 45638: Relocate before starting work (Preferred)

Work Location: In person