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Senior Funder

$31.25 - $38.46 per hour

NewRez LLC

(C) 2023 Genesis Capital, LLC. All rights reserved. Genesis Capital, LLC ("Lender") and its affiliates (collectively, "Genesis Capital") originates business purpose loans. Loans are for business purposes only and not for personal, family, or household use. This does not constitute a commitment to lend. All loans must satisfy Lender's underwriting guidelines and due diligence.Loan amounts, interest rates and costs presented are for informational purposes only and are subject to change without notice and at Lender's discretion until such time a definitive agreement is duly executed by Lender and Borrower (and any other applicable parties). Other conditions may apply. Genesis Capital (NMLS ID # 1454907), and certain employees, perform acts for which a license is required; see for details.Senior Funder page is loaded## Senior Funderlocations: CA, Sherman Oakstime type: Full timeposted on: Posted 6 Days Agojob requisition id: R9876(the "Company") is one of the largest business purpose lenders in the country, focused on providing commercial real estate financing solutions to real estate developers who buy, renovate, and sell single-family and/or multi-family residential real estate. The Company is a subsidiary of Rithm Capital (parent company), a publicly traded mortgage real estate investment trust.As a Sr Funder, you play a key role in the daily funding of loan originations. You work with each of the firm's departments to ensure fundings are performed accurately, timely and with proper controls. Professionals in this function need to perform tasks in situations with high pressure and tight deadlines, be highly responsive, demonstrate a high level of attention to detail, and have excellent communication skills.**ESSENTIAL FUNCTIONS** include the following. Other duties may be assigned.* Validate all required loan conditions, approvals (entity, pricing, and internal), and supporting documentation prior to funding* Verify accuracy and completeness of closing documents (note, deed of trust, settlement statement, insurance, etc.)* Confirm compliance with internal guidelines and regulatory requirements* Coordinate with Sales, Operations, and Finance to facilitate timely and accurate loan fundings* Execute and distribute loan origination fundings and construction draw disbursements* Balance funding figures (wire instructions, payoff statements)* Prepare and authorize funding wires* Initiate and release loan funds via wire transfer* Ensure proper documentation and audit trail of funding transactions* Deliver funded loan packages for post-closing review or investor delivery* Identify discrepancies or missing documentation prior to funding* Ensure adherence to lending policies, fraud prevention standards, and audit requirements* Maintain compliance with federal and state lending regulations* Update loan status in systems* Maintain accurate funding logs and records**Education and Experience**To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.* 2-5+ years of experience in private lending, preferably in funding or closing* Strong knowledge of loan documents and closing process* High attention to detail and accuracy* Ability to manage deadlines in a fast-paced environment* Bachelor's degree in Finance, Business, or related field preferred* Strong time management and communication skills.* Strong business communication skills with an ability to work well in a collaborative environment.* Organized and professional.* Ability to work both independently and as a team player.* Strong time management and communication skills.*While this description is intended to be an accurate reflection of the position's requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.****By applying to this position, the candidate acknowledges that this is not a remote role and is required to be on-site.****Compensation Range: $31.25/hour - $38.46/hour***Equal Employment Opportunity**We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.Genesis Capital is the preferred capital partner for professional real estate investors seeking prompt and innovative financing solutions that support all phases of their residential projects.Genesis Capital's senior leadership team has extensive expertise in real estate development, commercial banking, and corporate finance. Our unique business model and value proposition are based on long-term relationships with high-caliber, professional real estate investors, offering comprehensive loan programs to support developers throughout the property lifecycle with flexibility and speed. We leverage proprietary data and technology for market expansion, customer acquisition, underwriting, and risk monitoring. Our multi-faceted underwriting approach and construction expertise ensure strong growth, profitability, and strong credit quality.**Core Values*** **Ingenuity**: Sparking original ideas through groundbreaking solutions* **Collaboration**: Fostering a collective effort to drive success* **Solutions-Oriented**: Pursuing the best possible outcomes* **Reliability**: Consistently delivering on the gold-standard* **Integrity:** Unwavering commitment to honesty and transparency #J-18808-Ljbffr NewRez LLC

Vacancy posted 3 days ago
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