Funding Manager
SoFi
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Who we are:
Shape a brighter financial future with us.
Together with our members, we’re changing the way people think about and interact with personal finance.
We’re a next-generation financial services company and national bank using innovative, mobile-first technology to help our millions of members reach their goals. The industry is going through an unprecedented transformation, and we’re at the forefront. We’re proud to come to work every day knowing that what we do has a direct impact on people’s lives, with our core values guiding us every step of the way. Join us to invest in yourself, your career, and the financial world.
Who we are
Shape a brighter financial future with us. Together with our members, we’re changing the way people think about and interact with personal finance. We’re a next-generation fintech company using innovative, mobile-first technology to help our millions of members reach their goals. The industry is going through an unprecedented transformation, and we’re at the forefront. We’re proud to come to work every day knowing that what we do has a direct impact on people’s lives, with our core values guiding us every step of the way. Join us to invest in yourself, your career, and the financial world.
The role
The Funding Manager will lead a team of funders through all functions in the funding process to ensure loans are funded in a timely manner with the correct amount going to the correct account for the settlement agent. This includes optimizing funding workflows, coaching and training the team as necessary. They are responsible for directing the development of the funders on the team as well as identifying opportunities for process improvements and creating/supporting a culture of teamwork in and outside the department.
What you’ll do:
- Review pipeline to ensure wires are out for loans funding on the current day.
- Review pipelines to ensure wires are balanced and loans are prepped for funding for the next business day.
- Answer emails from title and SoFi employees.
- Ensure same day rush purchases are prioritized so funding is not missed on these files.
- Assisting with escalated loan files.
- Assign files to the team if anyone is out of the office.
- Assist with problem loans.
- Update auto assigner as needed.
- Conduct weekly team meetings.
- Direct reports are Loan Funding Specialist.
- 8-10 funders per team.
- Authority to make decisions on the funding team, start projects and improve workflows.
- Makes loan level decisions on files to get loans funded on time and in compliance with TRID.
Nice to have:
- 5 years’ experience in the mortgage industry.
- 1 years’ management experience.
- 2 years’ experience in mortgage funding.
- Bachelor’s degree (preferred).
Why you’ll love working here
- Competitive salary packages and bonuses
- Comprehensive medical, dental, vision and life insurance benefits
- Generous vacation and holidays
- Paid parental leave for eligible employees
- 401(k) and education on retirement planning
- Tuition reimbursement on approved programs
- Monthly contribution up to $200 to help you pay off your student loans
- Great health & well-being benefits including: telehealth parental support, subsidized gym program
- Fully stocked kitchen (snacks and drinks)
