Wedgewood

Funding Manager

Job Locations US-CA-Redondo Beach
Business Unit
CIVIC Financial
# of Openings
1
Category
Operations
Job ID
2018-1808

Wedgewood is currently seeking a full-time Funding Manager to join our team! Our company specializes in the purchase, rehab, and resale of single family homes (acquiring and selling REOs, foreclosures, and other distressed properties). Founded in 1985, Wedgewood has grown into a diversified, vertically integrated company, expanding its business footprint to include residential rehabilitation, non-performing notes, property management, private lending, brokerage, escrow, and more. Over the past 30 years, our company has built a longstanding reputation for its assorted multidisciplinary endeavors.

 

The Funding Manager is responsible for overseeing work flow and production in the funding department. Manages a team that ensures mortgage loans are processed, filed, and disbursed accordingly. Resolves any closing or funding issues. Maintaining turn times and individual metrics.

What you'll do

  • Responsible for closing and funding loans, doc delivery, coordination with processing, underwriting, and escrow to ensure accurate closing packages for sale on the Secondary Market.
  • Monitor funding operations and provide recommendations for improvement to senior management.
  • Make day-to-day decisions to resolve issues and problems within the department.
  • Ensure that all required documentation is in each file and that the file is properly constructed in each case in compliance with our document checklist.
  • Perform daily follow up on all deals currently in process
  • Maintain an accurate pipeline of loans without sacrificing responsiveness, client satisfaction or attention to detail.
  • Communicate with legal counsel on approving new states and implementation of loan packages in encompass.
  • Draw docs for Wet & Dry states, perform Funding-Review of signed closing documents, review PTF conditions, and setup loan on warehouse line and wire.
  • Proactively communicate with vendors and borrowers.
  • Review files with an eye for quality assurance and ensure all conditions satisfied / pertinent documents are included.
  • Participate in capacity discussions and hiring, training, or termination of staff as needed.

 

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

What you'll need

  • 5+ years of experience in a mortgage funding role
  • Non-agency product experience preferred but not required
  • Experience with Encompass a plus
  • Attention to detail
  • Initiative
  • Technical capacity
  • Organizational skills
  • Communication proficiency

What's in it for you

Wedgewood offers our team members a competitive compensation, 401K, and traditional benefits like medical, dental, and vision. We also have many additional perks:

 

  • Company Sponsored Outings: Past events have included sporting events, happy hours, parking lot BBQs, bowling and bocce ball tournaments, office theme parties, and more.
  • In-house Investment Programs: Participate in the growth and profitability of the company through our in-house investment programs. We also offer home ownership & loan programs.
  • Contribute to Your Community: Through our volunteer service, sustainable initiatives, charitable giving, and work with local universities, Wedgewood provides opportunities throughout the year for its employees to give back to the community for the greater good.

 

Wedgewood occupies 50,000 square feet in a state of the art headquarters in Redondo Beach, California and was named Company of the Year by the city in 2015. We also have multiple locations around the country. Wedgewood is an Equal Opportunity Employer and welcomes applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation or age. We look forward to hearing from you!

Options

Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed

Connect With Wedgewood Companies!

Not ready to apply? Connect with us for general consideration.