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Senior Funder

salary Salary :

$31.25 - 38.46 hourly

icon briefcase Job Type : Full Time

Number of Applicants

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000+

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Job Description - Senior Funder

Genesis Capital (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.

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