Mortgage Funder

Why Work for Quontic?

Quontic Bank is a CDFI federally chartered digital community bank. We have a customer-centric culture built around helping our customers and giving back to local communities. We're making homeownership simpler, faster, and most importantly, more accessible for all communities across the United States.

Who We are

Quontic is the adaptive digital bank that empowers its customers financially while embracing their diverse circumstances. Quontic's mission to break the system for financial empowerment stands in the face of big banks and proves there is a better and more equitable way to put the customer first. We focus on truly understanding and serving the underdogs, entrepreneurs, gig-economy workers, immigrants, and more with a curated banking experience as opposed to a one-size-fits-all banking approach.

What We Live By

Whatever your role, we are bound by a spirit of collective commitment and excellence in all aspects of our work. As an employee of Quontic, the importance of your contributions cannot be overstated. You are an important part of our team

Your Primary Responsibilities Include:

The primary function of the Mortgage Funder is to ensure the efficient and accurate closing of mortgage loans.

Job Responsibilities:

• Loan Closing and Funding: Review loan documents, ensure accuracy, completeness, and compliance with internal policies and regulatory requirements before funding. Responsible for reviewing and approving funding worksheets and wire instructions. Cross-reference all information for accuracy before entering wire transfers into the database.
• Documentation: Prepare and issue Loan Estimates / Change of Circumstances within the prescribed timeframes.
• Quality Control: Conduct thorough reviews of loan packages to ensure all required documents are present, accurate, and properly executed. Identify and resolve potential issues or errors in the loan documentation.
• Compliance and Regulation: Stay up-to-date with industry regulations and ensure adherence to all applicable federal, state, and company-specific guidelines. Work closely with the compliance team to maintain a compliant loan funding process.
• Funding Conditions: Manage and track funding conditions and ensure timely resolution to expedite the loan funding process. Communicate effectively with internal teams and external partners to meet funding deadlines.
• System and Database Management: Utilize loan origination and funding systems to input, validate, and maintain accurate loan data. Ensure data integrity and completeness throughout the loan lifecycle.
• Communication and Customer Service: Provide excellent customer service to internal teams, borrowers, and external partners. Address inquiries and resolve issues related to loan funding promptly and professionally.
• Process Improvement: Identify opportunities for process enhancements to streamline loan funding operations. Collaborate with team members and management to implement efficient workflows and best practices.
• Reporting and Documentation: Prepare and maintain accurate and detailed reports related to loan funding activities. Keep comprehensive records of loan funding status, documents, and related communications.
• Perform special projects, and additional duties and responsibilities as required.

Education and Experience Requirements:

• High School Diploma or equivalent and minimum 3 years experience in functional area.

Additional Requirements:

• Thorough knowledge of mortgage loan products and documentation requirements.
• Must have working knowledge pertaining to compliance regulations governing mortgage lending and loan processing.
• Understanding of loan origination systems (LOS), document management software, and MS Office Suite.
• Responsive and customer-focused with a demonstrated use of professional judgment.
• Excellent attention to detail and analytical skills to identify errors, discrepancies, and potential risks.
• Strong communication and interpersonal skills to collaborate with internal and external stakeholders.
• An ability to thrive in an environment where priorities change daily, and where employees wear many hats, detailed-oriented, and in a fast-paced environment.
• Ability to make significant contribution to processes and systems.
• The ability to think "outside the box" and prioritize tasks and decisions in a timely manner.

The above is merely a description. Responsibilities and duties are not limited to the above. Quontic reserves the right to change job descriptions at any time.

Quontic provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, pregnancy, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Quontic will provide reasonable accommodations for qualified individuals with disabilities. If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at careers@quonticbank.com.