Conventional Servicing and Funding Associate

About iBusiness Funding

iBusiness Funding is a software and lender service provider specializing in small business lending. Our technology, team, and process enable us to support loans from $10,000 to $25 million for our lending partners. Our technology solutions have been proven to quickly scale our clients’ portfolios without the need for additional overhead. Our flagship product, LenderAI, features end-to-end lending functionality from sales all the way through servicing

To date, we’ve processed over $11 billion in SBA and non-SBA volume and handle more than 1,000 business loan applications daily. Our team is driven by our core values of innovation, integrity, enjoyment, and family.

Join us and be part of a team that’s transforming the finance industry and empowering businesses to thrive!

Position Description

We are looking for a talented and motivated self-starter to join our fast growing, proven start up in the role of Conventional Servicing and Funding Associate. This position will be key to Treasury, Funding and Cash Management functions, and occasionally provide support to Finance and Accounting functions as well as current and future projects. The Conventional Servicing and Funding Associate position will create value for our multiple product lines in several ways: First, this position will execute processes efficiently to ensure accurate cash movement. Second, this position will help complete data analytics and reconciliations. Third, this position will be responsible for assisting with all facets of loan funding and quality assurance. The ideal candidate will be flexible and have a hands-on, team oriented, and proactive “go getter” approach to help move the company forward in achieving its goals. This role will have defined daily and monthly tasks but may also include collaboration on other Finance and Accounting projects.

Major Areas of Responsibility

Work as a member of our Treasury and Funding team to ensure daily cash processes are executed efficiently in accordance with the daily, weekly, and monthly deadlines of our team.

Complete and utilize daily cash reconciliations for funding and payments processes.

Ensure accurate financial record-keeping in compliance with company standards.

Troubleshoot and resolve any unexpected discrepancies with data accuracy and consistency.

Communicate issues with data and documentation upon review with the originating teams.

Provide support to the Funding Team and management.

Perform operational processing and support for payments and funding operations.

Use online banking portals to set up bank transactions and access reporting necessary to complete daily tasks.

Verify borrower account information for payment processing and loan funding.

Reconcile and review daily banking transactions.

Support other duties across the broader Accounting, Finance and Treasury team as required.

Required Knowledge, Skills, and Abilities

Strong computer skills and experience working with Excel; other software program knowledge is a plus.

Excellent organizational and time management skills with a proactive and self-directed work ethic.

Ability to set priorities, multi-task, meet tight deadlines and manage time effectively in a remote work environment.

Effective written and verbal communication and strong interpersonal skills. Ability to clearly and effectively engage with internal and external stakeholders to resolve operational issues and collaborate on tasks and other projects.

Demonstrates ability to work well in a fast-paced environment.

Strong analytical, reconciliation, problem-solving and process-oriented thinking skills, and the ability to think critically and apply research and logic.

Relentless focus on accuracy, attention to detail and supporting documentation in all tasks.

Proactive and confident in problem-solving abilities to find and recommend effective solutions and process improvements.

Basic understanding of the loan origination cycle and lending process.

Experience with managing data and / or some data science activities are a plus.

Strong understanding of financial and operational controls.

Experience and proven track-record of successfully working in a fully remote environment preferred.

Bachelor’s Degree (or equivalent years of experience) in Finance, Accounting, and / or Economics preferred.

1-2 years of Prior Treasury, Finance, and / or banking and financial services experience is a plus.

The anticipated salary range for this position is $24.04 - $33.65 an hour, depending on experience and qualifications. iBusiness Funding provides a comprehensive benefits package, including medical, dental, and vision coverage; 401(k) with company match, and paid time off.