Submission Coordinator
WFA Digital Insight
As demand for skilled remote professionals continues to surge, roles like Submission Coordinator have become pivotal in the digital lending landscape. With a surge in online lending, the need for experts who can navigate complex financial data and ensure compliance has grown significantly. Expert VA stands out for its commitment to remote work flexibility and a comprehensive benefits package. Candidates should be prepared to showcase their analytical skills, attention to detail, and ability to work proactively in a fast-paced environment. Moreover, with the U.S. small business funding sector expected to continue its rapid expansion, professionals with experience in loan processing and underwriting are in high demand.
Job Description
About the Role
The Submission Coordinator role at Expert VA is a critical component of the company's lending operations, focusing on the efficient and accurate processing of loan applications. Day-to-day, this involves a thorough review of application information, analysis of financial documents to determine eligibility, and collaboration with various team members to ensure smooth deal flow. The role demands a proactive approach, leveraging analytical skills to navigate complex deal structures and identify potential roadblocks early on.The successful candidate will be working in a dynamic, remote environment, utilizing a range of tools including Excel, Zoho CRM, and Google Workspace. This position is ideal for individuals who thrive in detail-oriented work, are adept at multitasking, and possess excellent communication skills. Given the remote nature of the work, reliability, and the ability to work independently are essential.
What You Will Do
- Review and confirm the accuracy of application information.
- Analyze waterfall documents to determine the appropriate lender for deal submission.
- Conduct financial analysis of bank statements to assess the financial health of businesses.
- Submit applications through lenders' online portals.
- Collaborate with loan officers, underwriters, and other team members to facilitate efficient processing.
- Develop innovative solutions to navigate complex deal structures and potential roadblocks.
- Maintain accurate and up-to-date records of submitted loan applications.
- Stay informed about industry trends, regulations, and best practices in loan processing and underwriting.
- Adhere to compliance guidelines and internal policies.
- Utilize Excel and other Microsoft Office tools for data analysis and reporting.
- Communicate effectively with the team and external parties through Google Chat and RingCentral.
What We Are Looking For
- Minimum 6 months of experience in a related role such as Submission Coordinator, Loan Processing, Funding Coordinator, or Underwriting Support.
- Strong understanding of U.S. small business funding and alternative lending.
- Experience in reviewing credit reports and business bank statements.
- Excellent organizational, communication, and multitasking skills.
- Proficiency in Excel, Microsoft Office, and Google Workspace.
- Ability to work in a fast-paced environment and meet deadlines.
- High level of integrity and adherence to risk management practices.
Nice to Have
- Experience with Zoho CRM and similar customer relationship management tools.
- Knowledge of compliance regulations in the lending industry.
- Certification in loan processing or a related field.
- Previous experience working in a remote team environment.
Benefits and Perks
- 100% remote work arrangement.
- Flexible working hours (9 am - 6 pm EST).
- Comprehensive health insurance (HMO).
- Paid leaves and holidays.
- Opportunity to work with a dynamic and growing company.
- Professional development opportunities in the lending and financial services sector.
- Access to the latest tools and technologies for efficient work performance.
How to Stand Out
- Ensure your resume highlights specific experience with Excel and financial data analysis.
- Practice discussing complex financial concepts and deal structures to prepare for interviews.
- Develop a portfolio that showcases your analytical and problem-solving skills in loan processing.
- Be prepared to discuss your experience with remote collaboration tools and software.
- When negotiating salary, consider highlighting your certifications, experience, and the value you can bring to the company.
- Pay attention to the company culture and values during the interview process to gauge if it's the right fit for you.
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