[Hiring] Senior Centralized Funding Specialist @First Merchants Corporation

Role Description

First Merchants Bank is seeking a Senior Centralized Funding Specialist to join our team! This position plays a critical role in supporting the commercial lending process by reviewing and managing loan documentation, boarding and funding in accordance with regulatory requirements and internal policies. Supports First Merchants vision by delivering high performing, knowledgeable, and responsive service to our internal commercial teams and external bank partners. Foster strong relationships through consistent communication, and operational coordination. Demonstrate a commitment to continuous learning and adaptability as Centralized Funding evolves. This position can be remote within our operational footprint.

• Review commercial loan documentation operational mechanics to determine compatibility with the loan system
• Collaborate with relationship managers, closer and other LOB personnel to gather necessary information and resolve documentation, closing, boarding and funding
• Oversee the funding of new and amended loan transactions, ensuring timely disbursement and adherence to approval conditions
• Maintain detailed records and documentation in loan systems and databases
• Act as a subject matter expert to guide team members in loan documentation, boarding and funding processes
• Assist in the development and refinement of documentation procedures and best practices
• Proficient in syndicated and participation loan transactions
• Demonstrates strong organizational skills and multitasking proficiency
• Adapts quickly to changing circumstances and implements effective solutions
• Engage in cross-functional project teams
• Oversee and authorize all outgoing wire transfers and OTEs (Online Transaction Entry)
• Engage in pipeline, pre and closing calls
• Identify and escalate any deal attributes that are not supported by the servicing system or require significant workarounds or manual intervention
• Support loan operations with the onboarding, funding, and quality review of new or amended attorney-prepared facilities
• Prepare and send advance notice and clear to close funding and fee notices to participating banks
• Use Design, Measure, Analyze, Improve, and Control (DMAIC) methodology to improve processes when possible

Qualifications

• High school diploma or equivalent (GED)
• A minimum of five (5) years of loan administrative or operations experience, in commercial loans

Requirements

• Bachelor’s degree (a plus)
• Lean Six Sigma – Yellow Belt Certified (a plus)

Benefits

• Base Pay
• PLUS Bonuses
• Medical, Dental and Vision Insurance
• 401k
• Health Savings and Flexible Spending Accounts
• Vacation/Sick Time
• Paid Holidays
• Paid Parental Leave
• Tuition Reimbursement
• Additional Benefits

Company Description

First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.

• Our Vision: To enhance the financial wellness of the diverse communities we serve.
• Our Mission: To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.
• Our Team: "We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."

Apply today to begin your career with us!