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Stride Bank, N.A. · 18 hours ago

Mortgage Funding Administrator

Tulsa, OK

Full-time

Onsite

New Grad, Entry Level

Stride Bank, N.A. is seeking a Mortgage Funding Administrator to assist with operational processes related to NQM correspondent loan purchases and sales. The role involves managing collateral tracking, documentation, and workflow quality control to ensure efficient execution of loan acquisitions and servicing onboarding.

BankingFinancial ServicesPayments

Responsibilities

Assists with operational processes for loan acquisitions including calculating and confirming purchase requests, reviewing initial documentation, preparing and submitting purchase requests, and confirming execution through established internal workflows

Maintains a centralized, audit-ready repository of loan purchase records, ensuring accuracy, completeness, and organizational consistency

Retrieves, reviews, and verifies loan documents for purchased loans, manages the initial package and data to initiate the purchased asset lifecycle

Serves as the primary point of contact for sellers, and the internal point of contact for loan purchases

Monitors trailing and collateral documentation post-purchase, and designs, implements, and optimizes acquisition workflows to support efficient document delivery and servicer boarding

Manages loan cancellation, change, and exception documentation and updates internal processes and workflows to reflect status changes, operational impacts, and compliance requirements

Supports Non-QM operational functions, including downloading and standardizing pipeline data files, and creating and managing purchase templates and documents

Assists with the execution and documentation of loan sales, as needed; prepares, organizes, and communicates biweekly trades with sellers, investors, and internal Bank teams, reconciles investor pricing, confirms pricing with sellers, and distributes required documentation for trade execution

Performs other duties as assigned