What does a Funding Analyst do?

Funding analysts handle the intake and processing of loan applications, and manage data related to lending programs. They develop candidate profiles that allow them to assess applicant eligibility and likelihood or approval. The execute contracts, verify information, and explain funding terms. They also frequently perform data analysis to evaluate programs and systems, and compile information to produce reports and presentations.

Funding analysts typically have at least a high school diploma, although some additional education or training is usually preferred. They commonly have worked in customer service or roles involved processing loans and credit applications. They must be proficient with common office software programs such as Excel, and experience with platforms like Salesforce is helpful. These roles require strong customer service and communication skills, along with project management abilities.

What responsibilities are common for Funding Analyst jobs?
  • Facilitate the review and funding of consumer direct loans and lines.
  • Assume a role in the presentation and communication of all aspects of the deal structure to the appropriate contact to insure the timely and accurate funding of the transaction.
  • Perform complete and thorough analysis. verification and audit of all payoff documentation, ensuring that compliance with the terms and conditions of all aspects of the transaction have been met.
  • As a voice for reproductive freedom, PPGNY support legislation and policies that ensure all New Yorkers have access to the full range of reproductive health care and education.
  • Address complaints concerning customer billing, services rendered, equipment and contracts.
  • Establish and direct necessary procedures to insure that follow-up items are received on a prompt and timely basis.
  • Monitor program progress and fulfillment of grant commitments in conjunction with the relevant program teams.
  • Interface with customers in person and over the phone notifying them of vehicle recall information, expiring offers and promotions, various service specials, vehicle trade specials, and other opportunities.
  • Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined.
  • Establish, foster, and maintain working relationships with peers and line management within the business unit to support an effective workflow and continuous improvement ethic.
  • Identify process improvements to increase the efficiency and effectiveness of process.
  • Ensure full and up to date donor information is maintained in donor records and database, linkages, reporting and other donor requirements.
  • Complete all responsibilities according to established protocols, policies and standard practices in the areas of ADA and regulatory compliance programs such as HIPAA.
  • Handle telephone calls from customers to address questions that may include billing, contracts, service, and scheduling.
  • Responsible for the occasional solicitation of equipment recommendation and upgrades to customers.
What are the typical qualifications for Funding Analyst jobs?
  • Bachelor's Degree in business or engineering.
  • Comfortable interacting with creditors.
  • Requires meticulous attention to detail.
  • Strong problem solving and decision making abilities.
  • Experienced with workflow analysis and user documentation.
  • Extensive banking experience is helpful.
Education--
Work/Life Balance
3.9 ★
Salary Range--
Career Opportunity
3.8 ★
Avg. Experience2-4 years

Funding Analyst Salaries

Average Base Pay

$63,500 /yr
Same as national average
Not including cash compensation
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Not enough salaries reported to show distribution
$54K
Median: $64K
$120K
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Glassdoor Estimated Salary

Funding Analyst Career Path

Learn how to become a Funding Analyst, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

Average Years of Experience

0 - 1
30%
2 - 4
48%
5 - 7
4%
8+
18%
Not including years spent in education and/or training
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Funding Analyst Insights

Read what Funding Analyst professionals have to say about their job experiences and view top companies for this career.
Ford CreditFord Credit
Funding Specialist
3 Jan 2022

“And doing a good job and being a Training and eContracting SME made me excited to go to work.”

Premium Merchant FundingPremium Merchant Funding
Funding Specialist
12 Aug 2021

“Long hours and can be intense if your not built for it but I am.”

Sedulo Group (UK)Sedulo Group (UK)
Funding
16 June 2022

“We are given freedom to conduct business as per our own initiative within an organisation that rewards hard work and success.”

SantanderSantander
Funding Analyst
3 May 2022

“Pay per hour is fair and equitable .”

Rapid MortgageRapid Mortgage
Closing-Funding
24 May 2022

“Pay was not the best and no incentives”

Exeter FinanceExeter Finance
Fund Analyst
6 Mar 2022

“initial training was thorough and almost enjoyable”

Capital OneCapital One
Funding Analyst
1 Sept 2021

“More pay would be great though.”

LendioLendio
Funding Manager
17 Feb 2021

“I was told after being hired it was going to be on the job training.”

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Funding Analyst Interviews

Frequently asked questions about the role and responsibilities of a Funding Analyst

The most similar professions to Funding Analyst are:
  • Financial Analyst
  • Finance Manager
  • Credit Manager
  • Credit Analyst

Related Careers

Financial Analyst
$80,000
No skills overlap
Finance Manager
$127,000
Credit Manager
$100,000
No skills overlap
Credit Analyst
$79,250
No skills overlap

Funding Analyst jobs