Loan Processor

Summary of Primary Duties & Responsibilities

• Provide support to Client Relations and Underwriting teams by ensuring timely and accurate processing, documentation and closing of new loans and modifications
• Maintain an active loan pipeline to ensure key dates and timelines are met, track LOI's received and all corresponding documentation necessary to process loan from initial set-up through closing
• Review and reconcile all documentation to ensure accuracy of data in Salesforce
• Order, review, and track all third-party reports such as flood determination, Funding Shield and property insurance. Ensure property insurance meets Arixa’s requirements
• Order payoff demands and any other items required to clear title exceptions
• Open Escrow and Title, order indemnity package on construction loans. Work closely with Escrow and Title to coordinate closings and clear any hurdles that could delay funding
• Follow up on open underwriting conditions throughout the loan process and satisfy prior to clear to close or funding
• Cook up and/or support Loan Originators, Client Relations Managers, Underwriters, and Closers on various items needed to process and close the loan
• Input proper loan information into Salesforce
• Manage deadlines and prioritize tasks in a fast-pace environment
• Work on special projects as needed or other duties as may be assigned

Education and Experience

• Bachelor's Degree preferred but not required
• 4 to 5 years of processing, account management, or operation fulfillment experience required, preferably in private lending
• Strong organizational and multi-tasking skills with strong initiative
• Possesses the ability to apply critical thinking and problem-solving skills while adapting to change quickly
• Detail oriented and highly organized that works well in a fast-paced team driven environment
• Excellent verbal and written communication skills
• Collaborative team player with strong interpersonal skills
• Experience working with Salesforce is a plus

Work Environment

• This position typically operates in a professional office environment
• Occasional evening and weekend work may be required to meet deadlines or address urgent issues

Compensation

• This position is exempt full time, with Pay Range: $80K to $90K plus discretionary bonus potential

Benefits

• Annual discretionary bonus program
• Medical, dental and vision insurance
• 401k with Safe Harbor contribution
• Twelve weeks (eight weeks) paid time away excluding sick time
• Six paid sick days
• Ten paid holidays
• One personal day