Lending & Operations Associate (Servicing and Loan Sales)Arixa Capital
– Los Angeles, CA 90024Company OverviewArixa is one of the most respected and visible private real estate lenders in the Western U.S.
We leverage our substantial balance sheet, world class institutional partners and a full-service lending platform to provide exceptional service to our clients primarily real estate investors and developers.
Our borrowers acquire, renovate, and develop residential and commercial projects from $250,000 up to $10 million.
We make our own internal credit decisions, ensuring that loans fund quickly, and we handle all loan functions through our proprietary technology infrastructure backed by an experienced operations team.
Our in-house marketing team supports our branding and marketing efforts via multimedia, print, and social media.Arixa is also recognized as a successful investment management company that manages several hundred million dollars of investor capital across several private debt funds.
Our funds seek to protect our investors capital while providing them with attractive current income and total returns.Arixa was recently named to the Inc 5000 fastest growing companies in the U.S.
and we expect to continue to grow the business and our team in the future.More information on Arixa can be found online at www.arixacapital.com.Job SummaryEnsures thorough and accurate creation of servicing statements, packaged loan files, and all related documentation.
Ensures excellent external and internal customer service while monitoring the loan from funding to paid off.
We seek someone who is intellectually curious, holds themselves to high standards and can thrive in a high-achieving, fast paced culture.Primary Duties & Responsibilities-Prepare and package loan files to be pledged to banks-Keep track of line of credit information and track pledging details-Prepare and package loan files to be sold to third-party buyers and mailed to custodians-Update Salesforce with loan information and tracking-Perform loan servicing by entering new loans into the servicing software, drafting ACHs for approval, creating statements for participating loans and following up with borrowers on late interest or extension payments-Electronically deposit checks and book into the servicing software-Follow up with borrowers with upcoming loan maturities and provide options for next steps-Monitoring insurance expiration dates and renewals-Generate payoff demands when requested by the borrower and follow up on payoff demand approvals from the Controller-Manage the payoff process which include creating substitution of trustee and deed of reconveyance documents and creating sub & reconveyance letters to title-Adhere to all applicable compliance and private lending regulations-Filing and scanning of real estate loan documents-Other duties as may be assignedDesired Skills & Qualifications-Excellent verbal and written communication skills-Outstanding interpersonal skills-High level of integrity-Strong problem-solving skills-Collaborative team player with a focus on delivering results-Detail oriented and highly organized-Strong Microsoft office skills-Salesforce experience a plus-The Mortgage Office experience a plus-Trust accounting experience a plusRequirements-BA/BS degree preferred but not required-Previous mortgage or real estate experience-2+ years of progressive loan servicing experience-Strong computer skillsQualified individuals should submit their resume and cover letter.
The cover letter should explain why you want to join the Arixa team and please elaborate on how your background and experience will contribute to your success in this role.Job Type: Full-timeBenefits:* 401(k)* 401(k) matching* Dental insurance* Health insurance* Paid time off* Vision insuranceSchedule:* 8 hour shift* Monday to FridaySupplemental Pay:* Bonus payAbility to Commute/Relocate:* Los Angeles, CA 90024 (Preferred)Experience:* loan servicing: 1 year (Required)* Microsoft Office: 1 year (Preferred)* mortgage or real estate: 1 year (Required)Work Location:* One locationTypical start time:* 8AMTypical end time:* 5PMThis Job Is Ideal for Someone Who Is:* Dependable –
– more reliable than spontaneous* People-oriented –
– enjoys interacting with people and working on group projects* Detail-oriented –
– would rather focus on the details of work than the bigger picture* High stress tolerance –
– thrives in a high-pressure environmentThis Job Is:* Open to applicants who do not have a college diplomaCompany's website:* https://www.arixacapital.com/Company's Facebook page:* https://www.facebook.com/ArixaCapitalWork Remotely:* Temporarily due to COVID-19COVID-19 Precaution(s):* Remote interview process* Virtual meetings