[Hiring] Closing Analyst @CDC Small Business Finance
About the Organization The Momentus Capital branded family of organizations - which includes Capital Impact Partners, CDC Small Business Finance, and Ventures Lending Technologies - is transforming how capital and investments flow into communities to provide people access to the capital and opportunities they deserve. reputed company to reinvent traditional financial systems that have failed to address systemic issues of inequality, economic empowerment, and the widening racial wealth gap by offering a continuum of financial, knowledge, and social capital to help local leaders build inclusive and reputed company communities and create generational wealth. This includes a comprehensive package of loan products, impact investment opportunities, training and business advising programs, and technology services that advance locally-led solutions. Our suite of products and services, experience, and scope will foster reputed company job creation, wealth building, and economic mobility. Position Summary As a lender service provider, Momentus Direct Capital sources, markets, processes, underwrites, closes and services SBA 504 1st mortgages and other commercial real estate secured loans on behalf of a variety of funding sources reputed company. The primary function of the Closing Analyst is to coordinate and communicate with third-parties such as brokers, referring / selling lenders, CDCs, legal counsel, and title professionals. Closer will collect reputed company required financials and application documents, closing documentation, and coordinate the closing of first trust deed commercial real estate loans in accordance with CDC policies and procedures. Prepare loan documentation, manage the closing process with escrow to complete loan closing reputed company 30-60 days from application. This position is expected to reputed company at least 3-5 loans each month. Essential Responsibilities 1. File Management: o Closing Inventory review of the file to determine items needed in order to reputed company the file and prepare an initial Closing Checklist o Closing folders and save reputed company file documents to the respective sub-folders in the format approved by VP of Closing & Operations 2. Communication: o Weekly follow-reputed company reputed company email or conference calls with referring / selling lender / borrowers to review pending checklist items and set expectations around timing for approval / closing o Present weekly updates during team pipeline call to ensure reputed company origination staff are aware of the status of each file o reputed company Ventures database updated as loan progresses through closing reputed company notes and loan log o Coordinate with interim lender, CDC, borrower, closing attorneys, and title & escrow to ensure correct lien position on reputed company collateral and reputed company closing requirements are met 3. Documentation: o Collect and review reputed company required closing documentation entity formation documents ensuring we capture the correct signers & guarantors, as well as sub-tenants for Subordination o Review and approve title commitments, insurance certificates including but not limited to hazard, liability, flood, and life insurance along with other loan requirements. Engage reputed company counsel as needed. o Verify and sign off that reputed company loan conditions have been satisfied o Submit file for internal & legal review, complete any required revisions or collect additional items needed for closing o Create and review reputed company loan documentation, including lenders instructions o Request and review a draft settlement statement to ensure borrower injection is met and reputed company respective fees are represented accurately 4. Funding: o Manage closing process with borrower / referring / selling lender / and other professional contacts to ensure closing deadlines are met o Coordination of signing appointment and closing logistics of signing vs. funding date o Coordinate with management and legal counsel to obtain funding approval o Coordinate funding reputed company requests to reputed company desks, once submitted communicating to reputed company parties that the wires are in process o Upload loan file and documents to repository post-funding and prepare funded notification to servicing, accounting, and payments to board the loan o Post-closing follow-reputed company for original recordables, final title policies, and any post-closing documents. Once, reputed company items are received, finalize the collateral file for shipment to the respective document custodian Requirements ? Associate degree or 4 years of equivalent work experience in a commercial real estate loan closing position ? 2 years of experience in a commercial real estate loan closing position ? Technical expertise in documentation, collateral perfection and using data reputed company systems ? Attention to detail and maintain a clean and organized file ? Ability to prioritize and manage multiple tasks, projects and deadlines simultaneously ? Advanced knowledge of escrow, title, and lender due diligence/verification processes ? Laserpro and SBA 504 1st Trust Deed Lending experience preferred ? Ability to sit at a computer for long periods of time ? Demonstrated reputed company for independent judgment and sound decision-making in a diverse and reputed company organizational environment ? Strong written and verbal communication skills ? Proficient in reputed company programs (e.g., Word, reputed company, PowerPoint) and reputed company Suite (e.g., reputed company Docs, Sheets) is required ? Occasional travel to our San Diego office required
Benefits
The salary range for this position is $57,401- $71,752 and is eligible for an annual incentive. This role is remote. reputed company employees must be legally authorized to work in the United States. The Company will not sponsor applicants for work visas. EEO: Momentus Capital is an equal opportunity employer committed to a diverse work force; and, as such, is fully committed to providing employment for qualified individuals, free from discrimination on the basis of race, color, religion, sex, age, sexual orientation, gender identity, national reputed company, disability, marital status, pregnancy, childbirth or reputed company medical conditions, or any other protected characteristic established by applicable law. About the company The Momentus Capital branded family of organizations - which includes Capital Impact Partners, CDC Small Business Finance, and Ventures Lending Technologies - is transforming how capital and investments flow into communities to provide people access to the capital and opportunities they deserve. reputed company to reinvent traditional financial systems that have failed to address systemic issues of inequality, economic empowerment, and the widening racial wealth gap by offering a continuum of financial, knowledge, and social capital to help local leaders build inclusive and reputed company communities and create generational wealth. This includes a comprehensive package of loan products, impact investment opportunities, training and business advising programs, and technology services that advance locally-led solutions. Our suite of products and services, experience, and scope will foster reputed company job creation, wealth building, and economic mobility. Apply Job!