Loan Manager

4 weeks ago

Lake Oswego, United States Redwood Trust Inc Full time
Job DescriptionJob Description

Job Summary:

A Loan Manager will be responsible for obtaining all required diligence documents from borrower team and coordinating third party vendors and the deal team in connection with each loan. A Loan Manager will work closely with senior management, clients, internal teams and various third parties. The Loan Manager will be the direct point of contact throughout the entire process for the borrower.

Essential Functions and Responsibilities: Include the following but not limited to, other duties may be assigned.

• Coordinate with originations and borrowers to collect due diligence items

• Review and identify required documents related to the loan such as bank statements, tax returns, personal financial statements, credit reports, applications, etc.

• Meticulously enter documents, borrower information, and loan information into multiple online systems to keep reports accurate at all times

• Manage loan life cycle in pipeline including coordination between appraisal team, title and escrow, underwriting, and borrower to meet specific timelines

• Coordinate with internal deal teams and external vendors regarding pipeline forecasting

• Effectively apply project coordination and loan closing standards and develop best practices and processes for closings

• Additional duties as requested by management

Minimum Requirements: The responsibilities listed below are required. Accommodations may be made to enable the individual with disabilities to ensure the individual can perform the essential functions and responsibilities.

• Bachelor's degree, or equivalent work experience

• Minimum 2 years commercial real estate loan closing and funding experience

• Escrow and title experience are pluses

• Proficiency in Word, PowerPoint and Excel

• Strong written and verbal communication skills

• Strong attention to detail and organizational skills

• Exceptional internal and external customer service

A reasonable estimate of the total compensation range for this role is 70k - 90k. The actual salary offer to the successful candidate will be based on job-related education, geographic location, training, licensure and certification, and other factors. CoreVest also offers a competitive benefit package including discretionary corporate bonus program, multiple health plans, STD and LTD options, company sponsored life insurance, fitness reimbursement, paid parental leave, time to volunteer, Paid Time off, ESPP, and 401K matching.

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