Production Assistant

2 weeks ago

Chicago, IL, United States RF RENOVO MANAGEMENT COMPANY LLC Full-time

Job Description Job Description Position: Production Assistant
Who We Are
Renovo Financial is a rapidly growing Chicago-based private lender serving real estate investors who acquire and renovate single and multi-family residential properties. We pride ourselves on supporting clients by providing unparalleled service, from the loan application through the payoff. Renovo’s reliability and “win-win” solutions-oriented approach is just two reasons why our repeat and referral rates far exceed the industry average. Renovo was honored to be named one of Crain’s 50 fastest-growing Chicago companies. Come join us, its “win-win”
Position Summary
The Production Assistant is the main support and leverage for top-performing VP’s of Lending. You will gather, organize, and maintain up-to-date loan files for the VP’s book of business. You will capture the structure and context of each deal and work closely with Renovo’s loan processors to ensure the deals can be efficiently processed and underwritten. Your success in this role provides the leverage a VP needs to effectively serve current customers, continue to grow strategic relationships, and bring in lots of new business. In addition to the VP of Lending, you are the main point of contact for customers as you help them through the loan process. You are the glue between Processing and the VP of Lending.
Corporate Mandates
Collaborate closely with VP’s to document the structure of a deal
Draft, Issue, & Collect LOI’s.
Follow-up consistently on the Document Needs List with client
Follow-up and help maintain strategic partnerships
Responsible to maintain up-to-date lead funnel
Enter Stated Loan Info into Renovo’s CRM
Manage Calendar and Schedule for VP of Lending
Coordinate High-Trust Transfer of Loan File to Loan Coordinator
Success Factors & Matching Measurements
Success Factor & Matching Measurement 1 Success Factor: You and your VP of Lending exceed 15+ loans per month
Matching Measurement: Rehab Pipeline report from Salesforce

Success Factor & Matching Measurement 2 Success Factor: Clients consistently report being amazed by Renovo’s speed and efficiency in processing/underwriting
Matching Measurement: Monthly NPS score of 80, Beginning of the Loan Response Rate of at least 50%, and great customer feedback in customer comments

Success Factor & Matching Measurement 3 Success Factor: Fully Baked Loan File with all supporting documentation
Matching Measurement: Renovo’s Document Vault has all green check marks before going to underwriting (works with Processor) and all Origination fields are filled out on Salesforce

Behavioral Characteristics
Great Attitude:  You always come into work with a positive attitude and a “will find a way to get it done” mentality
High-energy:  Your enthusiasm motivates everyone you collaborate with, including your VP of Lending, Processors, and most importantly, your clients
Organized:  You must be extremely organized to ensure we fully understand the details of the  loans we are processing and we minimize the # of times we unnecessarily reach out to a client
Say “Yes”:  You always find a way to say, “Yes” to all reasonable requests from all internal clients (employees) and external clients (customers)
Renovo Financial is an equal opportunity employer. Renovo Financial does not discriminate in any employment actions (including hiring decisions) with regard to race, color, religion, national origin, citizenship status, ancestry, age, sex (including sexual harassment), sexual orientation, gender identity and expression, marital status, disability, military status or unfavorable discharge from military service or any other characteristic protected by law.

Renovo offers a 401k plan with employer matching, paid time off, observance of company paid holidays, medical, dental, vision benefits for employees and their dependents, maternity benefits and more.