Loan Analyst/Loan Processor

Genesis Capital LLC•Los Angeles, CA

8d•$28 - $35•Onsite

About The Position

Genesis Capital is a leading business purpose lender specializing in commercial real estate financing for real estate developers. As a subsidiary of Rithm Capital, the Company offers financing solutions for single-family and multi-family residential properties. The Loan Analyst (LA) plays a crucial role in supporting the origination team, particularly the Relationship Associate, to guide loan applications through the Genesis origination process and ensure successful funding. This involves internal communication, coordination with third-party vendors, and borrower interaction to facilitate timely loan closings while maintaining an excellent customer experience.

Requirements

High school diploma.
Understanding of mortgage underwriting and funding process.
Excellent customer service skills.
Detail oriented and organized with ability to multi-task.
Self-motivated with strong desire to succeed.
Understanding of the real estate or financial services sector.
Strong verbal and written communication skills.
Ability to interface with high-powered clients and their teams.
Team player with a positive attitude.
Ability and desire to work in a fast-paced, deadline-oriented environment.
Ability to work with little supervision and take ownership of responsibilities.
Adaptability to perform well in a changing, fast-paced work environment.

Nice To Haves

Bachelor’s degree preferred.
Minimum 1 to 2 years’ experience working in the real estate related industry preferred.
Experience in private money lending, underwriting or construction finance a plus.
Familiarity with assignments, double escrow, cash purchases, auction purchases, non-arm’s length transactions and other non-traditional circumstances is a plus.

Responsibilities

Manage a high-volume loan pipeline, ensuring timely and compliant loan closings.
Oversee the placement and receipt of third-party vendor orders within Service Level Agreements (SLAs).
Conduct quality control on transactional documents including title commitments, purchase contracts, escrow instructions, deeds, and closing statements. Familiarity with assignments, double escrows, cash purchases, auction purchases, non-arm’s length transactions, and other non-traditional circumstances is beneficial.
Coordinate lien resolution with title companies and other third parties for various types of liens.
Prepare and submit complete loan files for asset underwriting.
Manage the pipeline and collaborate with internal departments such as Evaluations, Asset and Construction Underwriting, Docs, and Legal for closing.
Update the internal loan processing system with data fields, transactional documentation, and notes.
Request and review prior to doc, prior to funding, and post-closing conditions.
Release loan documents and coordinate signing with a Notary Public as needed.
Demonstrate problem-solving skills and sound judgment by gathering and applying relevant data to resolve issues.
Input and request title, escrow, insurance, and flood certifications.
Request 3rd party vendor orders.
Request signature blocks.
Assist the Relationship Associate in reviewing and clearing conditions.
Create a positive customer experience by effectively communicating Genesis’s needs, timelines, and requirements for loans and funding.
Maintain and update pipeline status, funding dates, and other relevant information for pipeline management.
Assist in maintaining the Genesis digital filing system according to internal guidelines and naming conventions.
Perform other functions and assist with other projects as assigned by management.