Loan Manager

Redwood Trust Inc•Irvine, CA

15h•$70,000 - $85,000

About The Position

The 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. They 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.

Requirements

Bachelor'sdegree,orequivalentworkexperience
Minimum2yearscommercialrealestateloanclosingandfundingexperience
Escrowandtitleexperiencearepluses
ProficiencyinWord,PowerPointandExcel
Strongwrittenandverbalcommunicationskills
Strongattentiontodetailandorganizationalskills
Exceptionalinternalandexternalcustomerservice

Responsibilities

Workwith legal counsel, title and escrow, dealteamand third-party vendors to coordinate the kick-off, checklist and welcome email transmission, diligence document upload, bank account set-up, title review, documentpreparationand third-party vendor review of diligence documents.
Manage loan life cycle in pipeline and coordinate and drive communication between deal teams, including underwriting and originations to ensure thatdiligencedocuments are uploaded into Salesforce in atimely manner.
Review and identify documents related to the loan such as bank statements, tax returns, personal financial statements,initial appraisal reports,leaseand purchase agreements,etc.
Facilitate kick-off and check-in calls, as well as prepare and update diligence checklists for deal team.
Initiate the process of engaging third-party vendors for insurance, title, lease review, and appraisal services.
Communicate with borrowers, third parties and internal business partners during diligence to facilitate an efficient process from the initial kick off until the closing of the loan.
Coordinate and review background and credit search, engage the title company by providing initial quotes to borrower team, vet third party title companies, as well as coordinate the set-up of bank accounts related to cash management.
Coordinate with internal deal teams and external vendors regarding pipeline forecasting.
Ensure closing packages in Salesforce are complete.
Additional duties as requested by management.