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Loan Operations Manager

Company: NC Rural Center
Location: Raleigh
Posted on: November 21, 2020

Job Description:

Position Summary:
The Loan Operations Manager is responsible for helping to manage the operational processes for CornerSquare Community Capital, the Capital Access Program, the Loan Participation Program, and the Fund-of-Funds program. This process tracks from lender application through commitment to loan closing.
Responsibilities:


  • Create, edit, and coordinate the completion of loan commitment letters.
  • Review all required program documents, underwriting, leases, property appraisals, closing documents, and collateral documents for adherence to guidelines.
  • Review final loan closing packages from lenders for completeness and adherence to guidelines prior to loan funding.
  • Maintain underlying contracts with partner lenders and ensure they are current and in compliance.
  • Develop a working knowledge of the loan system; enter new loans, enter and track daily disbursement and collection activity, and provide reports and analysis.
  • Complete various internal and funder reporting requirements.
  • Train with all members of the team to have a working knowledge of the program's accounting requirements, functions, and procedures, and the program's loan servicing and investment processes.

Keywords: NC Rural Center, Raleigh , Loan Operations Manager, Executive , Raleigh, North Carolina

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