Loan Operations Manager

Company: NC Rural Center
Location: Raleigh
Posted on: November 22, 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.

Qualifications:


- Four-year business degree preferred or two year accounting/business degree with five or more years of strong, relevant experience.

- Strong capability with MS Office programs (esp. Word and Excel), comfort with spreadsheets and financial terminology, and the ability to learn new software applications.

- Commercial loan-closing and documentation experience.

- Working knowledge of community bank document origination systems a plus.

- Paralegal experience a plus.

- Knowledge of lending practices and small-business finance.

- Good writing and analytical skills.

- Excellent verbal and written communication skills.

- A team player who enjoys achieving results and has fun doing it.


How to apply:


- Prepare a cover letter and resume specifically tailored for this opportunity and email them as a Word or PDF document to hr@ncruralcenter.org; the subject line of the email should include your name and the position title. Applications will be reviewed on a rolling basis and position will remain open until filled .

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