Arixa Capital
Loan and Operations Associate-Loan Closer
Arixa Capital, Los Angeles, California, United States, 90079
Arixa Capital Advisors, LLC is a respected private credit investment manager, managing a loan portfolio in excess of with $2B. Our strategy is to lend on single family and multifamily projects across the United States providing our investors a compelling fixed income return. We leverage our substantial balance sheet, world class institutional partners and a full-service lending platform to provide exceptional service to our real estate investor and developer clients. We are vertically integrated, ensuring that loans fund quickly and the customer experience is unparalleled as we handle all loan functions through our proprietary technology infrastructure backed by an experienced operations team.
Arixa has been named to the Inc 5000 fastest growing companies in the U.S. in each of the past 3 years.
Position Overview
Arixa is seeking a motivated and detail-oriented
Loan Closer . As a Loan Closer, you will play a critical role in the heart of our private lending business. You'll be responsible for managing bridge and construction loan closings from approval through funding, ensuring a smooth and timely closing process. This includes coordinating with escrow/title, preparing final loan documents, balancing settlement statements, and ensuring all pre-funding conditions are satisfied. You'll work directly with Client Relation Managers and Underwriters to close loans efficiently and accurately. We seek someone who is intellectually curious, holds themselves to high standards and can thrive in a high achieving, fast paced cultural environment.
This position reports to the Director of Loan Operations.
Primary Duties & Responsibilities
Ensure the timely and accurate preparation, documentation, and funding of new loans and loan modifications. Manage an active closing pipeline to meet critical deadlines; track loan approvals, closing conditions, and all required documentation for successful funding. Review and reconcile all final loan documents and settlement statements to confirm accuracy in Salesforce and consistency with approved terms. Coordinate and verify all required items for closing, including property insurance compliance, Funding Shield verification, indemnity approval, and availability of closing funds. Collaborate with title companies to review and clear outstanding title exceptions prior to funding. Proactively monitor and resolve all closing conditions to ensure readiness for funding authorization. Follow up on any remaining underwriting conditions and ensure they are satisfied prior to clear-to-close or funding. Partner with Loan Originators, Client Relations Managers, and Underwriters to address and finalize all items necessary for a seamless loan closing. Enter and validate key closing data in Salesforce, including final fees, wire instructions, and funding details. Manage funding timelines, prioritize closing tasks, and maintain workflow efficiency in a high-volume, fast-paced environment Support special projects and perform additional duties as assigned. Education and Experience
Bachelor's Degree preferred but not required. 4 to 5 years of loan closing or funding operations experience required, preferably in private lending. Strong organizational, multitasking, and problem-solving skills; able to adapt quickly in a fast-paced environment. Solid knowledge of mortgage loan products, guidelines, and regulations. Detail-oriented, team player with excellent communication and interpersonal skills. Experience with Salesforce a plus. Work Environment: This position typically operates in a professional office environment. Occasional evening and weekend work may be required to meet deadlines or address urgent issues.
Compensation
This LA or Phoenix-based position requires in-office work two (2) days per week to ensure close alignment among all team members. This position is exempt, regular full time, with Salary Range: $65K to $80K with annual target bonus potential.
Benefits
The employee is eligible for the following benefits: Semi-annual discretionary bonus program Medical, dental and vision insurance Two weeks (10 days) paid vacation 6 paid sick days All federal holidays Dire One floating holiday
Arixa has been named to the Inc 5000 fastest growing companies in the U.S. in each of the past 3 years.
Position Overview
Arixa is seeking a motivated and detail-oriented
Loan Closer . As a Loan Closer, you will play a critical role in the heart of our private lending business. You'll be responsible for managing bridge and construction loan closings from approval through funding, ensuring a smooth and timely closing process. This includes coordinating with escrow/title, preparing final loan documents, balancing settlement statements, and ensuring all pre-funding conditions are satisfied. You'll work directly with Client Relation Managers and Underwriters to close loans efficiently and accurately. We seek someone who is intellectually curious, holds themselves to high standards and can thrive in a high achieving, fast paced cultural environment.
This position reports to the Director of Loan Operations.
Primary Duties & Responsibilities
Ensure the timely and accurate preparation, documentation, and funding of new loans and loan modifications. Manage an active closing pipeline to meet critical deadlines; track loan approvals, closing conditions, and all required documentation for successful funding. Review and reconcile all final loan documents and settlement statements to confirm accuracy in Salesforce and consistency with approved terms. Coordinate and verify all required items for closing, including property insurance compliance, Funding Shield verification, indemnity approval, and availability of closing funds. Collaborate with title companies to review and clear outstanding title exceptions prior to funding. Proactively monitor and resolve all closing conditions to ensure readiness for funding authorization. Follow up on any remaining underwriting conditions and ensure they are satisfied prior to clear-to-close or funding. Partner with Loan Originators, Client Relations Managers, and Underwriters to address and finalize all items necessary for a seamless loan closing. Enter and validate key closing data in Salesforce, including final fees, wire instructions, and funding details. Manage funding timelines, prioritize closing tasks, and maintain workflow efficiency in a high-volume, fast-paced environment Support special projects and perform additional duties as assigned. Education and Experience
Bachelor's Degree preferred but not required. 4 to 5 years of loan closing or funding operations experience required, preferably in private lending. Strong organizational, multitasking, and problem-solving skills; able to adapt quickly in a fast-paced environment. Solid knowledge of mortgage loan products, guidelines, and regulations. Detail-oriented, team player with excellent communication and interpersonal skills. Experience with Salesforce a plus. Work Environment: This position typically operates in a professional office environment. Occasional evening and weekend work may be required to meet deadlines or address urgent issues.
Compensation
This LA or Phoenix-based position requires in-office work two (2) days per week to ensure close alignment among all team members. This position is exempt, regular full time, with Salary Range: $65K to $80K with annual target bonus potential.
Benefits
The employee is eligible for the following benefits: Semi-annual discretionary bonus program Medical, dental and vision insurance Two weeks (10 days) paid vacation 6 paid sick days All federal holidays Dire One floating holiday