Arixa Capital
Loan and Operations Associate-Servicing
Arixa Capital, Los Angeles, California, United States, 90079
Company Overview
Arixa Capital Advisors, LLC is a respected private credit investment manager, managing a loan portfolio in excess of $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 three years.
Position Overview
Reporting to the Manager, Servicing, the Loan and Operations Associate ensures thorough and accurate creation of servicing statements, packaged loan files, and all related documentation. Ensures excellent external and internal customer service while monitoring the loan through funded to paid off loan cycle..
Primary Duties & Responsibilities Perform loan servicing by entering new loans into the servicing software, monitoring and booking incoming payments, drafting ACHs for approval, creating statements for participating loans and following up with borrowers on late interest or extension payments Update Salesforce with loan information and tracking Electronically deposit checks and book into the servicing software Follow up with borrowers with upcoming loan maturities and prepare extension documentation Monitor insurance expiration dates and renewals Generate payoff demands upon request and follow up on payoff demand approvals from Management Review and process construction draws and draw reimbursements Adhere to all applicable compliance and private lending regulations Other duties as may be assigned Education and Experience
BA/BS degree preferred but not required Previous mortgage or real estate experience 2+ years of progressive loan servicing experience Proficiency in full cycle loan process Excellent verbal and written communication skills Outstanding interpersonal skills High level of integrity Strong problem-solving skills Collaborative team player with a focus on delivering results Detail oriented and highly organized Strong Microsoft Office skills Salesforce experience a plus The Mortgage Office experience a plus Trust accounting experience a plus Compensation
This LA or Phoenix-based position requires in-office work two (2) or more days per week to ensure close alignment among all team members. This position is exempt, regular full-time, with salary range: $70K - $75K plus discretionary bonus potential.
Benefits
The employee is eligible for the following benefits:
Annual discretionary bonus program Medical, dental, vision and voluntary supplemental insurance 401K with Safe Harbor match Two weeks (10 days) paid vacation 6 paid sick days 10 paid holidays One personal day
#LI-Hybrid
Note: This is not an all-inclusive list. The Loan and Operations Associate will be involved and participate in related business matters and duties as assigned. Arixa is an 'at-will' employer
Arixa Capital Advisors, LLC is a respected private credit investment manager, managing a loan portfolio in excess of $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 three years.
Position Overview
Reporting to the Manager, Servicing, the Loan and Operations Associate ensures thorough and accurate creation of servicing statements, packaged loan files, and all related documentation. Ensures excellent external and internal customer service while monitoring the loan through funded to paid off loan cycle..
Primary Duties & Responsibilities Perform loan servicing by entering new loans into the servicing software, monitoring and booking incoming payments, drafting ACHs for approval, creating statements for participating loans and following up with borrowers on late interest or extension payments Update Salesforce with loan information and tracking Electronically deposit checks and book into the servicing software Follow up with borrowers with upcoming loan maturities and prepare extension documentation Monitor insurance expiration dates and renewals Generate payoff demands upon request and follow up on payoff demand approvals from Management Review and process construction draws and draw reimbursements Adhere to all applicable compliance and private lending regulations Other duties as may be assigned Education and Experience
BA/BS degree preferred but not required Previous mortgage or real estate experience 2+ years of progressive loan servicing experience Proficiency in full cycle loan process Excellent verbal and written communication skills Outstanding interpersonal skills High level of integrity Strong problem-solving skills Collaborative team player with a focus on delivering results Detail oriented and highly organized Strong Microsoft Office skills Salesforce experience a plus The Mortgage Office experience a plus Trust accounting experience a plus Compensation
This LA or Phoenix-based position requires in-office work two (2) or more days per week to ensure close alignment among all team members. This position is exempt, regular full-time, with salary range: $70K - $75K plus discretionary bonus potential.
Benefits
The employee is eligible for the following benefits:
Annual discretionary bonus program Medical, dental, vision and voluntary supplemental insurance 401K with Safe Harbor match Two weeks (10 days) paid vacation 6 paid sick days 10 paid holidays One personal day
#LI-Hybrid
Note: This is not an all-inclusive list. The Loan and Operations Associate will be involved and participate in related business matters and duties as assigned. Arixa is an 'at-will' employer