PLUM is seeking a part time contract commercial real estate loan closer. The team is comprised of experienced underwriters and originators in SF and around the country. It's a fun, hard working group! Work will require weekly visits to the SF office, but can be partially conducted remotely. We have several loans that need closing work done as soon as possible and anticipate a regular amount of this sort of work in the near future.

We are looking to engage a contractor as soon as possible

Local, experienced candidates encouraged to apply.

RESPONSIBILITIES

Analyze, review and structure commercial loan documentation, supporting documentation and due diligence, to ensure that all loan documents are:

Complete and reviewed for accuracy. Communicate with the Originator and Attorney regarding identified discrepancies between the loan documents and the credit approval.

Identify and report loan document exceptions appropriately

Communicate with borrowers to obtain required due diligence and answer all inquiries in a timely manner.

Order, obtain, and analyze all pertinent applicant/borrower, property/collateral, and documentation information and verifications related to the processing of commercial real estate loan transactions.

Order and obtain all third party reports including appraisals, property condition reports, environmental reports, survey, title etc..

Schedule and facilitate loan closings. This includes working and communicating with customers, relationship managers, appraisers, attorneys, title company personnel and various other vendors to close every type of commercial loan in a timely manner.

Collect good faith deposits.

Provide outstanding customer service outside of and within the team.

Maintain outstanding quality service by meeting and/or exceeding established service level agreements.

QUALIFICATIONS

Bachelor’s degree and / or Paralegal certification or equivalent work experience.

Minimum of 2-4 years of commercial real estate loan closing experience.

Banking-related classes/on-line training required: Banking Law, Consumer Compliance and Secured Lending and Loan Documentation.

Additional banking-related classes/seminars preferred: accounting, real estate, agricultural lending, trust, regulatory compliance.

Excellent written and verbal communication skills.

Detail oriented with good organizational skills with the ability to multi-task.

Self-starter with ability to manage production.

Position is a part time position which will be compensated on a per loan closed basis

ABOUT PLUM

After decades of experience in institutional financial services, the founders of PLUM recognized the need to challenge the status quo which makes the commercial real estate (CRE) lending process opaque and cumbersome. PLUM is a more agile and advisory financial technology company that combines data intelligence with best-in-class financial expertise to modernize CRE lending.

Our CEO, Bill Fisher, has decades of experience building successful startup businesses, including GetSmart.com, Xing and Trivago. Our team includes senior leaders and talent from AIG, Goldman Sachs, KKR, McKinsey, PWC, Bank of America, Meridian Capital, A10, JP Morgan, Freddie Mac, US Bank, Wells Fargo and PNC Real Estate.

In April 2018, Plum announced a Series B equity investment by the $35 billion hedge fund, Elliott Management. Plum’s Series A round in August 2015 was led by Renren Inc, who has backed other fintech companies including SoFi, LendingHome and Motif Investing. This followed an earlier seed investment by QED Investors, a pre-eminent VC firm led by the founders of Capital One, whose portfolio includes Prosper, Orchard and ApplePie Capital.

Plum is headquartered in the heart of San Francisco’s Financial District in an airy, industrial loft, close to all forms of public transportation.





Underwriting


27 days ago - source

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