Doc Drawer Job at Arixa Capital, Los Angeles, CA

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  • Arixa Capital
  • Los Angeles, CA

Job Description

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

Arixa's Doc Drawer will assume ownership of loans assigned upon underwriting approval, including but not limited to reviewing preliminary reports, credit memorandums, operating agreements, and any supporting documentation needed to prepare loan documents. Coordinate with closing companies and/or notaries for signing appointments and help support the closing department to ensure loans are funded to meet the borrower's expectations. We seek someone who is intellectually curious, holds themselves to high standards and can thrive in a high achieving, fast paced cultural environment.

Primary Duties & Responsibilities
  • Perform a final verification of the preliminary title report to ensure accuracy of taxes, liens, and encumbrances.
  • Review operating agreements to determine proper signing authority
  • Collaborate and proactively communicate with internal and external parties involved in the closing process to resolve outstanding issues or discrepancies
  • Conduct quality control review to ensure data quality within Salesforce and loan documents
  • Generate closing packages from Salesforce and/or Lightning Docs
  • Meet proper SLAs by sending closing package within 24 hours upon underwriting approval
  • Coordinate closing with closing agent, notary, and borrower
  • Support Closer on meeting funding SLA's; review executed closing package and/or verify wiring instructions with title company
  • Communicate and escalate any issues to Closing Team Lead
  • Work on special projects as needed or other duties as may be assigned
Education and Experience
  • Bachelor's Degree preferred but not required.
  • 3-4 years of doc drawing or operation fulfillment experience required, preferably in private lending.
  • Working knowledge and use of MS Office and internet.
  • Experience working with Salesforces a plus.
  • Strong organizational and multi-tasking skills.
  • Flexible with the ability to adapt to change quickly.
  • Possesses the ability to apply critical thinking and problem-solving skills.
  • Works well in a fast-paced team driven environment.
  • Excellent verbal and written communication skills.
  • Detail oriented and highly organized.
  • Collaborative team player with a focus on delivering.
  • 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) or more days per week in office to ensure close alignment among all team members. This position is non-exempt full time, with an hourly pay range of $33-40/hourly plus discretionary bonus potential.

Benefits

The employee is eligible for the following benefits:
  • Annual discretionary bonus program
  • Medical, dental and vision insurance
  • 401k with Safe Harbor match
  • Two weeks (10 days) paid vacation.
  • 6 paid sick days
  • 10 paid holidays
  • One personal day

#LI-Hybrid

Job Tags

Hourly pay, Full time, Casual work, Flexible hours, Afternoon shift, 2 days per week,

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