Closing Department Manager

1 month, 1 week ago
Full-time
Lead
Operations
World Business Lenders

World Business Lenders

World Business Lenders provides short-term loans to small businesses, focusing on their ability to repay rather than the owner's credit score, thereby facilitating access to working capital for equipment purchases and expansion efforts.

Real Estate
251-1K
Founded 2011
$25M raised

Description

  • Lead and develop the closing team to ensure timely, accurate, and compliant loan closings.
  • Oversee the end-to-end closing process from Clear-to-Close through funding.
  • Review and approve loan documents, title commitments, settlement statements, and legal exceptions.
  • Manage relationships and performance expectations for closing attorneys, title companies, settlement agents, and escrow partners.
  • Serve as the primary escalation point for complex title, lien, vesting, legal, and state-specific closing issues.
  • Ensure compliance with federal and state lending regulations, investor requirements, and company policies.
  • Collaborate with underwriting, credit, processing, valuations, and funding to resolve issues and keep loans on schedule.
  • Develop SOPs, implement quality controls, and streamline workflows to reduce cycle times and post-closing defects.
  • Monitor KPIs including clear-to-close turnaround, closing cycle time, funding accuracy, defect rates, and vendor performance.
  • Advise leadership on legal risks, document requirements, and deal structures for complex or exception-based loans.

Requirements

  • 10+ years of progressive experience in mortgage closing operations, title, escrow, or lending.
  • Bachelor's, Associate's, or equivalent legal education, including a J.D., preferred.
  • Extensive experience reviewing mortgage loan documentation, title matters, and legal closing requirements.
  • Proven leadership experience managing closing teams, workflows, and third-party partners.
  • Strong knowledge of mortgage closing documentation, title review, lien perfection, and regulatory compliance.
  • Knowledge of TRID, RESPA, and TILA.
  • Experience resolving complex closing, title, funding, and legal issues.
  • Stable, reliable internet connection for remote work.
  • A professional and dedicated remote working setup.
  • Experience in Non-QM mortgage lending or Merchant Cash Advance (preferred).
  • Strong leadership and decision-making skills.
  • Excellent attention to detail.
  • Strong communication and negotiation skills.
  • Strong problem-solving skills.
  • Strong organization and prioritization skills.
  • Extensive knowledge of residential mortgage closings, loan documentation, title, escrow, and funding processes, preferably within the Non-QM or private lending sector.
  • Strong understanding of mortgage law, lien perfection, title defects, vesting, UCC filings, state-specific closing requirements, and regulatory compliance.
  • Expertise reviewing and approving promissory notes, mortgages/deeds of trust, guaranties, settlement statements, payoff letters, and closing instructions.
  • Ability to interpret title commitments, resolve title objections, coordinate with title companies and closing attorneys, and ensure first-lien perfection.
  • Proficiency with Loan Origination Systems such as Encompass, document preparation platforms, e-signature tools, and Microsoft Excel.
  • Experience implementing legal quality controls, managing closing exceptions, minimizing post-closing defects, and ensuring investor and regulatory compliance.

Benefits

  • USD compensation.
  • Paid Time Off (PTO).
  • Fully remote work from anywhere.

Interested in this position?

Apply directly on the company website

Apply Now

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