Loan Clerk

**We are seeking a proactive self-starter who can independently identify challenges, demonstrating initiative and resourcefulness before seeking assistance.**

**Proficiency in Excel/Google Sheets is required.**

**Proven loan processing and/or administration experience with US companies is required, preferably in the lending or financial sectors.**

**Hours**: Part-Time (Opportunity for Full-Time), EST

**Job Overview**:
As the Loan Processor, you will support various administrative tasks and bookkeeping duties, focusing on real estate lending operations. You will work closely with

the partners to maintain day-to-day information, manage administrative functions, communicate with borrowers and partners, and ensure accurate financial documentation/record keeping. You will play a crucial role in streamlining our processes, maintaining smooth deal flow, and contributing to the success of our company.

**Key Responsibilities**:
**Administrative and Bookkeeping Tasks**:

- Maintain accurate records in our Portal: add new loans to the pipeline with all associated data and documents.
- Assist in creating new entities and user profiles for borrowers and partners.
- Generate term sheets and facilitate distribution to borrowers.
- Coordinate with Originators to gather required documents from borrowers and title companies.
- Maintain and update due diligence lists.
- Establish and maintain a well-organized filing system on Google Drive.
- Facilitate smooth onboarding to our servicer(s).

**Document Management**:

- Compile and organize full loan documentation packages.
- Coordinate the acquisition of assignments and allonges for table-funded loans.
- Prepare comprehensive Investor Folders for funding purposes.
- Generate documents for Docusign and manage the submission and tracking process.

**Financial Management**:

- Track and confirm wire transfers, accurately entering information into our Portal and QuickBooks.
- Create and review QuickBooks entries weekly and conduct bi-weekly reviews with Partners.
- Leverage QB rules and other features to automate tasks and improve efficiency.
- Process monthly borrower payments and maintain detailed logs.
- Generate and file yearly 1099s and 1098s in collaboration with the accountant.
- Conduct periodic reconciliations to ensure portal balances match QuickBooks balances.

**Communication and Relationship Management**:

- Solicit reviews and distributes rewards.

**Qualifications**:

- Strong organizational skills, with meticulous attention to detail and accuracy.
- Highly proactive and dedicated, with a strong sense of initiative.
- Proven loan processing and/or administration experience with US companies, preferably in lending or financial sectors.
- Demonstrated experience working in startup environments and with small entrepreneurs.
- Proficiency in Excel/Google Sheets.
- Strong understanding and experience using QuickBooks (Online), particularly familiar with class features.
- Excellent written and verbal communication skills
- Ability to adapt and perform various roles as needed.
- Demonstrated ability to handle tasks under pressure and adapt to changing priorities.

**How to Apply**:
**Job Type**: Part-time

Expected hours: 20 - 30 per week

**Experience**:

- Loan Processing: 1 year (required)
- Bookkeeping: 1 year (required)