WHO WE ARE

Communities on the margins of opportunity deserve a trusted partner on their journey towards financial growth and stability. As a locally invested, collaborative partner in social justice and financial equity, Community Vision provides nonprofits, small businesses, and social enterprises with strategic investment and guidance, to deepen work, scale impact, and strengthen our communities. We know that supporting community-owned and community-governed projects creates shared prosperity and builds collective, and self-directed, economic and political power. This position will put you at the forefront of exciting organizational growth and the re-envisioning of how we
carry out our work; creating greater efficiency internally and deeper impact externally.

Community Vision is dedicated to anti-racist practices and to building an anti-racist
organization. This includes treating colleagues with respect, supporting the vision of the organization, and acting as ambassadors of our values.

THE OPPORTUNITY
The Loan Closing Administrator is pivotal to the success of the Lending and Finance
Departments, and operates in a collaborative, cooperative, team environment. They are responsible for ensuring the accuracy of loan documents and supporting the entirety of the closing process. The Loan Closing Administrator prepares closing documentation in a timely and effective manner without error. The Loan Closing Administrator serves as the final auditor of loan documentation and prepares closing packages for execution.

WHAT YOU WILL DO
● Communicates with Loan Officers to ensure proper handoff and transition of
responsibilities in a timely manner
● Communicates with Borrowers and serves as one of the primary points of contact for loan closings and disbursements
● Coordinates the closing and funding process in conjunction with the Director of Lending, Loan Officers, Loan Administrators, Borrowers, outside Legal Counsel, Title Officers, and other related parties
● Documents and reviews commercial loan transactions, including real estate,
construction, and small business loans and lines of credit
● Assists in the preparation and review of materials related to New Markets Tax Credit
financings, and ensures closing and funding in a timely manner
● Reviews title reports, escrow instructions, surveys, appraisals, environmental reports, property condition reports, insurance and other documents, ensuring compliance with loan closing requirements and loan policies
● Manages the closing requirements by identifying and recommending solutions to meet the needs of Community Vision and our Borrowers
● Ensures accurate, well-organized electronic loan files through loan closing and
disbursement
● Processes funding disbursements and draw requests for line of credit, pre-development and construction loans, ensuring proper documentation and compliance with loan conditions
● Maintains a working knowledge of loan policies and protocols as implemented and/or updated
● Maintains the loan portfolio management system (TEA) and related databases, through disbursement, including updates to the Salesforce database
● Collaborates with department colleagues to support monitoring and compliance
assignments as called for by workflow
● Assists ad-hoc projects as assigned that may include industry research, product
development, operational efficiency, compliance and reporting systems protocol, social impact tracking development, funding applications or policy analysis
● Works collaboratively with other departments to manage information, reporting and
document preparation for various internal and external needs, funding requests, and
compliance with investor covenants

WHO WE ARE LOOKING FOR
Ideal qualifications
● 4+ years of experience in urban planning, economics or finance, etc.
● Experience in documenting commercial loans and/or asset management, preferably in the fields of either community development or small business lending
● Experience with New Markets Tax Credit program and/or small business lending desired
● Understanding of and experience with one of our key areas of affordable housing,
nonprofit community facilities, and/or food and enterprise lending desired
● Database skills (e.g. Salesforce) with a demonstrated proficiency in MS Office and
Google Suites
● Ability to build relationships internally and externally and elicit confidence by
demonstrating reliability and commitment to Community Vision’s mission and values.
● Knowledge of and experience working with nonprofit community-based organizations is desired
● Demonstrated ability to consistently multi-task and manage a varied and occasionally intense workload while maintaining a high degree of accuracy
● Experience in post-closing monitoring is a plus
● A high level of attention to detail and excellent judgment and decision-making abilities
● Excellent written and verbal communication and organizational skills

MORE ABOUT THE POSITION
The Loan Closing Administrator is a full-time exempt position. This position reports to the Director of Lending. The salary for this position is between $70,040 - $87,550 annually, depending on experience. Benefits include: 100% health insurance premium coverage for employees and a contribution towards dependent coverage, dental insurance, long-term disability and life insurance, transportation and cell phone subsidies, employer contributions towards retirement savings, three weeks’ vacation, and a commitment to work/life balance.

Occasional evenings and out of area travel may be necessary. The position involves regular computer and telephone use plus some minimal lifting. The position can be based at either of Community Vision’s offices in San Francisco or Oakland. All staff are working remotely until further notice.

For more information on our programs and services, please visit our website at:
communityvisionca.org.

Community Vision is an equal opportunity employer and is committed to providing applicants and employees with a diverse, equitable and inclusive environment free of discrimination and harassment. All employment decisions at Community Vision are based on business needs, job requirements and individual qualifications, without regard to age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), sexual orientation, or any other status
protected by the laws or regulations where we operate. Community Vision will not tolerate discrimination or harassment based on any of these characteristics and encourages applicants with these characteristics to apply.

Job Type: Full-time

Pay: $70,040.00 - $87,550.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Retirement plan
• Vision insurance

Schedule:

• 8 hour shift

Supplemental pay types:

• Bonus pay

Ability to commute/relocate:

• San Francisco, CA 94102: Reliably commute or planning to relocate before starting work (Required)

Experience:

• Fair Housing regulations: 1 year (Required)

Work Location: Hybrid remote in San Francisco, CA 94102

Please Note :
ajayjain.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, ajayjain.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.