About Century
We finance, build, and operate exceptional affordable housing so that the people we serve may have a dignified home, a healthy and hopeful future, and attain economic independence.
Century Housing Corporation is a mission-driven Community Development Financial Institution (CDFI) supporting quality affordable home development throughout California. With offices in Culver City, Long Beach, and San Francisco, Century provides innovative end-to-end financing from predevelopment to permanent loans. Century also serves as a reliable partner to state and local agencies, and municipalities. Learn more about us at .
JOB SUMMARY:
Under the direct supervision of the Vice President of Loan Administration of Lending, the Sr. Loan Administration Officer (“SRLA”) is responsible for the loan due diligence, closing and recordation of loan transactions such as predevelopment, bridge, acquisition, line of credit and construction loans.
DUTIES & RESPONSIBILITIES:
Upon receipt of assigned loan approval, SLAO/Closer will coordinate contact with the Loan Officer and Borrower/Borrower’s contact the introducing of the SRLA/Closer and the processing necessary for the funding and closing of the approved loan.
SRLA/Closer will obtains and analyze necessary due diligence information (i.e., loan applications, credit documents, insurance, borrowing resolution authorization, appraisals, etc.) to process and complete mortgage loan files. SRLA responsibilities include heavy interface and coordination with the loan officers, borrowers, closing calls, Century legal, site inspectors, appraisers, Century accounting, loan documents and revisions, title, and escrow officers to mitigate risk, update Agiloft, and complete the loan closing package and process.
After loans have been funded, the SRLA will deliver original final executed loan documents to legal attendant, monitor loan maturity, construction progress and periodic communication with the Borrower to insure the loan terms are in compliance with the loan documents as executed and recorded.
LOAN ADMINISTRATION – 90%
POST CLOSING – 10%
Required Knowledge, Skills, and Abilities:
Education and Experience
Bachelor’s Degree with 5-10 years’ experience in commercial banking or legal/and escrow group. An alternate combination of education and relevant experience will be considered. Familiarity with affordable housing lending a plus. Second language is an advantage but not required.
Job Location:
Culver City, California 90230 with some hybrid work available. This is not a remote work position.
Compensation and Benefits:
Hourly compensation $40.85-$50.50 with fully paid benefits including single/ family medical, dental vision, life/AD&D, LTD, retirement plan with 5% match and fully funded flexible spending account. Paid holidays, PTO, paid professional development, college tuition up to $5,250 annually, and a college loan payment assistance program available.
How to Apply:
Apply here . Call Fern Hendrickson, Vice President, Human Resources (310) 642-2017 for further information.
Our organization is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, ancestry, marital status, registered domestic partner status, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, protected veteran status, genetic information, or any other characteristic protected by federal, state, or local law.
Compensation details: 40.85-50.5 Hourly Wage
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