Loan and Operations Associate-Loan Closer
| Estimated Pay info | Based on similar jobs in your market$16 per hour |
|---|---|
| Hours | Full-time |
| Location | Los Angeles, CA Los Angeles, California open_in_new |
About this job
Job Description
Company Overview
Arixa Capital is a leading private real estate lender and alternative investment manager with over $7 billion in originations completed since inception and a servicing portfolio exceeding $2 billion as of December 31, 2025.
We're more than a lender. Our vertically integrated platform allows us to manage every step of the loan process in-house, ensuring speed, reliability, and an exceptional experience for our clients. Backed by a substantial balance sheet, top-tier institutional partners, and a talented operations team, we're positioned for continued growth and innovation.
At Arixa, our culture is one of our strongest assets. We foster a positive, collaborative, and high-performing environment where team members are empowered to grow, take ownership, and make an impact. Our team thrives on solving problems, celebrating wins, and driving results—together.
We've been named to the Inc. 5000* list of fastest-growing private companies for three years running, and we're just getting started.
*Arixa provided Inc. de minimis compensation to be considered for the Inc. 5000 list of the fastest growing private companies in the U.S. For a full description of ranking methodology, please visit: https://www.inc.com/inc-5000-methodology-how-we-selected-these-companies.html.
Position Overview
Arixa is seeking a motivated and detail-oriented Loan Closer. As a Loan Closer, you will play a critical role in the heart of our private lending business. You'll be responsible for managing bridge and construction loan closings from approval through funding, ensuring a smooth and timely closing process. This includes coordinating with escrow/title, preparing final loan documents, balancing settlement statements, and ensuring all pre-funding conditions are satisfied. You'll work directly with Client Relation Managers and Underwriters to close loans efficiently and accurately. We seek someone who is intellectually curious, holds themselves to high standards and can thrive in a high achieving, fast paced cultural environment.
This position reports to the Director of Loan Operations.
Primary Duties & Responsibilities
- Ensure the timely and accurate preparation, documentation, and funding of new loans and loan modifications.
- Manage an active closing pipeline to meet critical deadlines; track loan approvals, closing conditions, and all required documentation for successful funding.
- Review and reconcile all final loan documents and settlement statements to confirm accuracy in Salesforce and consistency with approved terms.
- Coordinate and verify all required items for closing, including property insurance compliance, Funding Shield verification, indemnity approval, and availability of closing funds.
- Collaborate with title companies to review and clear outstanding title exceptions prior to funding.
- Proactively monitor and resolve all closing conditions to ensure readiness for funding authorization.
- Follow up on any remaining underwriting conditions and ensure they are satisfied prior to clear-to-close or funding.
- Partner with Loan Originators, Client Relations Managers, and Underwriters to address and finalize all items necessary for a seamless loan closing.
- Enter and validate key closing data in Salesforce, including final fees, wire instructions, and funding details.
- Manage funding timelines, prioritize closing tasks, and maintain workflow efficiency in a high-volume, fast-paced environment
- Support special projects and perform additional duties as assigned.
Education and Experience
- Bachelor's Degree preferred but not required.
- 4 to 5 years of loan closing or funding operations experience required, preferably in private lending.
- Strong organizational, multitasking, and problem-solving skills; able to adapt quickly in a fast-paced environment.
- Solid knowledge of mortgage loan products, guidelines, and regulations.
- Detail-oriented, team player with excellent communication and interpersonal skills.
- Experience with Salesforce a plus.
- 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) days per week to ensure close alignment among all team members. This position is exempt, regular full time, with a salary range of $65K to $80K with annual target bonus potential.
Benefits
The employee is eligible for the following benefits:
- Annual discretionary bonus program
- Medical, dental and vision insurance
- Two weeks (10 days) paid vacation
- 6 Paid sick days
- 10 Paid holidays
- One floating holiday
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