Closing Manager - Home Equity

Posted 2 Days Ago
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Hiring Remotely in United States
Remote
Senior level
Fintech • Mobile • Software • Financial Services
SoFi’s mission is to help people reach financial independence to realize their ambitions.
The Role
The Closing Manager will lead a team of closers in ensuring accurate and effective loan closings. Responsibilities include workflow optimization, team coaching, conducting meetings, and managing the closing process to enhance efficiency and compliance.
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Who we are:

Shape a brighter financial future with us.

Together with our members, we’re changing the way people think about and interact with personal finance.

We’re a next-generation financial services company and national bank using innovative, mobile-first technology to help our millions of members reach their goals. The industry is going through an unprecedented transformation, and we’re at the forefront. We’re proud to come to work every day knowing that what we do has a direct impact on people’s lives, with our core values guiding us every step of the way. Join us to invest in yourself, your career, and the financial world.

The role:

The Closing Manager will lead a team of closers through all functions in the closing process to ensure loans are closed effectively and accurately. This includes optimizing closing workflows and coaching and training the team as necessary. The manager is responsible for directing the development of the team's closers, identifying opportunities for process improvements, and creating/supporting a culture of teamwork in and outside the department.

What you'll do:

  • Manage a team of 8-10 loan closers.
  • Review the Closing Activity Report to track metrics for minimum requirements.
  • Separate closing expectations sheet.
  • Review the pipeline to ensure closing packages are all out for the current day (morning).
  • Review the pipeline to see how many packages are outstanding for the next business day (evening).
  • Answer emails from title, borrowers, and SoFi employees.
  • Assign out rush purchases from processing.
  • Assisting with escalated loan files.
  • Assign files to the team if anyone is out of the office.
  • Assist with problem loans and post closing process. 
  • Update auto assigner as needed.
  • Work files on outcome reports (3 times daily).
  • Conduct weekly team meetings
  • Authority to make decisions on the closing team, start projects, and improve workflows.
  • Makes loan-level decisions on files to get loans closed on time and in compliance with TRID.

What you'll need:

  • 5 years’ experience in the mortgage industry
  • 1 year of management experience
  • 2 years experience in mortgage closing
  • Experience with post closing and post funding (preferred) 
  • Bachelor’s degree (preferred)

Compensation and Benefits

The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidate’s experience, skills, and location. 

 

To view all of our comprehensive and competitive benefits, visit our Benefits at SoFi page!

SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law.The Company hires the best qualified candidate for the job, without regard to protected characteristics.Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.New York applicants: Notice of Employee RightsSoFi is committed to embracing diversity. As part of this commitment, SoFi offers reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations to participate in the job application or interview process, please let your recruiter know or email [email protected].Due to insurance coverage issues, we are unable to accommodate remote work from Hawaii or Alaska at this time.

Internal Employees

If you are a current employee, do not apply here - please navigate to our Internal Job Board in Greenhouse to apply to our open roles.

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The Company
HQ: San Francisco, CA
4,500 Employees
Hybrid Workplace
Year Founded: 2011

What We Do

For over a decade, SoFi has helped transform the Fintech industry by creating financial products and services that help people borrow, save, spend, invest, and protect their money better, so they can achieve financial independence and realize their ambitions. Whether it’s owning a home, saving for retirement, paying off their student loans, or helping our members invest - SoFi is there every step of the way. Want to learn more about how it works? Check it out here: https://www.sofi.com/how-it-works/

Our core values are at the center of how we help our millions of members get their money right. They are our guiding principles for how we think about serving our members, building our company, and most importantly, how we work together. At SoFi, it’s not just what we do - but how we do it.

SoFi is also proud to be the naming rights partner of SoFi Stadium, home of the Los Angeles Chargers and the Los Angeles Rams.

For more information, visit SoFi.com

Why Work With Us

Together with our members, we’re changing the way people think about and interact with personal finance. We’re a next-generation Fintech company using innovative, mobile-first technology to help our members reach their goals. The industry is going through an unprecedented transformation, and we’re at the forefront.

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Employees engage in a combination of remote and on-site work.

For the majority of our workforce who work on a hybrid schedule, the in-office requirement is a handful of days per month!

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