Transaction Coordinator

About Arixa Capital

Arixa is seeking a Transaction Coordinator to support the Company’s growth and development as one of the leading non-bank real estate lenders in the Western U.S.

Arixa is truly differentiated in our market. Arixa is both an investment manager and a lending platform, while our competition is almost exclusively lenders who do not manage discretionary funds. That allows Arixa to customize solutions for borrowers without special approvals from distant committees or boards of Managers that don’t understand our business. Arixa also manages money that comes from top tier institutional investors, giving Arixa substantial capacity to grow.

We place organizational health at the top of our priority list. In 2018, Arixa undertook an exercise to place organizational health at the center of our business model. The result is that we developed a playbook that incorporates input from every Arixa team member, making sure that we remain aligned, and everyone knows what is most important - covering our mission, our values, and our top priorities each year.

More information on Arixa can be found online at www.arixacapital.com.

Job Description

Arixa’s Transaction Coordinator is responsible for the operational aspects of transacting with institutional investors. This role ensures that all necessary documentation and processes are completed accurately and efficiently, facilitating smooth transactions between Arixa Capital and third parties. The ideal candidate will have a strong attention to detail, excellent organizational skills, and a thorough understanding of loan documentation and sales processes.

Summary of Primary Responsibilities:

While not an all-inclusive list of responsibilities, the Transaction Coordinator, will be responsible for:

Document Management:

• Collect, review, and organize all necessary loan documents required for loan sales.
• Ensure all documents are accurate, complete, and compliant with company policies and investor standards.
• Maintain up-to-date and accurate records of all transactions.

Coordination and Communication:

• Serve as the primary point of contact between the various departments at Arixa, investors, and other relevant parties.
• Coordinate with loan officers, underwriters, operations, and finance teams to address and resolve any issues or discrepancies.
• Communicate transaction status updates to all parties involved in a timely manner.

Transaction Processing:

• Prepare and review document packages to ensure all required documents are included.
• Facilitate the transfer of loan documents to third parties and verify receipt.
• Track and monitor the progress of transactions to ensure timely completion.
• Work with other departments to source any missing documents and resolve issues.

Compliance and Quality Control:

• Ensure all transactions comply with internal policies, investor requirements, and regulatory guidelines.
• Conduct quality control checks to identify and rectify any errors or inconsistencies.
• Stay current with industry standards and regulatory changes affecting loan sales.

Reporting and Record Keeping:

• Generate and maintain detailed reports on transaction activities and statuses.
• Assist in the preparation of periodic performance and compliance reports.
• Keep meticulous records of all communications, transactions, and document exchanges.

Requirements

Education and Experience:

Degree in finance, business administration, or a related field preferred.

Minimum of 2 years of experience in loan processing, real estate, or a related field.

Experience in overseeing transactions or similar processes is highly desirable.

Skills and Competencies:

Strong understanding of loan documentation and the mortgage industry.

Excellent organizational and time management skills.

High attention to detail and accuracy.

Proficient in Microsoft Office Suite (Word, Excel, Outlook).

Strong communication and interpersonal skills.

Ability to work independently and as part of a team.

This LA-based position requires in-office work 3 days per week, to ensure close alignment among all team members.

Work Environment: This position typically operations in a professional office environment. Occasional evening and weekend work may be required to meet deadlines or address urgent issues

Compensation

This position is exempt full time, with Salary Range: $60K - $70K plus discretionary bonus potential.

BenefitsThe employee is eligible for the following benefits:

Annual discretionary bonus program

Medical, dental and vision insurance

Exceptional health and wellness benefits programs

Two weeks (10 days) paid time away including vacation and sick time.

All major holidays (8 days)

One floating holiday

Note: This is not an all-inclusive list. The Manager of Client Relations will be involved and participate in related business matters and duties as assigned. Arixa is an ‘at-will’ employer.