Post-Closing Specialist

CIVIC Redondo Beach, California


Founded in 2014 by it’s parent companies Wedgewood Inc. and HMC Assets LLC, CIVIC Financial Services is a well-capitalized lending-arm of the Wedgewood Companies.  CIVIC is a fast growing lender and plays a critical role in the vertically integrated real estate company located in North Redondo Beach.  Wedgewood is a buyer of distressed residential real estate and has completed more than 25,000 fix and flip transactions since its inception.  CIVIC was started to provide synergistic opportunities within the company and to fund business purpose and residential investment loans for real estate buyers and investors. 

The Post-Closing Specialist is responsible for managing warehouse funding’s with investors, satisfying all custodian exceptions, satisfying investor diligence questions, and help facilitate loan trades and securitizations with Capital Markets.

What you'll do:
  • Help facilitate funding’s with the warehouse bank and updates Encompass with accurate data for reporting
  • Generate daily reports and track outstanding collateral to satisfy SLA with investors
  • Upload loan packages to third parties’ vendors for diligence review
  • Reviews and satisfy all outstanding conditions on diligence report prior to funding with investors, research, seek and obtain support from other business units to reconcile conditions
  • Collaborate with internal departments on correcting any outstanding issues
  • Collaborate closely with Capital Markets on Investor Trades by uploading imaged files to investor sites.
  • Obtain all corrected document conditions within SLA timeframe from underwriters, processors, closers and closing agents to satisfy loan trades and securitizations requirements
  • Proactively and knowledgably communicate to internal departments and closing agents on outstanding post-closing conditions or issues
  • Notify Post Closing Manager of errors and issues, coordinate corrections or documentation errors in order to verify salability of loans
What you'll need:
  • 2+ years if post-closing experience
  • Bachelor’s degree preferred
  • Strong initiative
  • Critical thinking and problem solving skills
  • Strong organizational and multi-tasking skills
  • Must possess strong interpersonal skills
  • Must be flexible and adapt to change quickly
  • Must have critical thinking and problem solving skills
  • Must have strong organizational and multi-tasking skills
  • Must show strong initiative
  • Must work well in a fast paced team driven environment
  • Encompass experience is a plus
What's in it for you:

Wedgewood offers our team members a competitive compensation, 401K, and traditional benefits like medical, dental, and vision.  We also have many additional perks:
• Company Sponsored Outings: Past events have included sporting events, happy hours, parking lot BBQs, bowling and bocce ball tournaments, office theme parties, and more.
• In-house Investment Programs: Participate in the growth and profitability of the company through our in-house investment programs. We also offer home ownership & loan programs.
• Contribute to Your Community: Through our volunteer service, sustainable initiatives, charitable giving, and work with local universities, Wedgewood provides opportunities throughout the year for its employees to give back to the community for the greater good.
Wedgewood occupies 50,000 square feet in a state of the art headquarters in Redondo Beach, California and was named Company of the Year by the city in 2015. We also have multiple locations around the country. Wedgewood is an Equal Opportunity Employer and welcomes applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation or age. We look forward to hearing from you!

Check us out on The Muse.
Company: Civic Financial Services