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World Business LendersOther
Closing Department Manager
Remote (US)Posted 5 days ago
World Business Lenders (WBL) provides flexible, short-term commercial loans backed by real estate to small and medium-sized businesses across the United States, focusing on those facing difficulties with traditional financing. It is a fast-moving, results-driven organization that values security and growth.
Location: Remote (US)
Responsibilities
- Lead the Closing Team – Manage and develop closing staff while ensuring timely, accurate, and compliant loan closings.
- Oversee End-to-End Closings – Direct the closing process from Clear-to-Close (CTC) through funding, ensuring all legal, title, and funding conditions are satisfied.
- Provide Legal Oversight – Review and approve loan documents, title commitments, settlement statements, and legal exceptions to protect the company's collateral position.
- Manage Attorney & Title Relationships – Oversee closing attorneys, title companies, settlement agents, and escrow partners, establishing performance expectations and service levels.
- Resolve Complex Closing Issues – Serve as the primary escalation point for title defects, lien priority, vesting issues, legal disputes, and state-specific closing requirements.
- Ensure Regulatory Compliance – Maintain compliance with federal and state lending regulations, investor requirements, and company policies throughout the closing process.
- Partner with Cross-Functional Teams – Collaborate with Underwriting, Credit, Processing, Valuations, and Funding to resolve issues quickly and keep loans on schedule.
- Drive Process Improvement – Develop SOPs, implement quality controls, and streamline workflows to reduce closing cycle times and post-closing defects.
- Monitor Operational Performance – Track KPIs such as clear-to-close turnaround, closing cycle time, funding accuracy, defect rates, and attorney/title vendor performance.
- Support Complex Deal Structuring – Advise leadership on legal risks, document requirements, and transaction structures for complex or exception-based loans.
Requirements
- Bachelor's or Associate's degree.
- 10+ years of progressive experience in mortgage closing operations, title, escrow, or lending.
- Extensive experience reviewing mortgage loan documentation, title matters, and legal closing requirements.
- Proven leadership experience managing closing teams, workflows, and third-party partners, including title companies, settlement agents, and closing attorneys.
- Strong knowledge of mortgage closing documentation, title review, lien perfection, and regulatory compliance, including TRID, RESPA, and TILA.
- Experience resolving complex closing, title, funding, and legal issues while ensuring timely and compliant loan closings.
Benefits
- USD compensation.
- Paid Time Off (PTO).
- Fully remote — work from wherever you do your best work!