Closing Department Manager

🕒 July 3

🌐 Costa Rica, El Salvador, +4 more countries – Remote

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⏰ Full Time

🟠 Senior

🔴 Lead

👔 Manager

👻 Ghost score 48%

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Logo of World Business Lenders, LLC

World Business Lenders, LLC

201 - 500 employees

💸 Finance

🤝 B2B

💳 Fintech

Finance • B2B • Fintech

World Business Lenders, LLC is a direct lender that specializes in providing real-estate secured business loans to small-to-medium-sized businesses. The company focuses on serving under-served businesses that lack access to traditional funding, facilitating access to capital for business expansion and growth. With a strong management team experienced in financial services, World Business Lenders offers working capital solutions to foster the development of successful small businesses.

📋 Description

• Lead and develop the closing team while ensuring timely, accurate, and compliant loan closings • Direct the closing process from Clear-to-Close through funding, ensuring legal, title, and funding conditions are satisfied • Review and approve loan documents, title commitments, settlement statements, and legal exceptions • Oversee closing attorneys, title companies, settlement agents, and escrow partners • Resolve title defects, lien priority, vesting issues, legal disputes, and state-specific closing requirements • Maintain compliance with federal and state lending regulations, investor requirements, and company policies • Collaborate with Underwriting, Credit, Processing, Valuations, and Funding • Develop SOPs, implement quality controls, and streamline workflows • Track clear-to-close turnaround, closing cycle time, funding accuracy, defect rates, and attorney/title vendor performance • Advise leadership on legal risks, document requirements, and transaction structures for complex or exception-based loans

🎯 Requirements

• Bachelor's, Associate's, or equivalent legal education (including a J.D.) preferred • 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 • Stable, reliable internet connection • Professional and dedicated remote working setup • Experience in Non-QM mortgage lending or Merchant Cash Advance (MCA) preferred • Extensive knowledge of residential mortgage closings, loan documentation, title, escrow, and funding processes • Strong understanding of mortgage law, lien perfection, title defects, vesting, UCC filings, state-specific closing requirements, and regulatory compliance • Expertise reviewing and approving promissory notes, mortgages/deeds of trust, guaranties, settlement statements, payoff letters, and closing instructions • Ability to interpret title commitments, resolve title objections, coordinate with title companies and closing attorneys, and ensure first-lien perfection • Proficiency with Loan Origination Systems (e.g., Encompass), document preparation platforms, e-signature tools, and Microsoft Excel • Experience implementing legal quality controls, managing closing exceptions, minimizing post-closing defects, and ensuring investor and regulatory compliance • CV submitted in English

🏖️ Benefits

• Paid time off (PTO) • Fully remote work environment

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