Closing Manager - Remote, In Office at Longbridge Financial

Paramus, New Jersey, United States -

Full Time

Start Date

Immediate

Expiry Date

22 Jun, 26

Salary

140000.0

Posted On

24 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Staff Management, Hiring, Training, Pipeline Management, Closing Documents Preparation, Document Review, Customer Service, Root Cause Analysis, Compliance, Stakeholder Communication, Workflow Enhancement, Auditing, Mentoring, Performance Review, Leadership, Problem Solving

Industry

Financial Services

Description

Company Description At Longbridge, we love seniors and we’re passionate about helping them unlock the power of one of their greatest assets—their home equity. As a leading provider of home equity solutions for seniors, we’re committed to helping older homeowners make the most of what they’ve worked hard to build, so they can live the retirement they imagined. And we don’t just do it well, we do it really well. With an “Excellent” rating on Trustpilot and over a thousand customer testimonials, we’ve earned a reputation for making it easy and stress-free to access home equity—with guidance every step of the way. But it’s not just our customers who love us—our team does, too! We’ve been named a Great Place to Work® three years in a row because we believe that when people enjoy what they do and where they do it, everyone wins. Why Longbridge? At Longbridge, we don’t just offer jobs, we offer careers that grow with you. Here’s why you’ll love being part of our team: Grow With Us – We’re big believers in investing in our people. From top-notch training to clear career paths, we support your professional growth every step of the way. Plus, we love promoting from within—because when you succeed, we all do. A Culture That Clicks – We work hard, but we have fun doing it! Whether it’s team-building events, friendly competitions, or just an atmosphere of open communication and collaboration, we make sure work feels less like “just work.” Benefits That Have Your Back – We’ve got you covered with best-in-class health plans (medical, dental, vision, HSA, and FSA), generous PTO, paid holidays, company-paid life insurance, and a competitive 401(k) match. Because taking care of our team is just as important as taking care of our customers. If you’re looking for a place where your work truly makes a difference, we’d love to have you on board. Apply today and let’s do great things together! Job Description The Closing Manager will report to the Director of Closing, Funding and Post Closing. This position is primarily responsible for all closing activities by leading and supporting a team of closers for our growing retail and wholesale business channels. This critical role is instrumental to the operations organization and will be an integral part of the operations management team. Manage a team of closers whose tasks include preparing closing documents, reviewing closing documents, & providing superior customer service for both retail customers & wholesale partners. This position will require travel. Essential Functions/Specific Duties: Staff Management includes Hiring, Training and Managing teams consisting of 10-20 mortgage closers Daily/Weekly pipeline management to ensure SLAs are met each day, loans are closed and funded on time, HUDs are balanced and within compliance Ensure team is preparing closing documents as needed, sending closing documents to appropriate title companies/notaries, partners etc. and ensuring documents meet Investor/Warehouse Bank, FHA, and regulatory requirements Ability to perform root cause analysis on why loan was closed in error and provide solutions and feedback to Management Communicate and interact with other department managers, as well as the recruiting department to ensure that staffing needs are in line with capacity plan and profit/loss, and quality of work expectations are met Work with training, and other department heads to develop training tools for all team members Notify and work together with underwriting, managers and other department team members of any issues or delays with closing Communicate effectively with loan officers, account executives, sales support, and wholesale partners to ensure a smooth closing process Monitor and send daily & weekly production reports with quality and current production challenges to management Develop strategies to improve process and enhance workflow Hold weekly department meetings Establish and maintain a thorough knowledge of all products and investor requirements to ensure quality closing packages, salability to the Investor and FHA insuring Onboarding calls with Wholesale partners Complete internal and external audits of HECM and Proprietary programs Review and edit work instructions as needed as well as update daily checklists One-on-One mentoring, weekly, monthly, and or as needed, for team members who are not meeting the production and/or quality expectations and develop action plans to address Motivate and lead team to success using daily recognition, team building activities and positive reinforcement Travel, Prepare & Present department material to Offsite/Ons-site meetings and Industry Conferences multiple times a year. Complete and Administer Employee Annual Performance Review Qualifications Qualifications/Job Requirements: Strong knowledge of all closing regulations including but not limited to RESPA/TILA, Reg B, etc. Effectively work under time constraints with multiple competing priorities Ability to multi-task in fast paced environment Excellent leadership and communication skills Excellent follow up, problem solving and analytical skills Ability to proficiently use Microsoft Office software, including Outlook, Word, and Excel Must be responsible, detail oriented, and maintain reliable follow through May require long hours/overtime at certain times of the month Closing experience within the past 3 years 5+ years management experience a plus Bachelor’s degree required or equivalent combination of management and closing experience Multi-tasking and prioritization skills necessary Excellent customer service, time management, communications; oral and written skills a must Additional Information Working in a growing and dynamic industry Full benefits: Medical, Dental, Vision, FSA/HSA, and wide array of voluntary products and discounts 401(k) with company match Paid time off This is an Exempt role Target base salary range is 130-140K which is based on various factors including skills and work experience. In addition to base salary, this role is eligible for a competitive additional compensation program via annual bonus that is based on individual performance. LBF is an EEO/AA/Vet/Disabled Employer Please note that salaries that are estimated on various job sites may not reflect the actual compensation. Job sites, set the estimated salary, not Longbridge Financial. Important Note: When you click on a video, certain personal information may be sent to the video provider (such as YouTube, Vimeo, etc.). To learn more about our privacy practices, please review our company Privacy Notice.

Responsibilities

The Closing Manager will lead and support a team of closers for retail and wholesale channels, being responsible for all closing activities and ensuring daily/weekly pipeline management to meet SLAs. This role involves managing staff, ensuring compliance in document preparation, and interacting with various departments to maintain operational flow.