Trust Operations Team Supervisor jobs in Costa Mesa, CA

Business Purpose Lending (BPL) – Operations Intern

Applicants must be available for a full-time 10-week paid internship program June 3 – August 9, 2024.

CoreVest, a division of Redwood Trust, Inc., is the leading private lender to residential real estate investors nationwide. The Business Purpose Lending (BPL) Operations intern will play a crucial role in supporting various teams within the Business Purpose Lending division. This internship offers a unique opportunity to gain hands-on experience in multiple aspects of real estate lending operations, including underwriting, loan management, asset management, and bridge lending. Under the direct supervision of the SVP of Term Lending, you will assist with administrative tasks, project coordination, and data analysis across different teams. For more information, visit www.corevestfinance.com.

Essential Functions and Responsibilities: Include the following but not limited to, other duties may be assigned.

• Assist in underwriting and closing efforts for commercial debt financing transactions backed by single-family rentals and multi-family rental portfolios.

• Support loan operations staff in processing loan applications, coordinating with borrowers, and managing loan documentation.

• Collaborate with bridge lending team on various projects related to short-term financing, acquisitions, and fix/flip projects.

• Conduct cash flow analysis, underwriting, due diligence, valuation reviews and credit analysis.

• Conduct data analysis, financial modeling, and report preparation to support decision-making processes.

• Communicate effectively with internal teams, borrowers, lenders, third-party vendors, and other stakeholders.

• Maintain accurate records, update databases, and ensure compliance with internal policies and procedures.

Minimum Requirements: The responsibilities listed below are required. Accommodations may be made to enable the individual with disabilities to ensure the individual can perform the essential functions and responsibilities.

• Enrolled in an accredited university, pursuing a bachelor’s degree in business, Finance, Real Estate, or related field.

• Strong analytical skills with experience in financial modeling and data analysis.

• Previous experience or coursework in commercial lending, real estate finance, or related fields preferred.

• Excellent written and verbal communication skills, with the ability to interact professionally with internal and external stakeholders.

• Proficiency in Microsoft Word, PowerPoint, and Excel.

• Detail-oriented with strong organizational and multitasking abilities.

Working Conditions:

• Typical office environment with no unusual exposures

• Uses office equipment, shipping and document management