Duties include tracking of good faith deposits, ordering/review of various due diligence reports, coordinating insurance reviews/approvals, running background checks to achieve internal KYC/AML compliance, setup of any required bank accounts, review various legal documents, coordinate the settlement statement with title companies, obtain any approvals needed for closing/funding, and accurately on board the loans. This includes monthly payment process, coordination of third-party servicers, management of monthly cash management waterfalls, custodial management of the original loan file, monitoring the reporting requirements of the loan agreement and guarantors, monthly fundings of loan proceeds/reserves, pay downs and payoffs.