Closing Specialist
Breakout Finance · Charleston, South Carolina, United States
FULL TIMEpermanent
Job Description
Breakout Finance is transforming the financial landscape by providing a wide range of affordable, transparent working capital solutions for small businesses across the country. We are committed to one goal: helping small businesses seize their potential and become a breakout success (and have fun while doing it!) We’re constantly working for small business owners, leveraging our innovative solutions and partnerships with industry leaders to help our customers achieve unparalleled growth. Our products include business loans and factoring solutions to help position businesses for success. Join our growing team and become a champion for small businesses!
Is your CV ready If so, and you are confident this is the role for you, make sure to apply asap.
Your role as a Closing Specialist:Review and identify any unusual or suspicious activity to determine any potential risks.Review closing documentation to analyze files and ensure they are complete and in full compliance with Breakout policiesReview and verify all required loan documentation, including Business Loan & Security Agreements (BLSA), identification documents, voided checks, tax returns, financial statements, and payoff lettersConduct comprehensive UCC searches and clear outstanding liens within company guidelinesGenerate and manage contracts in Salesforce for term loans, bridge loans, and other products, including contract status tracking, corrections, amendments, and additional appendicesManage finalization, completion, and execution of closing documentation.Collaborate with Underwriting and Sales teams to ensure files are processed accurately and efficiently.Prepare and complete funding checklists to ensure all required information is gathered and questions answered.Communicate with internal and external parties involved in the funding process with regard to file status for any additional questions or documentation needed.Conduct funding calls, merchant interviews, and bank verifications.Coordinate funding package preparation and ensure the timely delivery of funds with the accounting teamMaintain proficiency in Salesforce CRM, Asana project management, DocuSign, and other software platforms.File UCC financing statements (UCC-1s and UCC-3s) perfecting Breakout Capital’s security interest over the borrower’s pledged assets, amending UCC filings, and terminating UCC filings.
Qualifications:Verifiable experience excelling in a fast-paced environment.Strong analytical skills; logically and operationally minded with attention to risk management.Ability to balance a variety of tasks simultaneously while staying extremely organized and detail-oriented.Enthusiastic, team-focused personality.Ability to operate with a sense of urgency.Desire to learn, grow, and be coached.Computer proficiency and experience with CRMs, G-Suite & MS Office systems (including Excel).Exposure to or knowledge of various regulatory agencies preferred.Problem-solving abilities and sound judgment in handling complex situationsExcellent written and verbal communication skills
Preferred QualificationsBachelor's degree in Finance, Business, or related fieldExperience with alternative lending products (MCAs, business term loans, lines of credit)Previous work experience in a loan processing role is a plus. xzbcwsv Knowledge of commercial lending regulations and compliance requirementsPrevious experience with Breakout's technology stack (Salesforce, Slack)
What we offer:An enjoyable culture that encourages collaboration and rewards you for strong performanceQuarterly cash bonuses at the Company’s discretion based on Company and individual performanceMedical, vision, and dental insuranceFlexible Spending Account, Dependent Care Flexible Spending AccountShort Term Disability, Long Term Disability, Life & Accidental Death & Dismemberment401K Plan, with up to 4% employer matching contributionsPaid, flexible vacations and holidaysDay off on your birthdayFree parkingCasual work environment with no formal dress code
Job Type: Full-time; in-office during the introductory period, with potential for a hybrid schedule thereafter.Compensation: $60,000-85,000
Is your CV ready If so, and you are confident this is the role for you, make sure to apply asap.
Your role as a Closing Specialist:Review and identify any unusual or suspicious activity to determine any potential risks.Review closing documentation to analyze files and ensure they are complete and in full compliance with Breakout policiesReview and verify all required loan documentation, including Business Loan & Security Agreements (BLSA), identification documents, voided checks, tax returns, financial statements, and payoff lettersConduct comprehensive UCC searches and clear outstanding liens within company guidelinesGenerate and manage contracts in Salesforce for term loans, bridge loans, and other products, including contract status tracking, corrections, amendments, and additional appendicesManage finalization, completion, and execution of closing documentation.Collaborate with Underwriting and Sales teams to ensure files are processed accurately and efficiently.Prepare and complete funding checklists to ensure all required information is gathered and questions answered.Communicate with internal and external parties involved in the funding process with regard to file status for any additional questions or documentation needed.Conduct funding calls, merchant interviews, and bank verifications.Coordinate funding package preparation and ensure the timely delivery of funds with the accounting teamMaintain proficiency in Salesforce CRM, Asana project management, DocuSign, and other software platforms.File UCC financing statements (UCC-1s and UCC-3s) perfecting Breakout Capital’s security interest over the borrower’s pledged assets, amending UCC filings, and terminating UCC filings.
Qualifications:Verifiable experience excelling in a fast-paced environment.Strong analytical skills; logically and operationally minded with attention to risk management.Ability to balance a variety of tasks simultaneously while staying extremely organized and detail-oriented.Enthusiastic, team-focused personality.Ability to operate with a sense of urgency.Desire to learn, grow, and be coached.Computer proficiency and experience with CRMs, G-Suite & MS Office systems (including Excel).Exposure to or knowledge of various regulatory agencies preferred.Problem-solving abilities and sound judgment in handling complex situationsExcellent written and verbal communication skills
Preferred QualificationsBachelor's degree in Finance, Business, or related fieldExperience with alternative lending products (MCAs, business term loans, lines of credit)Previous work experience in a loan processing role is a plus. xzbcwsv Knowledge of commercial lending regulations and compliance requirementsPrevious experience with Breakout's technology stack (Salesforce, Slack)
What we offer:An enjoyable culture that encourages collaboration and rewards you for strong performanceQuarterly cash bonuses at the Company’s discretion based on Company and individual performanceMedical, vision, and dental insuranceFlexible Spending Account, Dependent Care Flexible Spending AccountShort Term Disability, Long Term Disability, Life & Accidental Death & Dismemberment401K Plan, with up to 4% employer matching contributionsPaid, flexible vacations and holidaysDay off on your birthdayFree parkingCasual work environment with no formal dress code
Job Type: Full-time; in-office during the introductory period, with potential for a hybrid schedule thereafter.Compensation: $60,000-85,000
Details
| Company | Breakout Finance |
| Location | Charleston, South Carolina, United States |
| Type | FULL TIME |
| Niche | finance |
| Experience | permanent |