Originations Intern

RCN Capital, LLC is a national, direct, private lender providing real estate investors with financing for the purchase or refinance of non-owner-occupied single-family & multi-family properties. Our LA Office is looking for an Originations Intern to join us this summer for a great opportunity to learn about the Commercial Real Estate industry! The Originations Intern will be trained in loan processing systems and processes to assist a team of Loan Officers in origination and loan processing. In addition, the Intern will be assigned to work on various projects associated with originations and process improvement.

The Intern can also assist the Managing Director of Growth & Strategy with a number of projects including:

• Competitor research (new loan products, pricing and loan terms, senior management changes)
• Assist in identifying new CL and broker candidates
• Research the residential mortgage industry (finding candidates for RCN to partner with
• Research reasons why loans aren't converting

Primary Goals and Responsibilities:

The Originations Intern will provide administrative support to the originations team with the goal of shepherding loans to closing and onboarding new partners.

This is a great opportunity to get hands-on experience with a cross-functional team in a fast-paced setting!

In this internship, you'll learn the operations of a Loan Officer, which includes:

• Performing data analysis to develop targeted call lists of potential business leads
• Learning the loan process and assisting the onboarding of clients and loans into the loan system and Salesforce
• Following up with leads to get needed information necessary to provide a quote
• Performing data entry tasks to ensure that all leads and progress on pre-qualification is documented in the system

Working on additional tasks and projects as assigned, which may include

• Assisting with projects associated with new revenue stream development
• Social media posting - including idea generation and video editing

Skills and Requirements:

• Strong computer literacy, including MS Excel and other MS Office applications
• Strong verbal and written skills
• Ability to work well in a team setting
• Knowledge of Power BI, Salesforce experience preferred
• Coding ability preferred
• Project management experience preferred
• Experience in a client facing role (sales, client services, etc.) preferred

Education:

• Enrollment in a 4-year college program ideally studying Business, Economics, Finance, English or a related field

Schedule/Work Hours:

• Full time work, 40 hours/week, for duration of internship
• 8AM-5PM
• Onsite in our Culver City office