Head of Operations Paramount Financial Services - 3.5 Newport Beach, CA Job Details Full-time $95,000 - $125,000 a year 1 hour ago Benefits Health insurance Dental insurance Vision insurance Qualifications Team development Hiring Process management Delegation Senior leadership Full Job Description Job Summary The Head of Operations will have ownership over the full transaction lifecycle from credit approval through funded deal and portfolio management. You will have two direct reports from day one: the VP of Credit and the Funding Manager. The credit team reviews and submits deals to lender partners. The funding team takes approved deals through documentation, stipulation clearing, UCC filing, vendor verification, and wire disbursement. You are accountable for both functions running smoothly, and for making sure they work together instead of against each other. This is blended role of strategy and details. You will be in the details via reviewing the funding pipeline daily, resolving escalated stips and documentation exceptions, building workflows that reduce rework, and making hiring and process decisions that compound over time. You will also be a key voice at the leadership table as we evaluate new broker programs, asset classes, and technology investments. Duties Partner with the VP of Credit to ensure the credit team is staffed, trained, and hitting turnaround targets without sacrificing decision quality Own the submission and credit approval capacity model: as origination volume grows, you are responsible for making sure underwriting headcount, delegated authority levels, and workflow design keep pace Review and sign off on credit policy and underwriting guideline updates; ensure that changes are clearly communicated to the funding and sales teams Step in as an escalation point on complex or sensitive credit decisions where a second senior perspective is needed; this is not a day-to-day decisioning role but you need to understand credit well enough to be a credible voice Funding Team Ownership Own the post-approval deal process end to end: documentation generation, stip and condition clearing, vendor invoice verification, certificate of insurance review, UCC-1 filing and lien perfection, booking into the LOS, and vendor wire disbursement Manage and develop the Funding Manager and the funding team; establish clear SLAs for each stage of the funding process and hold the team accountable to them Reduce the time between credit approval and funded deal by identifying and eliminating friction potions that extend funding timelines Ensure every funded transaction is correctly booked into the loan origination and servicing system: asset description, obligor details, payment stream, rate, residual, and any associated fees or insurance Oversee UCC-1 preparation and filing for all transactions; maintain a clean lien log; track continuation deadlines and ensure filings are renewed before expiration; manage subordination agreements and lien conflict resolution when prior UCC filings surface on search Join us as our Head of Operations to lead transformative initiatives that propel our organization forward! Your expertise will be instrumental in shaping our future success while empowering teams to achieve their highest potential through innovative strategies and effective leadership. You will be joining at the perfect inflection point: early enough to shape how the company is built, late enough that there is real revenue, a real team, and a real platform to work with

Pay:

$95,000.00 - $125,000.00 per year

Benefits:

Dental insurance Health insurance Vision insurance

Work Location:

In person