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Rotational Trainee

Neat Capital Rotational Program

Want to join a Boulder-based FinTech startup? Ready to help shape the future of the home financing industry? Neat Capital is building a talented workforce that is bold and committed to cleaning up the entire mortgage process, and we are currently seeking motivated college graduates for our rotational training program.

Neat’s rotational program exposes talented new grads to different roles on our team while providing executive-level access and mentorship along the way. This competitive six-month program is designed to provide a high-impact learning experience and increase readiness for future roles within Neat Capital through challenging cross-functional positions, mentoring relationships, and strategic projects.

Upon successful completion of the program, high performing individuals can fast-track their careers and land a spot in highly coveted positions in our extraordinarily fast-growing enterprise in areas like operations (processing, underwriting and closing), marketing, sales and sales support, capital markets, and product development.

Do you have what it takes to enter our new grad rotational program?
  • Have a strong desire and motivation to develop your career
  • Demonstrate strong verbal and written communications skills
  • Be able to multitask and problem solve
  • Be willing to learn and work independently
  • Have flexibility, organization, and poise under time constraints and deadlines
  • Be able to listen effectively, ask questions for clarification and guidance
  • Have strong work ethic and personal responsibility to see things through to completion
  • Possess a commitment to customer service and professionalism both externally and internally (with other departments and/ or business partners).
  • Consider yourself fantastically computer savvy

Why Work at Neat Capital?
  • We collaborate across the entire organization, fully embrace a “confidence without arrogrance” policy, and genuinely seek to learn from each other.
  • We do the right thing: we always put the client above our own business interests, we value transparency, and we seek to have a positive impact on our community. In fact, 1% of our company equity has been donated to charity, and we are looking to build a team of folks that can help us make an impact. If you have a cause you'd like to volunteer for, even during office hours, please let us know how we can support.
  • We strive to create a diverse workspace, and we value people’s personal and professional lives. If you can contribute a different point of view, even if you are new to our industry, community, or toolkit, we'd love to hear from you. We strive to create a diverse workspace in all ways possible.
  • Many of us are outdoor enthusiasts with love for all the awesome things to do in our wonderful state. We have a powder policy and are climbers, hikers, bikers, runners, and skiers.
  • Though this will at some point become a Boulder office-based position (when the world returns from working from home), we provide flexible schedules.
  • We celebrate the addition of new family to team members’ lives, and provide generous paid leave for new parents, including secondary caregivers.
  • There are unlimited career possibilities at this extraordinarily high growth group.

Compensation for Rotational Trainees
All trainees will receive an initial $42,000 of base salary and an immediately vested 4% 401k match. After successfully completing a trainee’s initial six months in the program, a trainee will receive a retention bonus of $1,000 and access to additional performance-based incentives with targets of 20-40% of base salary (based on role being performed, per below). Neat provides generous medical benefits, excellent vacation, and various perks such as health club sponsorship and free RTD passes.

Rotational Roles
The following sample positions are intended to provide context of initial role possibilities in real estate and mortgage banking that maybe piloted during the rotational program that candidates may wish to pursue upon completion of the program. No individual will be expected to work in all roles, and Neat will customize any rotational program based on a candidate’s interests and skillset. Compensation outlined is intended to provide transparency related to opportunities upon successful completion of the training program, and all compensation amounts are based on actual realized compensation of current employees at Neat (except inside sales, which is a newly developed function).

Marketing, Sales & Customer Service: Mortgage
Loan officers are the customer voice for a home financing organization. Loan officers spend at least 60-80 percent of their time on the phone helping address client questions, working to educate clients about affordability/qualification, pricing loans, and structuring loans. Strong loan officers answer all calls, provide outstanding follow-up (and follow-through), and tend to be competitive or self-starters. This position requires phone endurance and a relentlessly positive attitude. Modern “inside” loan officers receive leads generated from a company’s marketing effort and earn between $30,000 to $40,000 in base salary and an additional $10,000-$80,000 in incentive compensation based on performance.

Marketing, Sales & Customer Service: Real Estate
Real estate agents are the heart and soul of a real estate brokerage and are excellent sources of advice during a home buying or selling journey. Agents are adept at setting expectations with clients and other real estate agents, are the voice of the consumer during negotiations, and are busiest on nights and weekends when offers need to be submitted (or responded to). Strong real estate agents answer all calls, provide outstanding follow-up (and follow-through), and tend to be client-oriented to make things right. “Inside” real estate agents receive leads generated from a company’s marketing efforts and earn between $30,000 to $40,000 in base salary and an additional $10,000-$30,000 in incentive compensation based on performance.

Operations: Processor and Loan Officer Assistant
Processors and loan officer assistants are responsible for the nuts and bolts to ensure home financing is a seamless journey. These individuals are responsible for coordinating activities of third parties to reach closing on time (including appraisers, title companies, home insurance companies, etc.), gathering requested documents from a client, organizing and reviewing information to make sure a client qualifies and the loan is “complete”, and scheduling closing. Successful individuals in these roles are incredibly detailed oriented, fast to collect, review, and manage data, are computer system savvy, and enjoy the challenge of working on 50 different things at once. These individuals have excellent customer service skills designed to execute – meaning these individuals know how to obtain what is required from clients with specific instructions and their polite sense of urgency. Base compensation for this role ranges from $40,000-$50,000 and $10,000-$25,000 of productivity incentives.

Operations: Underwriter
Underwriters review each loan against detailed investor guidelines to ensure loans meet program parameters for approval. These guidelines govern how financial information is calculated (income, assets, liabilities, etc.) and detail whether a client’s situation (and property) is a fit with a given loan program. Because these positions require detailed experienced-based knowledge of typical underwriting requirements, very few individuals begin in underwriting—the vast majority begin with processing to learn the ropes. The best underwriters work quickly through large information sets, are problem-solvers, learn how best to defend their work to assist clients, and are creative to try multiple different solutions to attack the same problem. Underwriters earn base compensation of $60,000 to $90,000 (based on experience) and incentive commissions of $10,000-$25,000.

Capital Markets/Lock Desk
The lock desk manages interest rate risk for a mortgage bank. Lock desk professionals quickly work through pricing scenarios, handle multiple systems to orchestrate locking a loan, and double check to ensure a loan is likely to qualify for a given program. A lock desk is also the entry point into the capital markets group of a mortgage bank responsible for determining internal margins, evaluating alternative loan sale strategies, and performing a ton of financial analysis. Lock desk professionals earn base compensation of $40,000 to $50,000.

Analytics, Accounting & Finance
Neat has a broad array of analytics, accounting and finance opportunities ranging from dashboard reporting to guide management with key performance indicators, accounting to book intricately detailed revenue entries, commission analysis to determine compensation for team members, and financial reporting to deliver actual and forecasted performance to venture investors. Base compensation for an entry-level finance and accounting professional is expected to be $45,000 with high growth potential.


About Neat Capital

The home loan process at large has become increasingly confusing and stressful to navigate. In other words, it’s been a real mess. When we decided to create Neat Capital, we started our mission to clean up the entire mortgage lending process. We wanted to leverage technology to analyze even the most complex financial situations. This way, we could approve and secure loans in a matter of days—instead of weeks. From there, we’d work backward to ensure each step of our lending process would be intuitive and transparent for our busy home buyers.
And we did just that. Neat re-built home financing so that even the most complex home loans could close 3x faster than the industry average. 
As a FinTech company and mortgage lender, Neat works directly with home buyers, and also develops strong partnerships with real estate brokers, wealth managers, CPAs, and corporations. This way, no matter what part of the home-buying process you’re involved in—the home buyer’s journey from point A to B becomes more reliable, organized, and effortless.