Mortgage Warehouse Specialist

Company: Disability Solutions
Location: Phoenix
Posted on: May 6, 2024

Job Description:

Job Title:Mortgage Warehouse SpecialistLocation:BiltmoreWhat you'll do:Our Warehouse Lending teams provide and support mortgage banking to companies with short-term, secured revolving credit that enables mortgage bankers to fund and inventory residential mortgage loans until they can be purchased by permanent investors. As a Warehouse Lending Specialist in the Funding group you are responsible for supporting Warehouse Lending Operations and ensuring the loan operation activities run smoothly and efficiently; including certifying the quality of collateral funding packages and effectively monitor customer collateral while providing high level of customer service to internal and external customers.What we are looking for: --- Exhibits superior customer service and appropriate follow-up with customers and employees alike to create a successful operation of the Warehouse Lending group.--- Actively participates in assuring quality control in regards to audits and certifications.--- Consistently applies superior decision making techniques pertaining to inquiries, approvals, and requests funding as they apply to existing policies and procedures, keeping within assigned approval limits.--- Assists Loan Officers and other Bank personnel as needed; and resolve inquiries or issues relating to Warehouse Lending loan operations.--- Acts as the primary contact for Mortgage Warehouse customers in processing their loan funding requests, and reviewing and finding package requests so the bank can efficiently advance against the customer's Warehouse revolving line of credit. --- Initiate and generate outgoing money transfers and ensure that all transactions are properly authorized.--- Averages 8-12 customers, or more depending on seniority. Customer will range from low to medium maintenance assigned originators & medium to high maintenance assigned originators. Completes intermediate day-to day loan servicing requests. Demonstrated understanding of the payoff and collateral process. Has crossed trained on payoffs and collateral processes to fully understand the Warehouse Lending portfolio.What you need to have:--- Warehouse Lending Specialist requires a high school diploma or general education degree (GED) and 1-2 years of experience in the banking or financial industry required including loan processing, closing or a similar function; Warehouse Lending experience is a plus.--- Basic knowledge of related state and federal banking compliance regulations, and other Bank operational policies.--- Strong organizational and time management skills. Effective oral, written and interpersonal communication skills.--- Basic skills and knowledge of computer terminal operations; including Microsoft Excel and Word.Benefits you'll love:We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!About the company:Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is a Western Alliance Bank company.Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.-- Western Alliance Bancorporation

Keywords: Disability Solutions, Sun City West , Mortgage Warehouse Specialist, Professions , Phoenix, Arizona