Senior Mortgage Warehouse Specialist

Western Alliance Bank•Biltmore, TN

1d•Onsite

About The Position

As a Senior Mortgage Warehouse Specialist, you will be responsible for providing and supporting 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. You will support Warehouse Lending Operations and ensure the loan operation activities run smoothly and efficiently; including certifying the quality of collateral funding packages and effectively monitoring customer collateral while providing a high level of customer service to internal and external customers. You will exhibit superior customer service and appropriate follow-up with customers and employees alike to create a successful operation of the Warehouse Lending group. You will actively participate in assuring quality control in regards to audits and certifications. You will complete funding requests on a portfolio of customers, lending against residential or commercial assets. You will review key documents to ensure data accuracy prior to completing funding requests. You will initiate and generate outgoing money transfers and ensure that all transactions are properly authorized. You will average 8-12 customers assigned. Customers will range from low to medium maintenance assigned originators & medium to high maintenance assigned originators. You will complete intermediate day-to-day loan servicing requests. You will demonstrate an understanding of the payoff and collateral process. You will perform other duties and participate in special projects as assigned by management.

Requirements

3+ years of related experience in Loan Administration or similar field.
High school diploma required.
Intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
Intermediate speaking and writing communication skills.

Nice To Haves

Bolster business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving invaluable hands-on experience to help grow your career!

Responsibilities

Providing and supporting 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.
Supporting Warehouse Lending Operations and ensuring loan operation activities run smoothly and efficiently.
Certifying the quality of collateral funding packages.
Effectively monitoring customer collateral while providing a high level of customer service to internal and external customers.
Exhibiting superior customer service and appropriate follow-up with customers and employees alike to create a successful operation of the Warehouse Lending group.
Actively participating in assuring quality control in regards to audits and certifications.
Completing funding requests on a portfolio of customers, lending against residential or commercial assets.
Reviewing key documents to ensure data accuracy prior to completing funding requests.
Initiating and generating outgoing money transfers and ensuring that all transactions are properly authorized.
Completing intermediate day-to-day loan servicing requests.
Demonstrating understanding of the payoff and collateral process.
Performing other duties and participating in special projects as assigned by management.