Senior Mortgage Warehouse Specialist

Western Alliance Bank•Asheville, NC

46d

About The Position

As a Senior Mortgage Warehouse Specialist you'll 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'll support Warehouse Lending Operations and ensure 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. 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. Completes funding requests on a portfolio of customers, lending against residential or commercial assets. Reviews key documents to ensure data accuracy prior to completing funding requests. Initiate and generate outgoing money transfers and ensure that all transactions are properly authorized. Averages 8-12 customers assigned. Customers 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. Performs other duties and participates 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

Responsibilities

providing and supporting mortgage banking
certifying the quality of collateral funding packages
effectively monitor customer collateral
Actively participates in assuring quality control in regards to audits and certifications
Completes funding requests on a portfolio of customers, lending against residential or commercial assets
Reviews key documents to ensure data accuracy prior to completing funding requests
Initiate and generate outgoing money transfers and ensure that all transactions are properly authorized
Completes intermediate day-to day loan servicing requests
Performs other duties and participates in special projects as assigned by management