Mortgage Warehouse Collateral Analyst

Origin Bank; Frisco (TX); On-site; USD 55,000 - 75,000; Full time

Job summary

Origin Bank in Frisco, TX seeks a Warehouse Lending professional to handle collateral processing, document prep, and investor settlements. You will manage daily collateral, perform inventories, and coordinate wire transfers with investors and closing agents.

The role requires experience in mortgage banking, strong attention to detail, and the ability to work across teams in a fast-paced banking environment. This position offers growth within a people-first culture.

Qualifications

• Two years related experience in mortgage banking or warehouse lending.
• Ability to read and understand mortgage documents (Form 1003, HUD-1) and related deeds.
• Familiarity with BSA/AML/OFAC/CIP policies and procedures.
• Strong attention to detail and ability to maintain confidentiality.
• Comfort with data entry and processing of wire transfers and investor documentation.

Responsibilities

• Process daily incoming collateral and log Notes in WLS.
• Audit mortgage Note inventory and update records in WLS.
• Prepare Notes and Bailee letters for shipment to investors.
• Process receipt and settlement of wires from investors and closing agents.
• Review investor financials and approve disbursement loans as needed.
• Update GMFS balances and assist with Libor updates.
• Cross-train in related Warehouse Lending tasks as needed.

Skills

Mortgage banking

Warehouse lending

Note processing

BSA/AML knowledge

Compliance

Tools

WLS system

CNB transfers

Job description

Your Career. Your Story. Let's Write the Next Chapter Together.At Origin Bank, a job isn't just a paycheck - it's a meaningful journey. We're committed to helping you grow both professionally and personally in an environment where people come first. We offer a competitive total rewards package, including generous benefits and compensation tailored to your skills, experience, and education.What truly sets us apart is our people-first culture. Here, you'll be supported by unique initiatives like our Dream Manager program, one-on-one guidance from a nationally certified health and wellness coach, and free access to certified financial professionals who are here to help you plan for your future.If you're looking for a career that empowers you to make meaningful connections, positively impact others, and pursue your personal and professional dreams-we'd love to meet you. Apply today and start the most rewarding chapter of your career with us.Job DescriptionReceives, reviews, logs and properly stores all original collateral received from Clients and closing agents; prepares original Notes and Bailee letters for shipment to takeout investors; processes receipt and settlement of incoming investor wires.Essential Duties and Responsibilities include the following.Processes daily incoming collateral; opens mail received from clients and closing agents; reviews original Notes against funded loans in WLS; logs Notes in WLSManages collateral inventory; performs weekly audits of all mortgage Notes in the Bank’s possession to ensure an accurate inventory.Monitors aged outstanding collateral (“Wet Note”) reports; follows up with clients and updates status in WLS.Prepares original Notes and Bailee letters for timely shipment to takeout investors; properly endorses, stacks, scans and packages Notes by client and investor prior to shipment.Processes receipt and settlement of incoming wires from investors and return wires from closing agents; allocates funds to loans in accordance with purchase advices.Gathers required documentation to obtain investor approvals on behalf of Clients; sets up new investors in WLS; links approved investors to client accounts as requested.Approves loans for disbursement.Prepares agency pool documents for execution and delivery.Reviews Jumbo loans up to $1MM for funding approval.Adds/updates WLS User information for clients; Resets passwords per client request.Researches and resolves GL outages reported by Accounting.Responds timely to client emails concerning information requests, quality control documentation, return wires, funding cancellations, updates, wire confirmations, etc.Trains new Warehouse Lending employees and Clients as needed.Processes daily IBS transfers for all client residuals, or QC’s team member’s transactionsProcesses daily CNB participation transfers, or QC’s team member’s transactionsUpdates GMFS daily balances spreadsheet, used to calculate utilizationReviews new investor financials and product matrixes for approvalProcesses monthly Libor updates in WLSCross trains in any area where Warehouse Lending VP sees the opportunity for continued training or support.Attends industry events; representing Origin Bank Warehouse Lending Department in a professional manner.Supervisory ResponsibilitiesThis job has no supervisory responsibilities.QualificationsTo perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Education and/or ExperienceMinimum two years related experience and/or training in mortgage banking with warehouse lending, and mortgage shipping; or equivalent combination of education and experience.Compliance RequirementsResponsible for compliance under the requirements of the BSA, AML, OFAC and CIP related policies as well as adherence to the bank's procedures to fulfill the requirements of the regulations. Must report any unusual or suspicious activity involving customers or fellow employees to the BSA Department.Other Skills and AbilitiesMust be able to read and understand mortgage documents such as Form 1003, HUD 1 settlement statement, property appraisals, locks and purchase commitments, property deeds and mortgage notes.Physical DemandsThe physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms and talk or hear. The employee is frequently required to stand and walk. The employee is occasionally required to climb or balance and stoop, kneel, crouch, or crawl. The employee must regularly lift and /or move up to 10 pounds, frequently lift and/or move up to 25 pounds and occasionally lift and/or move up to 50 pounds. Specific vision abilities required by this job include close vision, color vision and ability to adjust focus.Work EnvironmentThe work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.This position operates in a professional banking environment and routinely uses standard office equipment and digital tools such as secure financial systems, computers, phones, photocopiers, and scanners. The role requires maintaining a high level of professionalism, confidentiality, and attention to detail in all interactions.Work is typically performed in a corporate office setting with a moderate noise level and a dynamic, collaborative, and inclusive workplace where innovation thrives. Expect a fast-paced, supportive atmosphere where your ideas are heard, and your contributions make an impact. This role may occasionally require travel.This job description reflects management's assignment of essential functions. It does not prescribe or restrict the tasks that may be assigned. Community Trust Bank shall, in its discretion, modify or adjust the position to meet the Bank’s changing needs. This job description is not a contract and may be adjusted as deemed appropriate in the Bank’s sole discretion.Our Hiring ProcessThe following pre-employment screenings will be completed after a conditional offer of employment has been accepted:Criminal Background checkCredit checkFingerprint checkDrug ScreenOFAC checkReference checkEmployment verificationEducation verificationEqual Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, pregnancy, genetic information, disability, status as a protected veteran, or any other protected category under applicable federal, state, and local laws. Know Your Rights