Mortgage Warehouse Collateral Specialist

originbank; San Francisco (CA); Presencial; USD 60.000 - 90.000; Jornada completa

Descripción de la vacante

Origin Bank in San Francisco, CA seeks a detail-oriented Warehouse Lending professional to handle collateral processing, notes preparation, and investor wire settlements. You will manage collateral inventories, logs, and documentation to ensure accurate fundings and timely shipments.

The role requires experience in mortgage banking with warehouse lending, compliance with BSA/AML/CIP, and the ability to train colleagues while supporting control processes.

Formación

• Minimum two years related experience and/or training in mortgage banking with warehouse lending, and mortgage shipping; or equivalent combination of education and experience.

Responsabilidades

• Receives, 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.
• Manages 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 transactions
• Processes daily CNB participation transfers, or QC’s team member’s transactions
• Updates GMFS daily balances spreadsheet, used to calculate utilization
• Reviews new investor financials and product matrixes for approval
• Processes monthly Libor updates in WLS
• Cross 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.

Descripción del empleo

Origin Bank in San Francisco, CA seeks a detail-oriented Warehouse Lending professional to handle collateral processing, notes preparation, and investor wire settlements. You will manage collateral inventories, logs, and documentation to ensure accurate fundings and timely shipments.

The role requires experience in mortgage banking with warehouse lending, compliance with BSA/AML/CIP, and the ability to train colleagues while supporting control processes.