Manager, Mortgage Operations - Warehouse Lending

Manager, Mortgage Operations - Warehouse Lending Job Description

Plains Capital Bank is seeking to hire a Manager, Mortgage Operations - Warehouse Lending.

The Manager, Mortgage Operations - Warehouse Lending in our National Warehouse Lending division is responsible for effectively managing the day-to-day operations of the division and a large staff of individuals, each with multiple responsibilities. This Manager, Mortgage Operations - Warehouse Lending will ensure efficient daily operation of the division while effectively communicating with the department, leadership, and external customers.

• Manages the day to day operations of the National Warehouse Lending funding, auditing, wire confirmations, shipping, and accounting.
• Directs the assignment of duties and responsibilities to ensure productivity is achieved.
• Recommends and implements operational services, processes, policies and procedures.
• Identifies and recommends processes to minimize risk exposure.
• Oversees and makes recommendations of new credit and credit line increases.
• Assists in developing and implementing enhancements to improve effectiveness and efficiency of services and systems.
• Develops and maintains strong relationships with customers and relationship managers.
• Evaluates clients on a monthly basis and provides recommendations on their performance (aging, exceptions, investors and loan purchase).
• Creates and monitors various production and risk management reports.
• Performs daily reconciliations and cash management of warehouse lines.
• Ensures department is SOX compliance and provides SOX narrative updates.
• Oversees with the process of hiring, completing performance evaluations and termination of staff if necessary.
• Coordinates cross training of staff to ensure completion of tasks.
• Effectively manages all third party technology and quality control vendors.
• Other duties as assigned

• Must be eligible to work in the U.S. without sponsorship now or in the future.
• Must be able to report to our Republic Center office located at 325 N. St. Paul Street, Dallas, TX 75201, without the need for relocation assistance.
• High School diploma, general education degree (GED), or equivalent required. Bachelor’s Degree in Business or related field preferred.
• 5-7 years of experience in the residential mortgage field with at least one year in an office and customer service environment required.
• 1-3 years of previous management experience required.
• Strong knowledge and understanding of residential mortgage lending, processing, funding and loan documents.
• Strong understanding of FHA, VA, and conventional residential mortgage lending as well as automated underwriting systems such as Desktop Underwriting and Loan Prospect.
• Professional demeanor and the ability to thrive in a fast paced environment.
• Must have the ability to maintain strict confidentiality and exercise solid judgment to complete assigned tasks.
• Strong time management, organizational and problem-solving skills with the ability to multi-task and work in a deadline-driven environment.
• Must be detail oriented and exhibit the ability to read, input and translate data with extreme accuracy.
• Strong PC skills including word processing and spreadsheets via Microsoft Office products as well as custom applications and systems.
• Strong verbal, written and interpersonal communication skills

The above statements are intended to describe the general nature and level of work being performed by individuals in, or assigned to, the above position and are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required, and may be changed at the discretion of the Company.

Plains Capital Bank was founded in 1988 by a group of young bankers who dreamed of bringing relationship banking to their hometown of Lubbock, Texas. With the acquisition of Plains National Bank, a Lubbock financial institution with one branch and approximately $198.8 million in assets, they began growing the bank one relationship at a time.

Over 30 years later, Plains Capital Bank has held fast to its tried-and-true relationship-based culture and its commitment to financial strength and stability. Plains Capital Bank ranks sixth among the largest banks headquartered in Texas by deposits and has a statewide presence with approximately 55 locations in markets such as Austin, the Coastal Bend, Dallas, Fort Worth, Houston, Lubbock, the Rio Grande Valley, and San Antonio.

Backed by decades of experience, our knowledgeable bankers are renowned for their straightforward approach and for taking exceptional care of their clients. They bring both financial and industry expertise along with vast local market knowledge to each client relationship.

Plains Capital Bank conducts both commercial and consumer banking, providing a full suite of commercial banking products and services to fit any business model and convenient services, personal attention, and account features to help simplify managing personal finances.

Plains…