Warehouse Collateral Specialist

Frisco, TX 6175 Main St Frisco, TX 75034, USA

Position Summary: This position is responsible for processing and preparing to ship collateral for the Mortgage Warehouse department.

• Receive, log, and retain possession of the original mortgage note during warehouse period.
• Process received collateral in preparation to ship.
• Ensure accuracy of received collateral.
• Ship collateral files to end investor daily.
• Confirm receipt of required collateral and track all outstanding files.
• Review loan documentation for accuracy and completeness.
• Identifying and resolving issues, discrepancies, and validations.
• Daily client correspondence and customer service.
• Internal quality control and auditing of warehouse lending loans.
• Assist customers on how to use the warehouse lending systems.
• Regular, reliable, and predictable attendance.

• Participate in department projects as assigned.
• Day to day customer service.
• Maintain compliance with and adhere to all state and federal regulations and bank policies and procedures, including, but not limited to Bank Secrecy Act, FACT ACT, Community Reinvestment Act, and EEO/AA/Fair Employment Practices.
• All other duties as assigned.

• Bachelor’s degree in business or related field (preferred)
• 3 years’ experience in mortgage banking or mortgage warehouse lending operations (preferred)

• Knowledge of mortgage banking or mortgage warehouse lending operations
• In-depth knowledge of closing procedures, loan processes, documentation and current regulatory requirements affecting mortgage loans
• Ability to communicate with internal and external customers and problem solve
• Strong analytical ability
• Professional and effective verbal and written communications
• In-depth knowledge of closing procedures, loan processes, documentation and current regulatory requirements affecting mortgage loans
• High degree of detail orientation
• Strong organizational skills
• Ability to work independently with minimal supervision
• Proficient with MS Office

In terms of an 8-hour workday, “occasional” equals 1% to 33%, “frequent” equals 34% to 66%, and “continuous” equals 67% to 100%. However, some duties are performed monthly, annually, or sporadically throughout the year and are essential functions. Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions of the position.

• Continuous remaining in a stationary position, particularly, but not limited to, at a desktop computer
• Continuous repetitive use of hands/arms; particularly concerning to typing, writing, phone & computer use
• Continuous communication: verbal and written, in-person, phone and electronic

Office setting with remote flexibility

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights notice from the Department of Labor.