Mortgage Warehouse Collateral Analyst

Location: On-site in Frisco, Texas 75034, United States

Company

Origin Bank provides banking and warehouse lending services in a professional, collaborative office environment.

What you will do

• Receive, review, log, audit, store, and manage original mortgage collateral and Notes in WLS.
• Prepare, endorse, scan, package, and ship original Notes and Bailee letters to takeout investors.
• Process incoming investor wires, return wires, IBS transfers, CNB participation transfers, and loan fund allocations.
• Gather documentation for investor approvals, set up investors in WLS, prepare agency pool documents, and approve loans for disbursement.
• Review Jumbo loans up to $1MM, monitor Wet Note reports, resolve GL outages, and maintain client and investor records.
• Respond to client information requests, train employees and clients, cross-train across Warehouse Lending, and represent the department at industry events.

Requirements

• At least two years of related experience and/or training in mortgage banking with warehouse lending and mortgage shipping, or an equivalent combination of education and experience.
• Ability to read and understand mortgage documents, including Form 1003, HUD 1 settlement statements, property appraisals, locks, purchase commitments, property deeds, and mortgage Notes.
• Ability to perform each essential duty satisfactorily and comply with BSA, AML, OFAC, and CIP requirements and bank procedures.
• Ability to report unusual or suspicious activity involving customers or employees to the BSA Department.
• Ability to maintain professionalism, confidentiality, attention to detail, and effective communication in a banking environment.
• Ability to sit, stand, walk, use hands, reach, talk, and hear; lift up to 10 pounds regularly, 25 pounds frequently, and 50 pounds occasionally.

Culture & Benefits

• People-first culture with professional and personal development support.
• Competitive compensation and benefits tailored to skills, experience, and education.
• Dream Manager program, access to a certified health and wellness coach, and free access to certified financial professionals.
• Professional banking office with a dynamic, collaborative, inclusive, and supportive environment.
• Occasional travel may be required.

Hiring process

• After a conditional offer is accepted, pre-employment screening includes criminal background, credit, fingerprint, drug, OFAC, reference, employment, and education checks.