Mortgage Warehouse Lending Specialist

Libertyville Bank And Trust

Countryside, IL, United States
Base: $50,000 - $65,000; bonus/equity: eligible fo...
On-site
Process outgoing wire requests
Approve draw requests and sweep funds
Collateral management and reporting
Libertyville Bank And Trust is seeking a Mortgage Warehouse Lending Specialist with extensive banking experience and mortgage processing knowledge. The role involves processing wire requests, managing collateral, and ensuring compliance with banking standards

Job Summary

  • Monitor the incoming wire queue and process outgoing wire requests within the established SLA per the client’s approved product parameters described in the Credit Approval.
  • Evaluate required documents, approve initial and subsequent draw requests, and sweep funds to the client’s operating account; monitor reports to ensure the client does not exceed the construction sub-limit.
  • Generate monthly invoices, bill clients, and sweep payments from clients’ accounts; produce a monthly Board Reporting package shared with the Bank’s Board of Directors.

Matching Summary

Match Score: 85

Libertyville Bank And Trust is seeking a Mortgage Warehouse Lending Specialist with extensive banking experience and mortgage processing knowledge. The role involves processing wire requests, managing collateral, and ensuring compliance with banking standards.

Salary

Base: $50,000 - $65,000; Bonus/Equity: Eligible for annual bonus; Benefits: Comprehensive benefit package

Skills & Requirements

Must-have

  • Process outgoing wire requests
  • Approve draw requests and sweep funds
  • Collateral management and reporting
  • Generate monthly invoices and board reporting

Nice-to-have

  • Award-winning culture
  • Family-friendly work hours
  • Promote from within culture

Key Requirements

  • Minimum 5 years’ banking experience
  • Knowledge of mortgage processing
  • General accounting practices
  • Proficient in MS Office

Work Rights

Not specified

Tailored Resume

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