Mortgage Warehouse Lending Specialist

Macatawa Bank

Countryside, IL, United States
Base: $50,000 - $65,000; bonus/equity: eligible fo...
On-site
Monitor incoming wire queue
Process outgoing wire requests
Evaluate draw requests
Macatawa Bank is seeking a Mortgage Warehouse Lending Specialist to join their team in Countryside, IL. The ideal candidate will have at least five years of banking experience, strong customer service skills, and a solid understanding of mortgage processing and general accounting practices

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

Macatawa Bank is seeking a Mortgage Warehouse Lending Specialist to join their team in Countryside, IL. The ideal candidate will have at least five years of banking experience, strong customer service skills, and a solid understanding of mortgage processing and general accounting practices.

Salary

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

Skills & Requirements

Must-have

  • Monitor incoming wire queue
  • Process outgoing wire requests
  • Evaluate draw requests
  • Collateral management
  • Generate monthly invoices

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

Cover Letter