What are the responsibilities and job description for the Funding Manager position at AmeriHome Mortgage Company, LLC?
Job Title
Funding Manager
Location:
CA - Irvine
What You'll Do
As the Funding Manager you'll lead, supervise and manage the daily pipeline of loan assigned to the team. You'll provide guidance to staff to assist with expectations, pipeline reviews, and communicate frequently with Loan Processing and Underwriting departments as well as with the Sales team.
We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!
About The Company
AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC.
Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.
© Western Alliance Bancorporation
Funding Manager
Location:
CA - Irvine
What You'll Do
As the Funding Manager you'll lead, supervise and manage the daily pipeline of loan assigned to the team. You'll provide guidance to staff to assist with expectations, pipeline reviews, and communicate frequently with Loan Processing and Underwriting departments as well as with the Sales team.
- Ensure quality and compliance of docs and funding associates with company policies, procedures, and investor guidelines. Maintain a thorough working knowledge of company and regulatory changes that affect the funding process. Demonstrate a thorough working knowledge of all aspects of mortgage, closing and funding guidelines.
- Assist in development and implementation of formal and informal training programs. Develop and maintains clear guidelines of department workflow. Excellent knowledge of the mortgage closing process and TRID requirement.
- Review all wires for dual approval process. Manage various pipelines with special attention to lock expiration, CDs/COCs due, PCCDs due, Escrow disbursement. Communicate to treasury regarding funding’s and federal ref numbers. Maintain feedback for monthly title calls. Prioritize rush transactions, monitors lock expirations, reviews rejected tax payments and handles remediation of all compliance findings.
- Take ownership in resolving loan level issues with the team. Ensure the team is communicating and following up, keeping all stakeholders up to date. Assist departmental staff when necessary.
- Lead and develop a team: responsible for hiring, coaching, performance management, training and development.
- 10 years of related experience in Retail Residential Mortgage Closing/Funding or similar field.
- High school diploma required; Bachelor's degree in related field preferred.
- Previous leadership experience required.
- Intermediate knowledge of residential mortgage industry in Correspondent or Retail Lending; including sales, operations, capital markets and/or other residential mortgage products and services.
- Entry level to intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
- Advanced Conventional and Government loan experience required including streamlines and IRRRLs.
- Advanced experience with Encompass.
- Intermediate speaking and writing communication skills.
We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!
About The Company
AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC.
Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.
© Western Alliance Bancorporation
