What are the responsibilities and job description for the Mortgage Warehouse Client Specialist position at First Horizon?
Location: On site at location listed in job posting.
Position Overview:
The Mortgage Warehouse is a hybrid position which combines elements of both a traditional Commercial Lending Client Specialist and a Loan Operations Specialist. The Mortgage Warehouse Client Specialist provides customer service support and loan operations support to the high-value clients of the Mortgage Warehouse Lending Group. The Mortgage Warehouse Client Specialist works closely with the Warehouse Lending Relationship Managers (RM) and Portfolio Managers to service the client’s daily transaction requirements and periodic needs for special services.
The Mortgage Warehouse Client Specialist performs a variety of routine and non-routine functions in accordance with standard procedures including collateral onboarding and management, loan advance and repayment transactions, data integrity and quality control, and reporting, all of which is done in a direct client-contact environment. The Mortgage Warehouse Client Specialist partners with other departments and/or outside agencies to resolve problems.
Essential Duties and Responsibilities:
- Receive credit line advance requests from clients and verify accuracy and data integrity.
- Set-up mortgage loan collateral description as specified by clients.
- Perform loan advances in loan system and send out-bound wire transfer to recipients specified by clients.
- Provide wire tracking information as needed by clients.
- Receive in-bound wire transfers which represent repayment proceeds from secondary market loan purchasers.
- Interact with clients to determine which mortgage loans are being purchased by secondary market.
- Perform payment transactions in loan system as specified by clients.
- Receive and review collateral (original mortgage notes) from clients.
- Interact with clients to resolve collateral discrepancies/issues.
- Image collateral and file electronically in loan system.
- Perfect collateral by preparing and attaching bailee notices.
- Send perfected collateral to destination specified by clients.
- Receive and manage returned collateral.
- Perform EOD balancing of both monetary and collateral activity.
- Prepare and disseminate daily and monthly reports for internal and client use.
Education and/or Work Experience Requirements:
- 0-2 years of general banking, transaction and customer support experience
- Accurate typing, spelling and grammar skills.
- Proficient with applicable computer software.
- Excellent written and oral communication skills.
- Analytical and customer support skills.
- Strong organizational skills.
- Strong customer service skills.
- Strong problem resolution skills.
- Decision making skills.
- Critical thinking skills
- Leadership skills.
Physical Requirements:
- Precise hand/eye coordination
- Basic keyboarding or other repetitive motions
About Us
First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
Benefit Highlights
• Medical with wellness incentives, dental, and vision
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match
• More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits
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