Funding Manager at Western Alliance Bancorporation

Irvine, California, United States -

Full Time

Start Date

Immediate

Expiry Date

14 Mar, 26

Salary

114203.0

Posted On

14 Dec, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Loan Management, Team Leadership, Mortgage Closing, Compliance, Training Development, Pipeline Management, Communication, Problem Solving, Regulatory Knowledge, Encompass, TRID Requirements, Customer Service, Performance Management, Document Quality Assurance, Escrow Disbursement, Feedback Management

Industry

Banking

Description

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. 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. What you'll need: 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. Compensation: Salary range for new hires is generally $92,450.00 - $114,203.00 for Irvine, CA. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned. Benefits you’ll love: 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 About Western Alliance Bancorporation With more than $80 billion in assets, Western Alliance Bancorporation (NYSE:WAL) is one of the country’s top-performing banking companies. Through its primary subsidiary, Western Alliance Bank, Member FDIC, clients benefit from a full spectrum of tailored commercial banking solutions and consumer products, all delivered with outstanding service by industry experts who put customers first. Major accolades include being ranked as a top U.S. bank in 2023 by American Banker and Bank Director. Serving clients across the country wherever business happens, Western Alliance Bank operates individual, full-service banking and financial brands with offices in key markets nationwide. For more information, visit Western Alliance Bancorporation. For more information, visit Western Alliance Bank online. 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Responsibilities

The Funding Manager will lead and manage the daily pipeline of loans, ensuring quality and compliance with company policies. They will also provide guidance to staff and communicate with various departments to resolve loan-level issues.