Share this Job

Mortgage Warehouse Specialist

Date: Nov 17, 2020

Location: Vienna, VA, US, 22182

Company: United Bank

Job Description

This position is responsible for the full management of the operation and life cycle of the mortgage warehouse line loans. Work closely with the Market President on the Mortgage Warehouse loan product. May be responsible overseeing direct staff.



•    Responsible for conducting thorough analysis of all loans submitted and process through the Warehouse Loan System (WLS)
•    Accountable for the full management of the WLS system to include, but not limited to, being the subject matter expert, conducting due diligence, ensuring system rules are properly set up and providing access to internal staff and external clients/agents
•    Review and compare loan documentation received with the information input into the Warehouse Loan System by the originator
•    Identify loan overrides needing additional review, troubleshooting and approval
•    Return or decline loans when appropriate as system indicates.  
•    Initiate and approve the outgoing disbursement wires
•    Review and process incoming document files
•    Review and process incoming Payoffs/Settlement documentation and prepare necessary tickets.  Release interest as interim funder on the national Mortgage Electronic Registration System (MERS) system 
•    Responsible in ensuring original notes are received, maintained and managed up through endorsement and delivery
•    Prepare and distribute weekly Mortgage Warehouse Line reports to Market President 
•    Manage the monthly invoices to ensure timely payments 
•    If the role oversees staff, will be responsible for full management to include hiring, providing guidance, training, performance management and disciplinary actions.



•    High school diploma or equivalent required, bachelor’s degree preferred
•    Minimum of three (3) years working experience in a related banking or financial lending and/or accounting role required.
•    Demonstrated ability to manage and be subject matter expert of the mortgage warehouse loan product.
•    Proficiency with software programs related to mortgage lending is highly desired
•    Proficiency with Microsoft Office products required
•    Ability to demonstrate a high level of professionalism and excellent customer relationship management is required
•    Ability to work independently in a fast-paced environment is required
•    Ability to prioritize workload to meet deadlines, multi-task and being detail oriented is essential
•    Strong analytical and problem-solving skills required
•    Strong verbal and written communication skills required



•    Analytical
•    Detail Oriented
•    Product expertise
•    Interpersonal and customer relationship management
•    Accuracy

Essential Functions: 
•    Sitting for extended periods of time.
•    Sufficient dexterity of hands and fingers to efficiently operate a computer keyboard, mouse and other computer components.
•    Ability to converse and exchange information with all levels of staff within organization.
•    Ability to observe, perceive, identify, and translate data


Company Profile
With over 180 years of experience, United Bank is one of the region’s premier banks with locations in West Virginia, Virginia, Washington, DC, Maryland, Ohio, and Pennsylvania. A subsidiary of United Bankshares, Inc., with dual headquarters in Washington, DC and Charleston, WV, we are a full service financial institution with nearly $20 billion in assets.
At United Bank, our people are our greatest asset. Our company is a perfect fit for hard-working, driven individuals as we provide a culture that is entrepreneurial, efficient, relationship-based and service-oriented. United is proud of our record of growth and our commitment to service - not only to our customers, but also to the communities in which we live and work.
United encourages our employees to become involved in the community and in professional activities, and we provide continued training and other support to help all employees achieve their full potential.

Nearest Major Market: Washington DC

Job Segment: Mortgage, Bank, Banking, Administrative Assistant, CRM, Finance, Administrative, Technology