Cornerstone Capital Bank logo
Cornerstone Capital Bank

Enjoy a new online banking experience with the same exceptional customer service you expect from Cornerstone companies.

SVP, Mortgage Funding Operations

OperationsOperationsFull TimeRemoteLeadTeam 51-200H1B No SponsorCompany SiteLinkedIn

Location

United States

Posted

3 days ago

Salary

0

Seniority

Lead

Bachelor Degree10 yrs expEnglish

Job Description

SVP, Mortgage Funding Operations

Cornerstone Capital Bank

• Oversee critical initiative to leverage the company’s capabilities as a bank to fund Cornerstone’s mortgage banking retail operations • Establish mortgage funding lines for joint venture builder partners • Monitor daily borrowings, advance rates, curtailment schedules, and collateral eligibility • Review wires, closing docs, and authorize the release of funds to title/settlement agents • Coordinate with Capital Markets on the gestation and sale of loans to secondary market investors or GSEs • Evaluate a Warehouse Management System that integrates with Phoenix Core, LV365, and Data Warehouse • Develop and execute a phased rollout plan for CCB mortgage funding, including staffing, gating criteria, and pilot testing

Job Requirements

  • Bachelor’s degree in Finance, Accounting, Business, or related field
  • 10–15+ years of experience in warehouse lending, correspondent lending, mortgage banking, or specialty finance
  • Proven leadership experience managing operations and financial performance
  • Strong knowledge of warehouse lending structures, collateral management, treasury, and regulatory requirements
  • Experience with warehouse lending platforms such as OptiFunder Greyhound, ProMerit/WLS, or similar systems
  • Excellent leadership, communication, and analytical skills
  • Warehouse lending platforms and core systems that track line availability, collateral pooling, and document custody (e.g., ProMerit, Greyhound by OptiFunder)
  • Loan Origination Systems (LOS): Processing and underwriting systems where the loan originates (e.g., Empower, Loan Vision, Black Knight)
  • Document Management & Custody: Systems used to track and ship physical or eNotes (e.g., MERS integrations, DocMagic, eSignSystems)

Benefits

  • Medical
  • Dental
  • Vision
  • Accidental Death
  • Long-Term Disability
  • Short-Term Disability
  • FSA
  • HSA
  • 401K
  • Basic Life
  • Voluntary Life
  • Paid Parental Leave

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