[Remote] SVP Mortgage Funding Operations
Note: The job is a remote job and is open to candidates in USA. Cornerstone Capital Bank is a bank holding company headquartered in Houston, Texas, focused on providing financial services and mortgage lending. The SVP of Mortgage Funding Operations will oversee mortgage banking operations, manage funding lines, and ensure operational excellence while contributing to strategic decisions for growth and risk management.ResponsibilitiesWarehouse Line Management: Monitoring daily borrowings, advance rates, curtailment schedules, and collateral eligibility to maintain strict adherence to credit agreementsFunding Operations: Reviewing wires, closing docs, and authorizing the release of funds to title/settlement agentsLoan Delivery & Sale: Coordinating closely with Capital Markets on the gestation and sale of loans to secondary market investors or GSEs (Fannie Mae/Freddie Mac) to clear warehouse lines quicklySystem Optimization: Evaluate a Warehouse Management System that integrates with Phoenix Core, LV365, the new batch wire system, and the Data Warehouse. Develop and execute a phased rollout plan for CCB mortgage funding, including staffing, gating criteria, and pilot testing with select ABA partners and CHLSkillsBachelor's degree in Finance, Accounting, Business, or related field10–15+ years of experience in warehouse lending, correspondent lending, mortgage banking, or specialty financeProven leadership experience managing operations and financial performanceStrong knowledge of warehouse lending structures, collateral management, treasury, and regulatory requirementsExperience with warehouse lending platforms such as OptiFunder Greyhound, ProMerit/WLS, or similar systemsExcellent leadership, communication, and analytical skillsWarehouse 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)BenefitsMedicalDentalVisionAccidental DeathLong-Term DisabilityShort-Term DisabilityFSAHSA401KBasic LifeVoluntary LifePaid Parental LeaveOpportunity for a performance based bonus based on position and departmentCompany OverviewWe are a team of dynamic, enthusiastic, and service-oriented individuals who want to make banking and mortgages easier for you. It was founded in undefined, and is headquartered in Houston, Texas, US, with a workforce of 51-200 employees. Its website is https://www.cornerstonecapital.com/.