Warehouse Lending Collateral Specialist

Warehouse Lending Collateral Specialist

At Northpointe Bank, we believe your career should empower you — to grow, contribute, and find purpose. We’re hiring a Warehouse Lending Collateral Specialist to support Mortgage Purchase Program (MPP) operations through collateral review, document validation, investor delivery coordination, and compliance tracking.

This role is ideal for a detail-oriented mortgage professional who enjoys working with loan documentation, managing operational timelines, and ensuring collateral accuracy in a fast-paced environment.

• Monitor aging of wet-funded loans and follow up with clients when timelines exceed program tolerances
• Retrieve and validate original executed collateral notes and supporting documentation
• Cross-reference received collateral against funding submissions and confirm MERS registration accuracy
• Prepare Bailee letters and coordinate shipment of collateral notes to committed investors within required time frames
• Maintain accurate records of collateral receipt, validation, and shipment activities
• Demonstrate working knowledge of Conventional, FHA, VA, NonQM, Second Lien, and Rural Development loan programs
• Communicate with internal teams and clients to resolve collateral-related issues and maintain workflow efficiency
• Support compliance with investor requirements, regulatory standards, and internal operational controls
• Assist MPP leadership with operational support and process improvement initiatives

• High school diploma or equivalent required
• Prior residential mortgage lending experience preferred
• Minimum of 1 year of customer service experience required
• Strong attention to detail and ability to manage high-volume workflows
• Strong organizational, communication, and problem-solving skills
• Professional demeanor with the ability to interact effectively with internal and external customers
• Ability to work independently and collaboratively in a team-oriented environment
• Proficiency in Microsoft Office applications including Word, Excel, and Outlook

• Medical
• Dental
• Vision
• Life, LTD, & AD&D
• Dependent Care Spending Plan (DCSA)
• Employer Stock Ownership Plan with 401(k) feature and company match
• Complimentary Banking Services
• Tuition Assistance

It is the policy of Northpointe Bank and its subsidiaries to provide equal employment opportunities (EEO) to all persons regardless of age, race, sex, religion, national origin, handicap, marital status, or other attributes not pertinent to the job requirements. This policy reflects our practice of making all employment decisions, from recruitment to promotions, based on an individual's qualifications without discrimination on any basis.

AA – EOE