Job Openings >> Warehouse Funder
Warehouse Funder
Title:Warehouse Funder
Department:Correspondent Services

Coastal States Bank is currently looking for Warehouse Funder for our Jacksonville, FL location. The Warehouse Funder is responsible for collateral management, management reporting, wire settlement and cross trained on the review of wire requests for accuracy and deficiencies prior to funding on the customers warehouse Facility.

Essential Position Responsibilities:

  • Reviews outgoing wire requests in warehouse system and verifies data matches supporting documents.
  • Approves and disburses wires in the warehouse system and updates with Fed Reference number.
  • Monitors incoming wires and ensures that all wires are input and settled in the warehouse system.
  • Keys wire information into core banking system for processing
  • Audits collateral documents from lenders and processes them in the WLS Client System.
  • Prepares and delivers Allonge, Note (with executive management signature), Power of Attorney copy, Bailee Letter and any other documentation provided with Note to investor.
  • Delivers collateral packages to investors.
  • Prepares UPS tracking label and updates WLS client system with tracking information.
  • Maintains database of closing agents in warehouse system. Verifies that wire instructions and E&O are current for each agent.
  • Responds to incoming email communication from closing agents.
  • Participates in on-going training to develop further knowledge of the industry and changes that affect department.
  • Must be able to work overtime as work volume and staffing issues dictate.
  • Performs other duties as assigned.

Job Knowledge and Abilities:

  • Able to set goals, meet objectives, take initiative and complete tasks within deadlines.
  • Capable of working independently in a fast-paced environment.
  • Broad understanding of residential mortgage/real estate loan closing process.


Education and Experience:

  • High school diploma required, bachelor’s degree preferred.
  • One to three years mortgage experience preferred.


We offer a competitive wage and comprehensive benefit plan.

Coastal States Bank (“CSB”) builds relationships by providing a full range of banking services designed for businesses, their owners, and individuals looking for a local banking partner. With a community bank presence in the LowCountry of South Carolina (Hilton Head Island and Bluffton), Savannah, Atlanta, and North Georgia (Cumming and Dawsonville), CSB also serves communities across the country through our Government Guaranteed Lending, Senior Housing, and Mortgage Banker Finance lines of business.

CSB – Local. And Proud Of It.®

Coastal States Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants for employment without regard to race, religion, color, sex, national origin, age, disability or veteran status, or any other legally-protected factors.

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