Innovation Leadership Program (iLead) - Thousand Oaks, CA or Irving, TX - AmeriHome Operations

Company: Disability Solutions
Location: Westlake Village
Posted on: January 25, 2025

Job Description:

Job Title:Innovation Leadership Program (iLead) - Thousand Oaks, CA or Irving, TX - AmeriHome OperationsLocation:CA - Westlake VillageWhat you'll do:Start date between June 23, 2025 to July 7, 2025This eighteen-month rotational program is designed to develop capabilities and foster innovation to scale the company to meet its next phase of growth. The program participants will become the trailblazers in their functions, working on projects to shape the future of Western Alliance Bank. Participants will gain high-impact experience, accelerate their careers as innovator leaders, build their professional network and interact closely with senior executives. The AmeriHome Operations department covers operations and credit operations oversight for the correspondent and retail production channels. This department is responsible for the salability review of loans to be purchased (correspondent) or originated (retail). Reviews are conducted in alignment with Fannie Mae and Freddie Mac (or other investor) guidelines, with some overlays from AmeriHome guidelines. The iLead participant will gain a holistic, hands-on experience across several key areas of AmeriHome Operations. The rotations will provide a well-rounded foundation with mortgage loan documents, the process steps in the loan review process, and the factors that are considered decision to purchase or fund a loan for Correspondent or Retail operations. The participant will learn how to identify and implement process improvement initiatives like time studies, process review, and cost-benefit analysis. In addition, the participant will have the opportunity to develop the skills required to manage a production team including employee oversight, production reporting, and quality control.The Rotations for AmeriHome Operations are:Rotation 1: Correspondent Loan Review Production is responsible for supporting the life cycle of a mortgage loan including loan salability review, critical data, risk management. Vendor management; onboarding, training, and collaboration. Production, quality and capacity tracking and management. Collaborate with project management and technology teams to implement new products, revamp procedures, and expand current operating process. Apply applicable theories and concepts to interpret data, provide analysis and observations, and recommend related initiatives and solutions. Create and present relevant information as needed to executive leaders during monthly business review meetings.Rotation 2: Retail Loan Production understanding the retail loan origination process from pre application to post closing. You will be analyzing loan economics and the qualification of the borrower. Learn about different types of loan products and what makes a loan salable.Rotation 3: Correspondent and Retail Loan Credit Operations learning the credit risk oversight component of correspondent and retail operations. GSE and other regulatory requirements. Correspondent Lending - Credit Operations is responsible for assessing risk associated with mortgage loan eligibility and performance prior to purchasing. They review loans to ensure it meets AmeriHome and Investor standards by assessing the Credit, Capacity, Collateral, Capital, and Characteristics of the transaction. Retail Lending - Credit operations is responsible for assessing loan risks associated with borrower's ability, willingness to pay by making a credit decision. They review loans to ensure it meets AmeriHome and Investor standards by assessing the Credit, Capacity, Collateral, Capital, and Characteristics of the transaction.What you'll need: Compensation: Salary range for new hires is generally $100,370.00 - $123,983.33 for Thousand Oaks, CA. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned and restricted stock.Benefits you'll love:We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!About the company:AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC.Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.-- Western Alliance Bancorporation

Keywords: Disability Solutions, Los Angeles , Innovation Leadership Program (iLead) - Thousand Oaks, CA or Irving, TX - AmeriHome Operations, Other , Westlake Village, California