Associate, Mortgage Advisory at Silicon Valley Bank in Menlo Park, California

Job Description:

BE PART OF A BANK LIKE NO OTHER.

When you work with the world's most innovative companies, you know you're making a difference.

Our clients are the game changers, leaders and investors who fuel the global innovation economy. They're the businesses behind the next medical breakthroughs. And the visionaries whose new technologies could transform the way people live and work.

They come to SVB for our expertise, deep network and nearly forty years of experience in the industries we serve, and to partner with diverse teams of passionate, enterprising SVBers, dedicated to an inclusive approach to helping them grow and succeed at every stage of their business.

Join us at SVB and be part of bringing our clients' world-changing ideas to life. At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.

Job Description

Join a bank like no other: SVB. When you work with the world's most innovative companies, you know you're making a difference every single day. Our clients are the game changers, leaders and investors who fuel the global innovation economy. They're the businesses behind the next medical breakthroughs, and the visionaries whose new technologies could transform the way people live and work. They come to SVB for our expertise, deep network and 30+ years of experience in the industries we serve, and to partner with passionate, enterprising SVBers, dedicated to helping them grow and succeed at every stage of their business. Join the SVB team and help bring our clients' world-changing ideas to life. SVB Private Bank serves the needs of individuals who are part of the Innovation sector of the U.S. economy. This includes venture capital professionals and C-level executives from all the businesses Silicon Valley Bank serves nationwide. SVB is uniquely positioned with access to the key players in the industry. We seek to help streamline their lives with a strong product set, intense knowledge of their industries, capable & caring bankers and a high level of customer service.

The Mortgage Advisory Associate partners with a Mortgage Advisor (VP through Managing Director) in facilitating mortgage loan transactions for our Private Bank clients. Utilizing direct client contact, the Mortgage Advisor Associate will ensure all information is gathered from the client and provided to other internal teams (Mortgage Underwriting and Operations), and act as a liaison between multiple internal teams in order to provide the smoothest possible client experience for the mortgage transaction. The most qualified candidate will be highly organized, with ability to pay attention to the details, needs to be proactive and able to multi-task, and should have strong written and verbal communication skills.

Daily responsibilities of this role include but are not limited to:

- Act as a key liaison between client, mortgage advisor and operations to ensure the loan application goes smoothly from initial disclosures and appraisal order all the way through closing and funding.

- Submit client's loan application for initial disclosures, underwriting review and, after approval, to closing.

- Stay in touch with clients to ensure all financial documentation is received for underwriting, and all conditions or documentation is received from clients in order to meet all closing needs.

- Obtain and analyze appropriate client's personal confidential information. Upon receipt, decipher whether client's mortgage request is accurate to be submitted for regulatory disclosures.

- Work with clients on obtaining required financial documents. Upon receipt, review documents for accuracy to determine whether financial package is complete and ready to be submitted for underwriting review.

- Leads pipeline management, while adhering to regulatory deadlines.

- Responsible for working with clients and leading a smooth closing process.

- Preferred experience includes 1-2 years in the mortgage industry

- Strong organizational skills and attention to detail

- Advanced verbal/written communication and interpersonal skills

- Strong team orientation including ability to work with many different types of personalities and levels of seniority both within the Private Bank and externally

- Ability to multi-task and act independently and pro-actively on transactions, without direct supervision day-to-day

- Sense of urgency as needed to ensure an excellent client experience

- Experience with Encompass preferred

© 2021 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group (Nasdaq: SIVB).

Equal Employment Opportunity

Silicon Valley Bank is an equal opportunity employer and is dedicated to expanding its commitments and investments to create a more diverse, equitable and inclusive company culture and innovation ecosystem. We are strongly committed to the values and policy of equal employment opportunity across our employment practices.

Silicon Valley Bank is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK under No. FC029579. Silicon Valley Bank is authorised and regulated by the California Department of Business Oversight and the United States Federal Reserve Bank; authorised by the Prudential Regulation Authority with number 577295; and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.