Full-Time

Sr. Loan Originator

Updated on 2/4/2025

Wealthfront

Wealthfront

201-500 employees

Automated investment and wealth management services

Fintech
Financial Services

Compensation Overview

$99k - $110kAnnually

+ Equity

Senior

Remote in USA

Category
Commercial Banking
Finance & Banking
Required Skills
Customer Service

You match the following Wealthfront's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Mortgage Loan Originator License in CO or TX
  • 2 - 4 years of experience
  • Strong knowledge of Conventional Conforming and Jumbo guidelines
  • Solid understanding of state and federal lending regulations
  • Extensive knowledge and understanding of customer service and intrapersonal best practices
Responsibilities
  • Build rapport with clients to ensure we are identifying the solution that meets their needs.
  • Build rapport with buyer and seller agents to increase company market presence and ensure we are meeting local market demands and nuances
  • Use technology to guide clients in obtaining mortgages by answering their questions, collecting necessary documents and verifying information.
  • Provide exceptional client service while advising on the purchase or refinance process.
  • Respond to potential inquiries from company-generated prospects.
  • Achieve or exceed sales goals and objectives.
  • Work closely with operations, compliance and technology teams to optimize the loan application and workflow.
  • Ensure that all loans originate in full compliance with federal and state regulations.
  • Maintain a pipeline of complex loan applications
  • Review escalated objectives as tasks
  • Participates in and leads proactive team efforts to achieve departmental and company goals
  • Adopts Company values in work behaviors, decision making, contributions and interpersonal interactions.
  • Contributes to a positive work environment by demonstrating cultural expectations and influencing others to reward performance, accountability, diversity and inclusion, flexibility, continuous development, collaboration, creativity and fun
Desired Qualifications
  • Customer-focused, business-centric, and team-oriented mindset; relentlessly passionate about finding and completing valuable work.
  • Strong working knowledge of state-specific licensing and registration requirements and use of the NMLS. Strong working knowledge of Federal and state regulations including TRID and HMDA.
  • Deep understanding of mortgage loan products and underwriting guidelines.
  • Self-driven with the ability to work independently and collaboratively.
  • Excellent organizational skills, able to set and meet deadlines in a high paced environment.
  • Demonstrated ability to communicate effectively and influence positive outcomes at all levels of an organization.
  • Intellectually curious and interested in applying technology to enhance business processes.
  • Prior experience in wholesale and/or correspondent channels
  • Excellent communication skills focusing on both internal and external communications
  • Openness to adapting to industry changes

Wealthfront offers financial services that help individuals grow their wealth through a digital platform. Its main product is an automated investment service that uses algorithms, or robo-advisors, to manage client funds for long-term growth. The company also provides a high-yield cash account and a diversified bond portfolio, allowing clients to earn returns without complex management. Wealthfront stands out by focusing on automation and user-friendly services, aiming to make wealth management accessible and efficient.

Company Stage

Series E

Total Funding

$198.9M

Headquarters

Palo Alto, California

Founded

2011

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

-4%
Simplify Jobs

Simplify's Take

What believers are saying

  • Wealthfront's cash account now offers up to $8 million in FDIC insurance.
  • The company has reached $50 billion in client assets, indicating strong growth.
  • Increased demand for AI-driven financial advice aligns with Wealthfront's robo-advisor services.

What critics are saying

  • Increased competition from robo-advisors and traditional institutions may erode market share.
  • Free wire transfers could increase operational costs without boosting revenue.
  • Expansion into stock trading faces competition from established platforms like Robinhood.

What makes Wealthfront unique

  • Wealthfront offers a high-yield cash account with industry-leading 5.00% APY.
  • The company provides a diversified bond portfolio with tax advantages and no maturity dates.
  • Wealthfront's automated investment platform uses award-winning algorithms for long-term wealth growth.

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Benefits

Free lunches, snacks, coffee

Receive 1:1 mentorship

Caltrain pass, an additional transportation stipend, and relocation bonuses

Monthly wellness reimbursement

Discretionary time off policy and offer 16 weeks of paid parental leave

Comprehensive medical, dental and vision coverage