Wealthfront

Director of Home Lending

Palo Alto, California, United States

Wealthfront Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial ServicesIndustries

Requirements

Candidates should possess a minimum of 7 years of retail mortgage lending experience, along with at least 4 years of leadership roles. They require strong knowledge of Conventional Conforming and Jumbo guidelines, a solid understanding of state and federal lending regulations, and familiarity with digital lending platforms and automation tools. Proven expertise in system configuration, particularly with Loan Origination Systems (LOS), is also essential.

Responsibilities

The Director of Home Lending will lead configuration and optimization of the Loan Origination System (LOS), collaborate with product and engineering teams on system workflows, oversee system testing and enhancements, ensure compliance with regulations, provide pipeline support to the team, manage and support personnel, maintain relationships with compliance and legal teams, assist with audits, design and deliver training programs, identify process improvements, implement technology-driven solutions, contribute to team goals, adopt company values, and demonstrate a customer-focused, business-centric, and team-oriented mindset.

Skills

Loan Origination System (LOS)
Regulatory Compliance
System Configuration
Workflow Design
System Testing
Operational Efficiency
Team Management
Training Program Development
Process Improvement
Technology Integration

Wealthfront

Automated investment and wealth management services

About Wealthfront

Wealthfront provides financial services aimed at helping individuals grow their wealth through a digital platform. Its main offering is an automated investment platform that utilizes robo-advisors—algorithms that manage and invest client funds for long-term growth. This service is complemented by a high-yield cash account that offers a competitive 5.00% APY for short-term savings, provided through partner banks. Additionally, Wealthfront offers a diversified bond portfolio, allowing clients to earn dividends with tax advantages, and a platform for discovering and purchasing stocks to facilitate quick and strategic investment decisions. Unlike many traditional wealth management firms, Wealthfront focuses on automation and ease of use, making financial services accessible to a broader audience. The company's goal is to simplify wealth management and help clients maximize their financial potential.

Key Metrics

Palo Alto, CaliforniaHeadquarters
2011Year Founded
$198.9MTotal Funding
SERIES_ECompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

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

Risks

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.

Differentiation

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.

Upsides

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.

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