Planet Home Lending

Purchasing Manager

US-CA-Santa Ana
2 months ago
# of Openings


The Purchasing Manager is responsible for ensuring the purchasing function achieves maximum production. Primary responsibilities include the supervision of a team of loan purchasers to ensure that mortgage loans are purchased according to established policies and procedures of the Company and local and state laws and federal regulations.

Primary Responsibilities

  • Manages the purchasing function focused on daily workflow and pipeline management. Works closely with the purchasing team to ensure loans are moving through the purchase process.
  • Provides and promotes a high standard of customer service for internal and external customers. Ensures the purchasing team is in compliance with all applicable laws, regulations and guidelines.
  • Hire, train, and develop staff to perform at the highest levels of accuracy and efficiency. Motivates and encourages staff through positive communication and feedback to ensure the highest degree of customer services. Fosters, promotes and contributes to a positive team environment. Performs human resource management activities including evaluating performance, recruiting and retaining top talent.
  • Handles exception items. Resolves complex and escalated items.
  • Tracks performance and monitors daily business. Prepare, review and distribute reports.

Position Requirements

  •  High school diploma or equivalent required
  • Minimum five years mortgage funding/purchasing experience
  • Minimum two years in management required
  • The position is subject to stress caused by changing priorities, tight deadlines and significant workload.
  • Effective written and verbal communication skills
  • Demonstrated ability to manage workflow and priorities and meet aggressive deadlines
  • Full understanding of correspondent purchasing requirements
  • Working knowledge of mortgage loan documents, loan origination program, collateral management, underwriting guidelines and loan servicing
  • Demonstrates a commitment to quality customer service
  • Strong attention to detail
  • Well organized with the ability to multi-task
  • Demonstrates strong time management skills with the ability to meet deadlines
  • Direct experience in coaching and mentoring others
  • Proficient in all compliance-related regulations including TRID
  • Strong mathematical skills
  • Strong PC skills (MS Office products) and experience with mortgage origination systems


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