Collateral Specialist

Description

The Collateral Specialist reports directly to the Team Lead Post Closing - Retail Mortgage. This position requires excellent organizational skills and strong analytical analysis. This candidate should work well in a fast-paced environment, can multi-task and is detailed oriented.

• Audit all Final documents for accuracy in multiple business lines.
• Monitor transfer of recorded documents via MERS system to and from GBC.
• Work closely with Manager to ensure timely reporting, corrections and tracking.
• Responsible for collecting, endorsing and delivery of documents to purchasing investors.
• Compliance:
  Ensure compliance with investor requirements; avoid all penalties.
• Responsible for all Bulk investor purchase and Sale Transfers in MERS system.
• Log and file legal documents into secured retention requirements.
• Notify correspondents, custodians and investors for delivery and receiving of documents. Monitor associated tracking.

• Minimum 5+ years of document auditing and tracking experience, to include FHA, VA and USDA loan types.
• Experience with MERS and final and legal document requirements.
• Strong organizational skills, attention to detail, and proficiency in MS Office and Loan Origination Systems (LOS).
• Excellent communication skills.
• Previous experience with Microsoft Excel.
• Manual lifting of loan documents in excess of 25 lbs.
• Preferred:
  Previous experience with Encompass software, Excell, MERS.
• This role requires to be in-office 5 days per week.

AAP/EEO Statement: Equal Opportunity/Affirmative Action Employer Veterans/Disabled.

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