Collateral Analyst III

Job Summary

Summary Receives, reviews, logs and properly stores all original collateral received from Clients and closing agents; prepares original Notes and Bailee letters for shipment to takeout investors; processes Collateral status reports from custodians; processes eNotes received in eVault and WLS.

• Processes daily incoming collateral; opens mail received from clients and closing agents; reviews original Notes against funded loans in WLS; logs Notes in WLS; adds notes to Not Funded log pending funding submission by client; sorts and flags notes by investor; files notes not pending shipment.
• Reconciles daily custodial reports and updates WLS for notes received, notes shipped and exceptions via daily import.
• Manages collateral inventory; performs weekly audits of all mortgage Notes in the Bank's possession to ensure an accurate inventory.
• Monitors eVault for receipt of eNotes, processes eDeliveries and transfers to investors, then updates WLS accordingly via import file.
• Monitors aged outstanding collateral ("Wet Note") reports; follows up with clients and updates status in WLS.
• Prepares original Notes and Bailee letters for timely shipment to takeout investors; runs daily ship report for notes requested to ship by clients; properly endorses each note in accordance with investor guidelines, stacks, scans and packages Notes by client and investor prior to shipment. Prepares Fed Ex labels for each package; updates WLS to reflect Notes pulled and shipped.
• Gathers required documentation to obtain investor approvals on behalf of Clients; sets up new investors in WLS; links approved investors to client accounts as requested.
• Monitors investor updates for endorsement requirements, collateral delivery changes, and ownership changes; updates WLS investor records and P P accordingly.
• If responsible, may approve loans for disbursement.
• Prepares agency pool documents for execution and delivery; approves Freddie Mac security release forms in Freddie Mac Loan Advisor System; approves Fannie Mae Bailee Letters in Fannie Mae system.
• Adds/updates WLS User information and provides installation instructions for clients;
  Updates master Client List;
  Resets passwords per client request.
• Responds timely to client emails concerning information requests, return notes, Allonges, shipping requests, tracking info, corrections needed, and research.
• Trains new Warehouse Lending employees and Clients as needed.
• Processes monthly SOFR EOM and Term Index updates in WLS, and reports changes to participating banks.
• Works with manager to provide documentation requested by internal and external auditors.
• Coordinates and implements quarterly FHLB Collateral Review for Warehouse.
• Manages collateral movement for internal "swings" from one warehouse line to another for client-to-client purchases, OTC modifications, and sublimit moves.
• Assists with Annual Investor Audit by obtaining current financial statements and product guidelines for management review and approval.
• Cross trains in any area where WL SVP sees the opportunity for continued training or support.
• Completes all Bank-assigned training in a timely manner.
• Attends industry events; representing Origin Bank in a professional manner.

This job has no supervisory responsibilities.

Problem Solving: Identifies and resolves problems in a timely manner;
Gathers and analyzes information skillfully;
Works well in group problem solving situations;
Uses reason even when dealing with emotional topics.

Technical

Skills:

Assesses own strengths and weaknesses;
Pursues training and development opportunities;
Strives to continuously build knowledge and skills;
Shares expertise with others.

Interpersonal Skills/Customer Service: Focuses on solving conflict, not blaming;
Maintains confidentiality;
Listens to others without interrupting;
Manages difficult or emotional customer situations;
Responds promptly to customer needs;
Solicits customer feedback to improve service;
Responds to requests for service and assistance;
Meets commitments.

Oral and Written Communication: Speaks clearly and persuasively in positive or negative situations;
Res…