Collateral Management Specialist

Collateral Management Specialist

Provides administrative support needed to manage the receipt, tracking, follow-up, recording and storage of collateral documents. Also assists in the researching and obtaining missing collateral document.

Essential Duties and Responsibilities include the following. Other duties may be assigned:

• Coordinates obtaining, tracking, follow-up, and storage of collateral documents.
• Assists with researching issues regarding collateral files and documents.
• Inventory documents in collateral files.
• Image collateral documents as received.
• Obtains signatures, prepare, submit for recording as applicable, and track documents as needed.
• Posts closing legal / compliance review and exception clearing per investor requirements.
• Provides support to peers/managers within the corporation relative to collateral documents as needed.
• Provides internal and external support to Investor community and all major Agencies.
• Works incoming document queues to identify documents for indexing.
• Assists with letter campaigns.
• Assists with department special projects.
• Assists manager in identifying and implementing long-term projects and process / procedure improvements to ensure timely and accurate reporting.
• Represents the organization in internal and external cross-functional relationships between other departments.

Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education/Experience: Requires a high school diploma or general education degree (GED); a college degree is preferred by not required. 2+ years of mortgage banking experience. In addition to having problem resolution skills, the individual must be analytical, organized, detail oriented and can consistently meet multiple deadlines. The individual must be a "self-starter" also possess strong verbal and written communication skills and be team oriented. Knowledge of mortgage loan documentation and exception clearing and reviewing a title search as it relates to the chain of title for note endorsements and assignments.

Language Ability:

Ability to read, and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively before groups of customers or employees of the organization.

Reasoning Ability:

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form. Ability to apply Critical Thinking skills.

Computer Skills:

To perform this job successfully, an individual should have knowledge of word processing software; electronic mail; spreadsheets and internet software. Strong Analytics and proficiency in Data Review.

Certificates and Licenses:

No certifications needed.

Supervisory Responsibilities:

No supervisory responsibilities.

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The employee must occasionally lift and/or move up to 50 pounds. Specific vision abilities required by this job include close vision. While performing the duties of this job, the employee is regularly required to talk or hear. The employee is frequently required to stand; walk; and sit. The employee is occasionally required to use hands to finger, handle, or feel; reach with hands and arms and stoop, kneel, crouch, or crawl.

The above job description is not intended to be an all-inclusive list of duties and standards of the position. Incumbents will follow any other instructions, and perform any other related duties, as assigned by their supervisor.