Director, Sales Operations
BLACKCLOAK
SFDC
Collateral Analyst, Capital Markets Operations
International Luxury Hotel Association
full-time
Posted on:
Location Type: Remote
Location: Remote • Pennsylvania • 🇺🇸 United States
Visit company websiteSalary
💰 $60,000 - $75,000 per year
Job Level
Mid-LevelSenior
About the role
- Process the daily delivery of data and documents to the document custodian in accordance with warehouse investor requirements. Obtain images from vendors and maintain tracking and reconciliation. Investigate and resolve exceptions cited by investors/document custodians to resolve document and data exceptions.
- Manage loans in pipeline to ensure optimal warehouse financing availability. Manage and report on aging loans in accordance with warehouse financing contractual requirements.
- Prepare allonges and note endorsements per warehouse and delivery requirements. Clear collateral exceptions as needed including modification exceptions.
- Travel on a daily basis to the Custodian office in Fort Washington, PA to prepare physical collateral for loan warehousing and delivery (note endorsements, etc.) and identification of collateral not on Custodian’s system.
- Review documents and images to ensure compliance with PHH product requirements, GSE requirements, warehouse investor contracts and/or mandatory commitments. Communicate with upstream and downstream business partners on suggestions for process improvements as well as updating of loan-level data.
- Perform loan quality/eligibility checks prior to delivery to ensure highest product quality from a loan delivery perspective.
- Act as a liaison between Capital Markets and Record Services for the clearing of loan modification exceptions to ensure timely delivery.
- Complete pool deliveries to GSEs/investors including communication with document Custodian for the movement of collateral as needed. Investigate and resolve pool discrepancies with GSE/investors. Perform loan quality/eligibility checks prior to delivery to ensure highest product quality from a loan delivery perspective.
- Manage the delivery of collateral for all EBO and modification transactions. Coordinate all exception clearing and file location analysis to ensure maximum pull-through in order to maintain deal economics.
Requirements
- Bachelor’s degree preferred or three to five years related Document Management and/or Loan Delivery experience
- Familiarity with GSE guidelines and procedures
- Working knowledge of the current mortgage banking practices, particularly an understanding of custodial, warehouse and settlement processes and policies
- Strong multi-tasking skills with the ability to manage strict deadlines
- Excellent interpersonal and communication skills
- Strong analytical and problem-solving skills. Proficiency in Microsoft Excel required
- Ability to work collaboratively with others, including peers, management, clients, and outside counterparties
- Self-starter that has the ability to work under pressure in order to meet deadlines in a constantly changing environment.
Benefits
- medical, dental and vision
- up to 3% match on 401(k) contributions
- generous paid time off
- company-paid life, accident and disability coverage
- programs for mental, physical and financial wellness
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
document managementloan deliveryloan quality checkseligibility checkscollateral managementexception clearingdata reconciliationprocess improvementmortgage banking practicesGSE guidelines
Soft skills
multi-taskinginterpersonal skillscommunication skillsanalytical skillsproblem-solving skillscollaborative workself-starterability to work under pressuretime managementadaptability
