Junior Collateral Analyst, Entry-Level, Temporary

Role Overview

• Retrieve mail and overnight deliveries by 10 am and log all items received into the system of record, separating by funded/unfunded loans.
• Review Notes, Endorsements, and Security Instruments for accuracy and completeness, identifying any errors.
• Advise the Manager, CPS, and/or C/CDE Lender of any identified issues and work to remedy the inaccuracies.
• Prepare shipping manifests to accompany collateral to the assigned warehouse bank.
• Update the system of record accurately and in a timely manner.
• Update the system of record and ensure all supplemental documents are provided to the warehouse bank to clear any suspended collateral.
• Confirm receipt of collateral with the warehouse bank and update the system of record to enable the Funding team to purchase the loan.
• Work on agency loans with FNMA, FHLMC, and GNMA, ensuring compliance with their guidelines.
• Coordinate all ancillary projects concerning collateral materials under the supervision of the Vice President of Post-Closing.
• Perform other duties as assigned, based on competencies and experience.

Requirements

• The ability to read and comprehend Federal, State, Warehouse Bank, and Investor regulations and requirements.
• The ability to review all collateral documents received and identify errors, effectively communicating resolutions required.
• The ability to work independently with minimal supervision while maintaining high productivity.
• The ability to problem-solve issues effectively by collaborating with partners and clients.
• A consistent demonstration of a high level of integrity in all actions.
• The ability to adapt communication and requests to different audiences regularly.
• The ability to discuss matters professionally and effectively with settlement agents, C and CDE Lenders, and other internal parties.
• The ability to manage and meet several competing deadlines without compromising accuracy.
• Have a demonstrated alignment with eLEND's core values through your actions and work ethic.
• Possess a High School Diploma or GED.