Collateral Review Associate (RTL)

About The Role

Built to support the world's largest banks, credit funds, and capital markets counterparties, Setpoint provides critical infrastructure for credit relationships. We're building trust in this system. Setpoint is seeking a Collateral Review Associate (RTL) to join our team!

Who will love this job

• An organizational wizard: You are organized and have exceptional attention to detail.
• A great communicator: You possess excellent written and verbal communication skills.
• A multi-tasker: You can manage multiple priorities and execute them effectively within their deadlines.
• A problem-solver: You can quickly get to expert status in new areas, understand what’s most important, and solve problems.
• A process driver: You can pick up complex systems and design repeatable solutions.

What you’ll do

• Conduct reviews of and validate loan package documentation and materials related to purchasing of property, documents include but are not limited to: credit, background, appraisal, title, HUD-1, flood cert, mortgage, note, guaranty, repair budgets, and entity documents.
• Update internal web applications related to loan package materials and documentation.
• Validate all materials have been updated in the system of record.
• Perform daily operational audits for documentation requirements and data processing.
• Provide assistance in communication with internal and external clients with questions or concerns on collateral.

Qualifications

• 3+ years’ experience in title, valuations, or mortgage loan underwriting.
• Strong computer abilities including intermediate to advanced Excel skills, Microsoft Word, and experience with software interfaces.
• Ability to work independently, prioritize, and plan work activities while also being effective in a group setting.
• Ability to work in our Salt Lake City or Park City office as needed.

About Setpoint

Setpoint provides purpose-built capital and technology to asset-backed borrowers and lenders. Our platform is the funding operating system for originators: it verifies and stores documents; automates critical calculations and compliance reporting; and digitizes assets like homes or cars. Setpoint’s technology makes warehouse transactions instant and error free. In August 2024, Setpoint announced the successful completion of its $31 million Series B funding round. 645 Ventures led the round, with significant strategic investments from Citi and Wells Fargo, alongside Andreessen Horowitz, NextView Ventures, Floating Point, Henry Kravis, Zillow founder’s 75 & Sunny, Vesta Ventures, Fifth Wall, Eltura Ventures, and Outrunner Capital. We offer a comprehensive benefits package that includes competitive salaries, stock options, medical, dental, and vision coverage, 401(k), short term and long term disability coverage, and flexible vacation. We have offices in Austin, TX, New York City, NY, and Salt Lake City, UT with hybrid roles based in these locations and an expectation of two days a week in office (Tuesdays and Thursdays).

Benefits

We offer a comprehensive benefits package that includes competitive salaries, stock options, medical, dental, and vision coverage, 401(k), short term and long term disability coverage, and flexible vacation.

Pay

Competitive salaries are offered.

Schedule

We have offices in Austin, TX, New York City, NY, and Salt Lake City, UT with hybrid roles based in these locations and an expectation of two days a week in office (Tuesdays and Thursdays).