Temporary Collateral Analyst
Carrington Holding Company, LLC · Orange, CA · 2 wk ago
On-siteFinanceFull-time
What You'll Do
- Perform audits of loan level collateral file documentation, exceptions, and inventory across multiple custodians of record through the analysis and reconciliation of documents, reports, and internal tracking systems.
- Independently resolve and/or correct exceptions related to missing, incorrect, unrecorded, illegible, damaged, or otherwise unusable documents required in a mortgage collateral file.
- Act as point of contact and escalation for pool and collateral level exception resolution.
- Provide training support to team and business process.
- Track and monitor file location and movement using database systems.
- Familiar with MERS registered loans and effect on Assignment chain.
- Utilize Microsoft tools such as Excel and Visio for data analysis, reporting, and process flows.
- Employ the highest levels of collateral documentation expertise to execute against business strategy, ensuring production objectives are achieved within the desired timeframe and risk tolerances.
- Apply a high degree of initiative-taking and resourcefulness to satisfy exceptions through various forms of documentation and/or data, within a specified timeframe.
- Analyze assigned body of work for initial, final, and/or recertification of pools.
- Create, manage, and maintain required daily, weekly, and monthly status reporting of assigned pools, collateral files, exceptions, collateral location, collateral movement, and pipeline.
- Prepares, organizes, maintains, and analyzes data for reporting to senior management on assigned pipeline, projects, and business processes.
- Perform analysis of reporting data for on-site inventory of collateral files and trailing documents.
- Work closely with custodians, vendors, and clients to ensure accurate and timely reconciliation of exceptions, data, initial certification, final certification, and/or recertification of pools, while providing the highest levels of service.
- Create and maintain documentation of processes, reports, applications, and procedures as per department policy.
What You'll Need
- Bachelor’s degree or equivalent work experience.
- Two (2) or more years related experience in collateral, report development, data analysis, mortgage loss mitigation, and/or curing documentation.
- Title Curative, Final certification and re-pooling experience a plus.
This is an onsite position in Orange, CA.
Pay
The pay is $25.00 an hour.
What We Offer
- Comprehensive healthcare plans for you and your family.
- Carrington Charitable Foundation contributes to the community through causes that reflect the interests of Carrington Associates.
To read more visit: www.carringtonmortgage.com.