COLLATERAL SPECIALIST at Bayview Asset Management

Horsham Township, Pennsylvania, United States -

Full Time

Start Date

Immediate

Expiry Date

21 Jul, 26

Salary

0.0

Posted On

22 Apr, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Collateral management, Mortgage banking operations, Document reconciliation, Compliance, Data analysis, MS Word, MS Excel, Communication, Organizational skills, Shipping processes, Custodial processes, Loan-level data management, Reporting, Problem solving

Industry

Financial Services

Description

Overview Overview The Non-Agency Collateral Analyst is responsible for the delivery of collateral documents in accordance with master repurchase agreements, selling guidelines, contracts and/or mandatory commitments. This position is responsible for ensuring timely deliveries, as well as for investigating and resolving document and data discrepancies. RESPONSIBILITIES Receive and reconcile collateral documents from correspondent clients. Responsible for reviewing documents and images to ensure compliance with internal product requirements, GSE requirements, warehouse investor contracts and/or mandatory commitments. Ability to review product specific collateral and entity specific signature requirements. Prepare and package collateral files for delivery to the document custodian. Communicate with upstream and downstream business partners on suggestions for process improvements as well as updating of loan- level data. Communicate internal departments when self-funding process applies. Collaborate with internal departments to investigate and resolve document and data deficiencies cited by investors/document custodians. Communicate with document custodian regarding shipping and delivery activity as necessary. Track and reconcile collateral status and exception reports. This includes updating internal systems as required to ensure deficiencies have been properly identified. Provide assistance and guidance to correspondent clients and internal business partners to ensure clarity of requirements needed to cure. (May include providing samples of defective collateral) Provide requested reporting to internal departments as necessary. Assist department with special projects and handle additional tasks as assigned by Management as Act in accordance with company guidelines, policies and procedures. Qualifications College degree preferred or 2 years equivalent experience in mortgage banking operations (i.e. Document Management, Document Custodian, Post Closing, etc.) Familiarity with current mortgage banking practices. Understanding of shipping and custodial processes and policies a plus. Must also have the following demonstrated knowledge, skills and abilities: Strong interpersonal and organizational skills and ability. Excellent verbal and written communication skills. Proficiency and working knowledge of MS Word and Excel. Ability to work under pressure in order to meet deadlines in a constantly changing environment. Ability to work overtime. EEOC Bayview is an Equal Employment Opportunity employer. All aspects of consideration for employment and employment with the Company are governed on the basis of merit, competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.

Responsibilities

The Collateral Specialist is responsible for reconciling and delivering collateral documents in compliance with investor guidelines and contracts. They also investigate and resolve document discrepancies while communicating with internal departments and business partners.