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Collateral Specialist II

Collateral Specialist II

CompanyNewrez
LocationAmbler, PA, USA
Salary$Not Provided – $Not Provided
TypeFull-Time
Degrees
Experience LevelMid Level

Requirements

  • High School diploma.
  • 2+ years of experience in mortgage funding/closing environment preferred
  • Working knowledge and proficiency on all Microsoft Office products (especially Excel, Word, Outlook)
  • Excellent verbal and written communication skills
  • Excellent customer service skills
  • Strong proof-reading skills
  • Works well under stress
  • Strong time-management skills
  • Flexible with process changes and system updates
  • Strong written and verbal communication skills

Responsibilities

  • Review funding loan packages to ensure that closing documents are included and correct
  • Follow up with the necessary parties to obtain corrections on closing documents
  • Prepare and work daily reports to avoid late delivery penalties
  • Identify errors in closing documents then follow through with corrections
  • Correspond with the escrow/title companies, internal customers, and/or brokers in performing all tasks associated with obtaining and reviewing pertinent mortgage documents
  • Daily reporting to management of outstanding document exceptions to avoid penalties and the delay of loan sales
  • Daily monitoring of new and ongoing document exceptions
  • Working with internal departments and external companies to coordinate the resolution of exceptions and errors. Such as brokers, title company, warehouse facilities
  • Responsible for processing the release of documents to warehouse banks
  • Communicate with custodian/warehouse bank to confirm processes and expectations
  • Maintaining data integrity in our internal systems for dates, data tracking and reporting
  • Performs related duties as assigned by supervisor.

Preferred Qualifications

  • 2+ years of experience in mortgage funding/closing environment preferred