Collateral Specialist

Title: Collateral Specialist

Location: Coppell, TX(Onsite)

Department: Originations Post Closing

Primary Function

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

Principal Duties

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.

Education and Experience Requirements

High School diploma.

1-2-year(s) experience in mortgage funding/closing environment preferred

Working knowledge and proficiency on all Microsoft Office products (especially Excel, Word, Outlook)

Knowledge, Skill and Ability Requirements

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

By applying to this position candidate acknowledges that this is not a remote role and is required to be on-site.