Collateral Analyst

Kforce • Anaheim, CA

43d • Onsite

About The Position

The Collateral Analysts will be responsible for collateral file reporting with all custodians of record as well as ensuring the accuracy of reporting for all collateral related data used for business purposes. Use multiple sources of data, systems, and tools to analyze collateral status and documentation, satisfy collateral exceptions, mitigate risk, and independently manage an assigned pipeline of work, while employing prescribed process.

Requirements

• 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
• Familiar with MERS registered loans and effect on Assignment chain

Nice To Haves

• Title Curative, Final certification and re-pooling experience a plus

Responsibilities

• 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
• Track and monitor file location and movement using database systems
• Utilize Microsoft tools such as Excel and Visio for data analysis, reporting, and process flows
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Administrative and Support Services
• Number of Employees: 1,001-5,000 employees