Collateral Specialist

NQM Funding•Boca Raton, FL

6d•$45,000 - $50,000•Onsite

About The Position

Are you ready to be part of a dynamic and innovative mortgage company that prioritizes relationships over transactions? At NQM Funding, LLC, dba Premier Mortgage Associates, we have been dedicated to turning dreams of homeownership into reality for over 25 years. We believe in building enduring relationships with our clients, providing personalized mortgage solutions that truly put their needs first. Our commitment to excellence and integrity sets us apart, allowing us to close loans based on genuine connections rather than mere leads. Embark on a fulfilling career where your dedication to client satisfaction is valued and makes a real difference. Join our team and discover a path where passion aligns with excellence, providing daily opportunities to make a significant difference. Apply today and become part of our journey to create homeowner success stories! Our Corporate office is looking to hire a Collateral Specialist. This position is not remote.

Requirements

Critical thinking and problem-solving skills
Planning and organizing
Decision-making
Communication skills
Persuasiveness
Influencing and leading
Delegation
Teamwork
Negotiation
Conflict management
Adaptability
Stress tolerance
Degree: High School Diploma or Equivalent.
Encompass experience preferred.
3+ years prior experience preferred.

Responsibilities

Reviewing daily mail and processing all incoming collateral received.
Process daily shipping of collateral to various warehouse banks, if assigned.
Review and clear exceptions with warehouse banks to ensure collateral is received and processed promptly to the investors, if assigned.
Review daily report on outstanding notes not received and place calls to settlement/escrow agents to obtain the documents within specific timeframes to meet warehouse turn times, if assigned.
Review incoming correspondent collateral for any defects prior to purchase.
Conditioning and clearing of collateral documents for Correspondent Channel when needed.
Effectively communicate and coordinate condition resolution with Correspondent Clients in writing.
Assisting Correspondent Clients with hypothetical Collateral issues and scenarios.
Maintains current knowledge of policies and procedures as they relate to document requirements for warehouse banks, Investors and Custodians.
Maintains familiarity with residential and commercial mortgage documents.
Works directly with Post-Closing, PC-Support, Shipping and Purchase Acquisition Coordinators.
Perform other duties as assigned