MERS Systems Administrator II

Pennymac • Fort Worth, TX

115d • $39,000 - $55,000

About The Position

The MERS Administrator is responsible for performing MERS (Mortgage Electronic Registration System) related functions timely and accurately, in accordance with MERS Rules and MERS policy and procedures. As the Administrator, you will also be responsible for monitoring and managing the Transfer of Service (TOS) and Transfer of Beneficiary (TOB) for all acquisitions. The MERS Administrator will perform functions within the MERS system (i.e. registrations, deactivations, TOS, and TOB) timely and accurately, monitor and manage the volume for all acquisitions, and perform TOS and TOB processes, remaining in compliance with MERS rules and regulations. You will actively interact with the Servicing Transfer Management team regarding acquisitions, maintain a responsible, courteous and professional relationship with other MERS members (lenders, servicers, investors, etc.), complete MERS loan identification number (MIN level) research for any escalated MERS related inquiry, review all internal MERS reports, and execute all necessary updates to the MERS system daily. Additionally, you will perform other related duties as required and assigned, demonstrating behaviors which are aligned with the organization’s desired culture and values.

Requirements

• Bachelor’s degree or equivalent work experience
• 1+ years of mortgage or finance industry experience, preferably in loan servicing with MERS knowledge
• Demonstrated ability to make decisions independently within set policies and procedures
• Ability to train and be trained on various lien release-related tasks
• Must be highly proficient in Excel and Word

Responsibilities

• Perform functions within the MERS system (i.e. registrations, deactivations, TOS, and TOB) timely and accurately
• Monitor and manage the volume for all acquisitions, and perform TOS and TOB processes, remaining in compliance with MERS rules and regulations
• Actively interact with the Servicing Transfer Management team with regards to acquisitions
• Maintain a responsible, courteous and professional relationship with other MERS members (lenders, servicers, investors, etc.)
• Complete MERS loan identification number (MIN level) research for any escalated MERS related inquiry
• Review all internal MERS reports, and execute all necessary updates to the MERS system daily
• Perform other related duties as required and assigned
• Demonstrate behaviors which are aligned with the organization’s desired culture and values

Benefits

• Comprehensive Medical, Dental, and Vision
• Paid Time Off Programs including vacation, holidays, illness, and parental leave
• Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
• Retirement benefits, life insurance, 401k match, and tuition reimbursement
• Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees