COLLATERAL ANALYST

Overview

The Collateral Analyst is responsible for curing document defects on MSR loans acquired and sold by the company.  The Collateral Analyst will manage the trailing document defect reports provided by our document custodians and MSR counterparties to ensure timely delivery of the outstanding documents to our custodians.  The Collateral Analyst will review and address exception variances between our internal and custodial reporting to confirm accurate monthly holdback reporting to our MSR partners to allow for the timely release of holdback funds. The pay range for this position is $60,000-$68,000 per year. 
 

Responsibilities

Work directly with our document custodians and MSR partners to address outstanding collateral and trailing document exceptions
Prepare and submit release requests to our document custodians
Custodial follow-up on pending releases not processed by the document custodian
Utilize agency, vendor, document custodian, and county recorder’s websites to research and extract data and documents  
Provide guidance to our business partners advising curative actions to address defective collateral documents
Analyze monthly custodian defect reports ensuring accuracy of reports
Work with outside resources to clear collateral defects (i.e. title companies, subservicers)
Meet deadlines for review, analysis and clearance of defects to meet holdback deadlines
Ensuring agency deadlines are achieved through appropriate prioritization
Meet regularly with external business partners to timely resolve outstanding document defects
Evaluate existing internal processes and identify opportunities to improve efficiency
Other tasks as assigned by the Collateral Manager to ensure continued organizational success
 

Qualifications

Knowledge of Agency (FNMA, FHLMC, GNMA) collateral requirements
Strong organizational skills
Ability to meet critical deadlines
Ability to establish and maintain working relationships with co-workers and Lakeview business partners
Excellent communication skills
Must be detail oriented
Working knowledge of Microsoft Excel
Knowledge of collateral and trailing documents
Familiar with document transfer and assignment requirements
 
 
EDUCATION AND EXPERIENCE:
 
Minimum 4-year degree from accredited college or university or equivalent work experience
Experience with collateral/trailing document management and document custodial processes preferred
 
Certifications, Licenses, and/or Registration  
 
None
 
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