Collateral Analyst (mortgage loans)

Collateral Analyst (mortgage loans) Details:

• Contract position
• $23.00 /hour
• First Shift (Monday through Friday)

The Collateral Analyst 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. Will audit loan paperwork.

• 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.
• Act as point of contact and escalation for pool and collateral level exception resolution.  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.
• Create and maintain documentation of processes, reports, applications, and procedures as per department policy.