Onsite Collateral Analyst

Carrington Mortgage Services; California (MO); On-site; USD 52,000 - 56,000; Full time

Benefits offered by this job

Comprehensive healthcare plans

401(k) match

Employee discounts

Customized training programs

Employee referral bonuses

Educational Reimbursement

Carrington Charitable Foundation

Job summary

Carrington Mortgage Services in Anaheim, CA is seeking a Collateral Analyst to manage collateral file reporting and ensure data accuracy across custodians. You will analyze status, resolve exceptions, and prepare ongoing reports for senior management, using Excel and Visio to support data-driven decisions.

The role requires a bachelor’s degree and 2+ years of collateral or data analysis experience; mortgage-related certification is a plus.

Qualifications

• Bachelor’s degree or equivalent work experience.
• 2+ years related experience in collateral, report development, data analysis, mortgage loss mitigation, and/or curing documentation.
• Final certification and re-pooling experience a plus.

Responsibilities

• Audit loan-level collateral file documentation, exceptions, and inventory across custodians through analysis and reconciliation.
• Independently resolve/correct exceptions related to missing/incorrect/unrecorded documents in collateral files.
• Act as point of contact for pool and collateral level exception resolution.
• Provide training support to team and business processes.
• Track and monitor file location and movement using database systems.
• Create and maintain daily, weekly, and monthly status reporting of pools, collateral files, exceptions, and movement.

Skills

Data analysis

Excel

Visio

Reporting

Education

Bachelor’s degree or equivalent

Tools

Database systems

Job description

Job Description

Come join our amazing team and work in our Anaheim, CA office!

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. 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 processes. Perform all duties in accordance with the company’s policies and procedures, all US state and federal laws and regulations, wherein the company operates. The pay for this position is $25.00 an hour.

What you'll do:

• 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.
• Provide training support to team and business process.
• Track and monitor file location and movement using database systems.
• Familiar with MERS registered loans and effect on Assignment chain.
• Utilize Microsoft tools such as Excel and Visio for data analysis, reporting, and process flows.
• Employ the highest levels of collateral documentation expertise to execute against business strategy, ensuring production objectives are achieved within the desired timeframe and risk tolerances.
• Apply a high degree of initiative-taking and resourcefulness to satisfy exceptions through various forms of documentation and/or data, within a specified timeframe.
• 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.

What you'll need:

• 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.
• Final certification and re-pooling experience a plus.

Our Company:

Carrington Mortgage Services is part of The Carrington Companies, which provide integrated, full-lifecycle mortgage loan servicing assistance to borrowers and investors, delivering exceptional customer care and programs that support borrowers and their homeownership experience. We hope you’ll consider joining our growing team of uniquely talented professionals as we transform residential real estate. To read more visit: www.carringtonmortgage.com.

What We Offer:

• Comprehensive healthcare plans for you and your family. Plus, a discretionary 401(k) match of 50% of the first 4% of pay contributed.
• Access to several fitness, restaurant, retail (and more!) discounts through our employee portal.
• Customized training programs to help you advance your career.
• Employee referral bonuses so you’ll get paid to help Carrington and Vylla grow.
• Educational Reimbursement.
• Carrington Charitable Foundation contributes to the community through causes that reflect the interests of Carrington Associates. For more information about Carrington Charitable Foundation, and the organizations and programs, it supports through specific fundraising efforts, please visit:carringtoncf.org.

California Privacy Notice: https://oag.ca.gov/privacy/ccpa

Company Description

Carrington Mortgage Services is part of The Carrington Companies, wh