Onsite Collateral Analyst, Team Lead

Carrington Mortgage Services, LLC; Orange (CA); On-site; USD 41,000 - 44,000; Full time

Benefits offered by this job

Healthcare plans

401(k) match

Employee discounts portal

Educational reimbursement

Referral bonuses

Job summary

Carrington Mortgage Services in Orange, CA seeks a Collateral Analyst Team Lead to drive data analysis, production monitoring, and escalation for collateral operations. You will mentor staff, coordinate with management, investors, custodians, and vendors to ensure timely, accurate collateral scheduling and certifications.

The role requires a bachelor’s degree or equivalent, advanced knowledge of collateral documentation and mortgage terminology, and strong MS Office skills.

Qualifications

• Bachelor’s degree or equivalent job experience.
• Advanced knowledge of collateral file documentation.
• Knowledge of mortgage industry terminology.
• 4–6 years of mortgage collateral document experience.

Responsibilities

• Serve as the first level of escalation for matters requiring resolution.
• Analyze issues, proactively identifying solutions, and ensuring timely resolutions.
• Improve processes, strategies, and execution of day-to-day collateral operations.
• Train and mentor junior staff as needed.
• Prepare, analyze, and monitor data related to production and collateral status.
• Resolve exceptions in mortgage collateral documents.
• Collaborate with management, investors, custodians, and vendors to support certifications.

Skills

Advanced collateral documentation

Mortgage terminology knowledge

Education

Bachelor’s Degree or equivalent

Tools

Microsoft Word

Microsoft Excel

Microsoft Outlook

Job description

Come join our team and work in our Orange office!

The Collateral Analyst Team Lead will be responsible for the creation, maintenance, and analysis of large datasets and management reports to support collateral operations. Serves as initial point of contact, and subject matter expert, on escalations, special projects, initiatives, and junior team member support. Interfaces with management, team members, investors, custodians, and vendors to achieve operational goals and objectives. Monitors team activity to proactively identify production progress, operational opportunities, and collateral related remediation efforts. Perform all duties in accordance with the company’s policies and procedures and all US states and federal laws and regulations, wherein the company operates. The target pay range for this position is $30.00-$32.00 an hour.

What you’ll do:

• Serve as the first level of escalation for matters requiring resolution.
• Responsible for analyzing issues, proactively identifying solutions, and ensuring timely resolutions.
• Proactively serve to improve processes, strategies, and execution of day-to-day operations of collateral analysts.
• Establish goals, deadlines, and monitor team progress against deadlines.
• Train and mentor junior level staff as needed.
• Proactively initiate, lead, participate in, and monitor department initiatives and special projects as a subject matter expert.
• Work in conjunction with team members, custodians, management, and various stakeholders to deliver accurate, timely, and comprehensive support to clear collateral scheduled to be initial certified, final certified, recertified, and / or transactions that remove loans from pools.
• Independently resolve and/or correct exceptions related to missing, incorrect, unrecorded, illegible, damaged, or otherwise unusable documents required in a mortgage collateral file.
• Serve as a key point of contact for management, team members, stakeholders, and affiliates.
• Perform daily preparation, analysis, and monitoring of data relating to production, pipeline movement, projects, business process, collateral status, and inventory.
• Generate, monitor, and analyze reporting of collateral file movement and collateral exceptions.
• Conduct data querying, manipulation, transformation, and analysis of large datasets.
• Apply a high degree of proactive resourcefulness to satisfy exceptions through various forms of documentation and/or data, within a specified timeframe.
• Ensure service standards, policies, procedures and are adhered to and client needs are met.
• Perform other duties as assigned.

What you’ll need:

• Bachelor’s Degree or equivalent job experience.
• Advanced knowledge of collateral file documentation
• Knowledge of mortgage industry terminology
• Strong working knowledge of Microsoft Suite of Applications (Word, Excel, Outlook, etc.)ur (4) to six (6) years of mortgage collateral document experience.

Our Company:

Carrington Mortgage Servicesis 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 the opportunity to work with friends (and get some extra cash in your pocket!).
• 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.

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