VP Mortgage Collateral & Documentation Leader

Carrington Holding Company; Orange, Northern (CA, KY); Hybrid; USD 150,000 - 170,000; Full time

Benefits offered by this job

Healthcare plans

401(k) match

Educational reimbursement

Employee discounts

Job summary

Carrington Mortgage Services in Orange, CA seeks a Mortgage Collateral Vice President to lead multiple teams ensuring integrity and retention of collateral and original documents for CMS and investors. Policy development, process optimization, and reporting are central to the role, with a target pay range of $150,000-$170,000 plus annual bonus.

You will recruit and develop talent, oversee GSE pooled acquisitions, manage collateral for loan re-pools and investor sales, and ensure timely

Qualifications

• Bachelor’s degree or equivalent work experience.
• Ten (10) years’ experience in banking, finance, loan servicing or related industry.
• Five (5) years’ experience in collateral related actives for residential mortgage loans.
• Three (3+) years in management capacity.
• Strong knowledge of mortgage collateral document requirements for GSE Pool certification, loan sales, custodial chain of title and curative work.

Responsibilities

• Lead recruitment, hiring and development of people to build a high performing team.
• Oversee management of GSE pooled acquisition portfolios and final pool certification.
• Lead collateral needs for Re-Pool of loans and document defect curative.
• Oversee collateral needs for investor sale transactions on non-pooled loans including due diligence.
• Ensure compliance for collection of collateral documents when loans are purchased from a loan pool.
• Maintain relationships with collateral vendors and document custodians.
• Establish eNote process in support of CMS strategic initiative: process, reporting, audit and QC.
• Direct resolution of complex collateral issues and train the team.
• Coordinate with Capital Markets, Treasury and Secondary Marketing.

Skills

Leadership

Strategic planning

Stakeholder management

Communication

Education

Bachelor’s degree

Tools

Microsoft Office

Job description

Carrington Mortgage Services in Orange, CA seeks a Mortgage Collateral Vice President to lead multiple teams ensuring integrity and retention of collateral and original documents for CMS and investors. Policy development, process optimization, and reporting are central to the role, with a target pay range of $150,000-$170,000 plus annual bonus.

You will recruit and develop talent, oversee GSE pooled acquisitions, manage collateral for loan re-pools and investor sales, and ensure timely