Collateral Document Specialist

Position Summary:

Responsible for working with funders, clients, and vendors, to clear funding and suspense requirements; provides support to the department. Responsibilities include pipeline assignment and report management of all incoming documents and preparation of collateral files. Ensures the performance of all duties in accordance with the company’s policies and procedures, all U.S. state and federal laws and regulations, wherein the company operates.

Responsibilities:

• Initiate outgoing wires through Banks, stacks; manages Collateral Package and assign loan documents to Funders for review.
• Manages funding file delivery to shipping/post-closing and manages funding file reviews/turn times.
• Responsible for handling the ordering of all Collateral files requested on a daily basis.
• Files inventory, imaging and logging of Collateral files as received.
• Send files and maintain inventory and tracking of Collateral files.
• Scans and uploads copies to imaging systems and updates servicing systems with current collateral information.
• Ensures satisfaction of all collateral documents used to secure the various loan and collateral types.