Collateral Specialist

JOB SUMMARY:

The Collateral Specialist is responsible for supporting the effective use of loan system applications for the benefit of the mortgage warehouse.Research and implement best process practices and leverage the use of technology and automation to ensure mortgage warehouse processes are efficient, accurate, and service-focused.Create, maintain, and monitor reports to support the needs of the mortgage warehouse team and become a subject matter expert on the bank systems, along with an understanding of the end-to-end process of warehouse loans.

RESPONSIBILITIES INCLUDE, BUT ARE NOT LIMITED TO:

• Check in Notes received
• Prepare outgoing Note shipments
• Check in collateral with Custodians daily
• Prepare Allonges using POAs as needed
• Maintenance and weekly audit of onsite collateral
• Mail Log
• Prepare Notes for bulk sale/trade shipments
• Proficiency with WLS, Jack Henry, SmartSheet, SharePoint, and FundingShield
• Knowledge and Understanding of Loan Products
• Submit new settlement agents to FundingShield, add new agents to WLS as needed
• Performs other duties as may be assigned.

REQUIRED KNOWLEDGE SKILL AND ABILITY:

To perform the job successfully, an individual should demonstrate the following competencies:

• Knowledge / Proficient with all aspects of MS Word, MS Excel, MS Outlook, and Internet.
• Possess excellent human relations, communications, and business writing skills.
• Possess effective time management and organizational skills.
• Demonstrates teamwork in facilitating workflow.High level of cooperation with others and is responsive to the Bank's needs.
• Exemplary motivation, enthusiasm, professionalism, and team skills.
• Have a high level of accuracy and great attention to detail.
• Strong analytical and problem-solving skills
• Demonstrates excellent customer service skills.
• Ability to cope with pressure resulting from meeting required deadlines, reporting requirements, and training responsibilities.
• Exhibit a high degree of professionalism and confidentiality in handling and having access to sensitive customer or employee information.
• Ability to handle constant use of tact, discretion, and good judgment.

EDUCATION AND EXPERIENCE:

High school diploma or GED equivalent required. Minimum of 1 year Technical and Loan Experience.

WORK ENVIRONMENT:

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, scanners, filing cabinets, and fax machines. The noise level in the work environment is usually moderate. The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

PHYSICAL DEMANDS:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. While performing the duties of this job, the employee is frequently required to stand; use hands to handle or feel; reach with hands and arms and talk or hear. The employee is occasionally required to walk and sit. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision and the ability to adjust focus.

Bank of the Sierra is proud to be an equal opportunity workplace and is an affirmative action employer committed to equal employment opportunities regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.

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