Collateral Manager
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Job Location:
Draper, UT - USA
Monthly Salary:
Not Disclosed
Posted on:
22 hours ago
Vacancies:
1 Vacancy
Job Summary
Job Title: Collateral Manager
Location: Draper
Job Type: Full-time
Company: Village Capital & Investment LLC
Introduction:
Village Capital is a well-established mortgage company committed to delivering a quick efficient and quality mortgage loan process to our customers and business partners. We are a nationwide mortgage lender specializing in FHA VA USDA Loans. Our Headquarters are located in Henderson NV. We are a lender/servicer who works with loan originators brokers and correspondents to offer our customers great rates and good terms.
About the Role:
Were looking for a detail-oriented Collateral Review Specialist to join our team. This role is critical in ensuring the accuracy of Collateral documents delivered after loan closing. Youll be responsible for reviewing these documents identifying errors and coordinating to get them corrected quickly and accurately.
Key Responsibilities:
- Manage a team of 6-8 employees
- Pipeline Management: Oversee the daily tracking and shipment of original loan notes and collateral packages to Custodian Bank.
- Quality Control: Review collateral file escalations (Notes Mortgages Riders Allonges) for accuracy and enforceability before shipping.
- Exception Resolution: Proactively monitor and clear any collateral exceptions or breaks identified by warehouse banks or custodians.
- Vendor & Partner Liaison: Maintain relationships with Custodian Bank settlement agents and secondary marketing departments to ensure timely purchase and funding.
- Compliance:
Basic Qualifications:
- Experience: 5 years in Mortgage Post-Closing Collateral Management or Secondary Marketing.
- Knowledge: Deep understanding of FNMA FHLMC and GNMA collateral requirements.
- Technical Skills: Proficiency in Loan Origination Systems (LOS) and advanced Excel (ability to manage complex logs and reports).
- Detail-Oriented: Ability to identify document discrepancies (signatures notary seals endorsements) that others might miss.
- Communication: Strong ability to collaborate across departments and with external vendors/custodians.
Benefits:
- 401(k) matching
- Dental insurance
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
In Summary:
If you are looking for an opportunity to contribute to a growing organization that values your skills and expertise we want to hear from you. At Village Capital & Investment LLC we believe in fostering a supportive and inclusive work environment that encourages professional growth. Apply today to take the next step in your career with us!
Required Experience:
Manager
Key Skills
- Restaurant Experience
- Customer Service
- Employee Evaluation
- Management Experience
- Math
- Employment & Labor Law
- Sanitation
- Leadership Experience
- P&L Management
- Mentoring
- Supervising Experience
- Restaurant Management
