Senior Process Associate - Collateral (US Mortgage)

Job Title/Designation – Sr. Process associate- Collateral Management (US Mortgage)
Exp- 2-3 years’ experience in US Mortgage
Shift- 4 PM to 1AM (5 days working)
Education- Graduate
Location –Gurgaon

SPA- Collateral Management The Collateral Management Specialist ensures accurate management and documentation of mortgage loans and mortgage-backed securities. The role involves reviewing and processing collateral documentation, maintaining compliance with federal regulations, managing risk, and collaborating with stakeholders like loan originators, investors, and internal teams.

Key Responsibilities:

• Documentation: Verify and process loan documents, including notes and titles, ensuring completeness and accuracy of documents as per state/ federal law and investor guideline.
• Tracking & Reporting: Maintain records of collateral assets, monitor movements, and generate reports on discrepancies.
• Compliance & Risk Management: Ensure adherence to mortgage regulations and resolve collateral deficiencies.
• Collaboration: Coordinate with stakeholders to resolve issues and align processes.
• System Improvement: Utilize and enhance collateral management systems and processes.

Essential Functions:

• Perform tasks as per the defined guidelines.
• Gather pertinent information from documents
• Search for required docs in internal system and in public records and reach out to external parties as needed
• Follows up with vendors attorneys, prior servicer, onboarding team for pending documentation.
• Email Communication with US team, Vendor, investor and prior servicer as per process requirement
• Reviewing & Documents as per the process requirements.

Competencies/Skill:

• Communication skills – Effective verbal and written communication
• Must be able to work in a team environment
• Analytical ability- Eye to detail (Should be able to handle large data)
• Quantitative skills – Good with numbers
• MS Excel – should be at least intermediate level.

Education and Experience:

• Must be a graduate / Postgraduate
• 2-3 years of US Mortgage (Servicing) experience is must.
• Fair knowledge of FNMA/GNMA/FHLMC guideline will be an added advantage.
• Knowledge of Fiserv/LoanServ/Sagent system
• Knowledge of Collateral management function will be an advantage
• Knowledge of Collateral document ( Deed, Mortgage Note, Allonge, Assignment, Title Docs Etc.).
• Knowledge/experience of post closing/origination

About BSI Financial

Founded in 1986, we provide financial services that support our vision of enabling sustainable home ownership by practicing core values that embody doing what is right; emphasizing problem solving; delivering on expectations and winning with humility. Our clients include lenders and investors who make home financing possible.

BSI Financial was ranked multiple times in the SMU Dallas 100 list of the fastest growing
companies in North Texas and was twice named to the Inc. 5000 list of the fastest growing U.S

EEO Statement
We are an equal employment opportunity employer. All qualified applicants will be considered for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status, or any other characteristic protected by law.