Senior Process Associate - Collateral (US Mortgage)

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

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