Mortgage Collateral Risk Examiner at TEKsystems

Collateral Risk Examiner

Scope of position

1. Start Date: TBD
2. Job Title: CRE (Collateral Risk Examiner)
3. Why is it open? Due to business needs on the Assumptions Team, they are needing additional support
4. Remote/Onsite/Hybrid: 1 day per week OR 4 day a month – increasing to 2-3 days potentially in 2nd quarter but not confirmed yet. Needs to be open to additional days due to business needs
5. Shift Schedules: 9:30am – 6pm EST (Need to be available for incoming calls)
6. Target Pay: $24/HR | $36/HR (OT)
7. Team/Training: P2P on job training and training videos they will complete

Experience/Skill Set/Personality:

• This candidate will support the Assumptions team (allows you to buy a home by taking over (or "assuming") the owner's mortgage instead of getting a new mortgage)
• Any Mortgage experience is very helpful BUT prefers processing/closing experience.

Day 2 Day:

• Primary function: Daily Incoming calls: 15-20 calls per day
• Primary Function: Checking email inboxes for request (more apps mean more emails it’s hard to gauge how many)
• Answer incoming phone calls -need to be very comfortable speaking with members majority of the day
• Mainly administrative duties. Order outs, notes in system, following up for docs etc.
• Assisting loan processors
• Preferred not a must: Microsoft suite (Excel) -Don’t need excel for reporting but general knowledge for data entry would be good
• Go getter/autonomous person who can work with little direction but is also a team player and can work with others.

Job Description:

• To examine and evaluate documentation provided with subordination requests, collateral changes, and successor in interest processing to protect and support the Equity and Mortgage Lending Portfolios.
• Review, research and analyze appropriate related court notices and title matters.
• Serve as subject matter expert to other business areas for successor in interest processes, collateral changes, and collateral subordinations.

Responsibilities

• Research, respond, and track escalated, complex, and sensitive inquiries relating to successor in interest, subordinations, or collateral change processing
• Provide a high level of expertise to resolve complex inquiries, requests, and problems regarding liens, collateral changes, subordinations, and successor in interest that have escalated beyond initial review
• Provide input to management in the development and implementation of operational improvements, strategies, and initiatives for enhancement
• Review all documents such as power of attorneys, deeds, revocable living trusts, probated list of heirs, and letters of testamentary to determine the successor in interest, as regulated by the CFPB
• Identify risk exposures from mortgage and equity collateral transactions; perform internal/external inquiries and preliminary investigations to protect company's financial assets; control and mitigate potential financial loss
• Review and analyze subordination packages presented for accuracy, completeness, and recommend for approval
• Perform other duties as assigned

Eligibility requirements apply to some

benefits and may depend on your job classification and length of employment.

Benefits are subject to change and may be subject to specific elections, plan,

or program terms.  If eligible, the benefits available for this temporary role

may include the following: 

§  Medical, dental & vision 

§  Critical Illness, Accident, and Hospital 

§  401(k) Retirement Plan – Pre-tax and Roth post-tax contributions

available 

§  Life Insurance (Voluntary Life & AD&D for the employee and

dependents) 

§  Short and long-term disability 

§  Health Spending Account (HSA) 

§  Transportation benefits 

§  Employee Assistance Program 

§  Time Off/Leave (PTO, Vacation or Sick Leave) 

#priorityeast

About TEKsystems:

We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company.

The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.