Servicing Collateral Specialist
| Company | Servbank |
|---|---|
| Location | Phoenix, AZ, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | |
| Experience Level | Entry Level/New Grad, Junior |
Requirements
- Previous work in loan servicing, collateral management, or banking is preferred.
- Analytical Skills: Ability to analyze financial documents and collateral information.
- Attention to Detail: Accuracy in reviewing and processing documents.
- Organizational Skills: Ability to manage multiple tasks and prioritize effectively.
- Communication Skills: Good written and verbal communication.
- Technical Skills: Proficiency in Microsoft Office, especially Excel, and familiarity with loan servicing software.
- Team Player: Works well with others.
- Customer Service: Focused on providing excellent service.
- Ethical Standards: High level of integrity and ethical standards.
Responsibilities
- Request the original collateral from the custodian for Loan Modifications, CEMA, Foreclosures and Repurchases on servicing and subservicing loans.
- Reconcile all Foreclosure files requested weekly and communicate discrepancies to the Default team or clients.
- Run daily reports within SIME to reconcile default files, prepare 11708 forms with Liquation codes, and upload to SIME and Deutsche Bank.
- Review CEMA packages in their entirety, and condition for any missing documentation.
- Retain and maintain a log for all collateral received, to include contents and tracking information.
- Review, Research and Resolve all CEMA request entered in the CEMA inbox daily.
- Review, Research and Resolve all inquiries within the Collateral Support Inbox daily.
- Responsible for completing monthly warehouse reconciliations for servicing and subservicing loans.
- Team member is also responsible to package, log and ship all recorded modifications and/or trailing documents back to Clients.
Preferred Qualifications
- Previous work in loan servicing, collateral management, or banking is preferred.