Collateral Review Associate

Responsibilities

• Conduct reviews of and validate loan package documentation and materials related to purchasing of property, documents include but are not limited to: credit, background, appraisal, title, HUD-1, flood cert, mortgage, note, guaranty, repair budgets, and entity documents.
• Update internal web applications related to loan package materials and documentation.
• Validate all materials have been updated in the system of record.
• Perform daily operational audits for documentation requirements and data processing.
• Provide assistance in communication with internal and external clients with questions or concerns on collateral.

Requirements

• 3+ years’ experience in title, valuations, or mortgage loan underwriting.
• Strong computer abilities including intermediate to advanced Excel skills, Microsoft Word, and experience with software interfaces.
• Ability to work extended hours based on the flow needs of the client - this includes month end, quarter end, and year end increases in volume.
• Knowledge of mortgage and business loans, including underwriting and documentation standards, valuation methodologies and secondary loan markets and servicing and monitoring practices.
• Ability to work independently, prioritize, and plan work activities while also being effective in a group setting.
• Ability to work in our Salt Lake City or Park City office as needed.

Nice-to-Haves

• Organizational skills with exceptional attention to detail.
• Excellent written and verbal communication skills.
• Ability to manage multiple priorities and execute them effectively within deadlines.
• Ability to quickly get to expert status in new areas, understand what’s most important, and solve problems.
• Ability to pick up complex systems and design repeatable solutions.