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Collateral Inventory Control Specialist

Company: Fairway Independent Mortgage Corporation
Location: Madison
Posted on: October 17, 2020

Job Description:

The Collateral Inventory Control position ensures all inbound collateral packages are received, logged, assigned for processing and shipped to meet warehouse banks/investor allotted time frames. Communicates with Collateral Manager and Collateral Processors in a timely, efficient, and courteous manner. Controls the workflow from the point of entry to the point of exit within the Collateral Processes.Essential Job Functions: Prepares/Ships the Collateral File which consists of the Original Note, a copy of the Security Instrument and the Title Commitment to Fairway's Warehouse Banks within their delivery guidelines. Delivers Closing Packages and Collateral Files to various locations throughout the collateral process. Assists in receiving and logging all incoming closing packages from morning mail. Uses reporting to locate priority loans and assign them to processors for same day processing. Creates and runs daily shipping reports to ensure all completed files are shipped accurately. Performs quality control checks of Collateral Packages shipping to Warehouse Banks. Organizes and arranges inventory of closed loan packages stored in the collateral vault. Responds to internal requests for updates, details or general information in regards to areas of responsibility. Assists in collateral processing during high peak times.Non-essential job functions: Participates in and leads proactive team efforts to achieve departmental and company goals Adopts Fairway values in personal work behaviors, decision making, contributions and interpersonal interactions Contributes to a positive work environment by demonstrating cultural expectations and influencing others to reward performance and value "can do" people, accountability, diversity and inclusion, flexibility, continuous improvement, collaboration, creativity and fun Performs other duties as assignedPreferred Knowledge and Skills: Solid knowledge and understanding of mortgage loan documents and related required documentation Solid knowledge and understanding of customer service best practicesRequired Education and Experience: High School diploma or equivalency degree Two years of office experience or one year of mortgage related experience Demonstrated experience in analytical, critical thinking, and research techniques Demonstrated experience producing accurate and detailed work on multiple tasks under pressure Demonstrated experience with attention to detail, time management, written and oral communication, multi-tasking, and working in a team atmosphere adhering to tight deadlines Demonstrated experience with MS Office software products (Access, Excel, PowerPoint and Word)Physical Environment: This position is primarily an in office position Normal office environment Requires the ability to lift and move files up to 25 lbs.indeedJob Posting Title (Candidate Facing): Collateral Inventory Control Specialist External Company Name: Fairway Independent Mortgage Corporation External Company URL: www.fairwayindependentmc.com Street: 4801 South Biltmore Lane

Keywords: Fairway Independent Mortgage Corporation, Madison , Collateral Inventory Control Specialist, Professions , Madison, Wisconsin

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