Collateral Review Associate (RTL)

About the role

Behind many of life's most important transactions , buying a house, applying for a mortgage, getting a small business loan, or refinancing a credit card , is a network of credit relationships. Setpoint provides critical infrastructure for relationships between the world's largest banks, credit funds, and capital markets counterparties.

We're looking for a Collateral Review Associate (RTL) to join our team!

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.

Benefits

We offer a comprehensive benefits package that includes competitive salaries, stock options, medical, dental, and vision coverage, 401(k), short term and long term disability coverage, and flexible vacation.