Hybrid Collateral Analyst – Pre-Acquisition

at Invictus Capital Partners

• Job title: Collateral Analyst – Pre-Acquisition
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: $65,000 - $70,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Bloomington, United States

About the role

• Pre-Acquisition Collateral Analyst facilitating legal document collateral aspect of mortgage loan acquisition process at Verus Mortgage Capital. Collaborates with sellers and custodian to ensure compliance and process efficiency.

Responsibilities

• Collaborate with sellers and third-party custodial vendor(s) to ensure appropriate documents and data are received and files are processed for acquisition within established timeframes.
• Complete legal document collateral comparison for consistency with price lock including review of Note, Mortgage, Riders & Title. Collaborate with lock desk associates to research and resolve discrepancies.
• Ensure legal document collateral is valid, enforceable, and serviceable to meet all operational components of the business strategies.
• Ability to identify required conditions for missing requirements and/or data elements to facilitate the purchase of a loan in accordance with company guidelines
• Ensure sellers resolve exceptions for initial legal document delivery/transfer in a timely manner for pre purchase.
• Provide guidance and training of Verus requirements to Sellers and Custodian(s) as needed.
• Provide backup support for other acquisition roles as needed.
• Participate in the development and maintenance of processes, policies, and systems to support the acquisition process.
• Complete additional projects & responsibilities as assigned that contribute to the growth & well-being of the company

Requirements

• Undergraduate degree, preferably in finance or business, or equivalent work experience
• Minimum 5 years’ relevant experience in the mortgage, accounting, banking, servicing, or investment banking industry.
• Prior experience working with a mortgage document custodian a plus but not required.
• Intermediate knowledge of mortgage legal documents and collateral for various mortgage products.
• Experience with closing and post-closing legal documents; commercial lending experience is a plus.
• Familiarity with state and federal compliance and regulatory environment.
• Proficiency in Microsoft Excel, Word, and Outlook.
• Data reporting and analysis skills.
• Familiarity with LMS software.
• Ability to handle multiple tasks independently and meet deadlines.
• Strong communication, negotiation, and interpersonal skills.
• Excellent customer service skills.
• Attention to detail and problem-solving abilities.
• Flexibility to support other acquisition roles and projects as needed.

Benefits

• Great compensation package, including competitive base pay
• Discretionary annual bonus opportunity
• Attractive benefits plans and paid time off, including sick time
• 401(k) with company matching
• Professional learning and development opportunities
• Tuition reimbursement
• And much more!