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Operations Support

Posted 13 days ago

  • Expiry Date: 21 July 2022
  • Referral:

Job Description:

  • Daily loan servicing including borrowing/funding requests, settlement/paydown processing Collateral review, and management: load and review of daily custodial reports; coordinate with external document custodian on exceptions.

  •  Execution of collateral releases for the shipment of loan documents to investors purchasing loans off the warehouse line.

  •  Borrowing base management: monitoring warehouse line expiration dates, advance limits, and deficiencies; coordinating with client and Business Unit as needed.

  • Where applicable, coordinate with Credit and Business Unit on temporary exceptions Daily review of exception/break reports and taking appropriate actions to resolve Preparation and distribution of periodic interest & fees invoices Fielding other ongoing/ad hoc inquiries/requests from clients.

Skills Required:

  • Proficiency with MS Excel, strong multi-tasker.

  • Ability to work in a fast-paced environment independently and as part of a team.

  • Strong verbal and written communication skills.

Skills Desired:

  • Previous experience in financial services operations, in particular knowledge of warehouse lending and collateral, or residential and consumer lending Knowledge of the secondary mortgage market, including involvement of government-sponsored enterprises (i.e. Freddie Mac, Fannie Mae).

About ASK: ASK Consulting is an award-winning technology and professional services recruiting firm servicing Fortune 500 organizations nationally. With 5 nationwide offices, two global delivery centers, and employees in 42 states-ASK Consulting connects people with amazing opportunities.

ASK Consulting is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all associates.