Mortgage (NQM) Operations Administrator I

The NQM Operations Administrator I is responsible for implementing and overseeing operational processes for NQM Correspondent purchase and sales by developing the infrastructure, documentation and workflow for controlled, efficient execution of processes.

PRINCIPAL DUTIES AND RESPONSIBILITIES

1. Builds and manages infrastructure for purchasing loans including, collateral tracking, documentation review, and servicing on-boarding.
2. Manages purchases; checks documentation for funding and creates and sends funding request.
3. Downloads and checks final documents.
4. Tracks and manages collateral shipping.
5. Downloads and standardizes pipeline files.
6. Creates Selene boarding file and boarding documents, and manages weekly Selene/SPS boarding uploads.
7. Manages cancellation documentation.
8. Updates workflow.
9. Assists in the execution and documentation of loan sales by preparing, organizing, and communicating biweekly trades, confirming pricing with sellers, and sending documentation for execution.
10. Assists in the underwriting and onboarding of new clients by managing counterparty onboarding, requesting vendor reviews, and gathering counterparty information.       
11. Prepares initial company overview.
12. Coordinates with Banking division for account opening.

Non-Essential Functions: Performs other duties as assigned.

EDUCATION AND/OR EXPERIENCE

• High School Diploma, or equivalent, required.
• 1-2 years’ mortgage processing, documentation and/or operations experience, required.

KNOWLEDGE, SKILLS, AND ABILITIES