Collateral Manager jobs in Bridgeport, CT

Job Title: Collateral Analyst

Location: Westport, CT

Lendmarq is actively seeking a Collateral Analyst to join our dynamic team in Westport, CT.

As a Collateral Analyst, your ability to prioritize, stay organized and communicate effectively will be critical to this function and the Company’s growth. Primary responsibilities include efficiently tracking and storing incoming loan packages followed by shipment to the appropriate custodian.

Work Location:

The candidate must reside within a commutable range of our Westport, CT office or be planning to relocate before starting work. (Required)

Our standard working hours are Monday – Friday 8:30 AM - 6:30PM.

Essential Functions:

·         Receive physical legal documentation for real estate loans to office from loan closings.

·         Organize received legal documents and update the system as appropriate to identify receipt and review of documents, using checklists.

·         Update the system to ensure accurate tracking of all legal documents.

·         Follow up with settlement agents / title companies on missing documents.

·         Coordinate with Head of Loan Trading to provide information regarding documents.

·         Follow up and track trailing documents and update the system as appropriate.

·         Notarize document signatures as necessary.  

·         Assist with system updates as necessary to ensure proper organization of information.

·         Maintain an orderly and comprehensive file system that can be reported on to stakeholders.

·         Prepare documentation and process maps on collateral process and management for use in company reporting and presentations. 

·         Prepare various Assignment of Mortgages, Allonges and related documents for stakeholders.

·         Prepare loan package/s prior to shipment to custodians.

·         Scan prepared final loan package/s and complete shipment to proper custodians.

·         Record documents and manage UCC filings and releases.   

·         Maintain a professional image and standards consistent with company policies and procedures.

·         Responsible for a high level of confidentiality and security while handling personal information; verbal and/or written documentation.

·         Assist leadership by performing other duties as assigned.

·         Communicate clearly.

Requirements

Experience and Training

·         Paralegal or real estate experience with functional understanding of real estate loan documents.

·         MS Office Tools and Microsoft Excel

·         Meticulous organization skills, attention to details

·         Communication skills to coordinate with stakeholders regarding collateral status

·         Flexibility to adapt to peak periods of heavy workload and pressure

Benefits

Benefits:

·         Health Insurance 

·         401(k) Plan

·         Employee Assistance Program

·         Life Insurance

·         Paid Time Off

·         Optional Health Savings Account & Flexible Spending Account

Who We Are:

Lendmarq is a specialty real estate lender providing bridge and term loan products to residential real estate investors throughout the country. Lendmarq is headquartered in Miami, FL and is a direct private lender for Real Estate professionals, with additional offices in Westport, CT, and NYC. Lendmarq specializes in providing business-purpose mortgage loans for non-owner-occupied investment properties.  We offer fix/flip bridge loans and long-term rental financing.  Lendmarq is neither a broker nor a bank, but a fully funded lending partner.  Lendmarq and its affiliates have extensive real estate experience and are known for their best-in-class service, and ability to execute.

Note: Competitive compensation congruent with experience.

Lendmarq is an equal opportunity employer