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.
PRINCIPLE DUTIES AND RESPONSIBILITIES
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Builds and manages infrastructure for purchasing loans including, collateral tracking, documentation review, and servicing on-boarding.
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Manages purchases; checks documentation for funding and creates and sends funding request.
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Downloads and checks final documents.
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Tracks and manages collateral shipping.
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Downloads and standardizes pipeline files.
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Creates Selene boarding file and boarding documents, and manages weekly Selene/SPS boarding uploads.
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Manages cancellation documentation.
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Updates workflow.
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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.
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Assists in the underwriting and onboarding of new clients by managing counterparty onboarding, requesting vendor reviews, and gathering counterparty information.
- Prepares initial company overview.
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Coordinates with Banking division for account opening.
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Performs other duties as assigned.
EDUCATION AND/OR EXPERIENCE
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High School Diploma, or equivalent, required.
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1-2 years’ mortgage processing, documentation and/or operations experience, required.
KNOWLEDGE, SKILLS, AND ABILITIES
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Excellent verbal, written, and interpersonal communication skills.
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Ability to organize and prioritize work and meet strict deadlines in a fast-paced environment.
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Strong attention to detail.
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Willingness to enhance process efficiency.
