Collateral Service Specialist

Collateral Service Specialist

BCforward is currently seeking a highly motivated Collateral Service Specialist for an opportunity in Fort Worth, TX 76155!

Position Title: [Collateral Service Specialist]

Location: [Fort Worth, TX 76155]

Anticipated Start Date: [09/15/2024]

Please note this is the target date and is subject to change. BCforward will send official notice ahead of a confirmed start date.

Expected Duration: [6+ months POTENTIAL FOR CONVERSION OR CONVERSON]

Job Type: [ON-SITE]

Pay Range: [19.00] - [20.00]

Please note that actual compensation may vary within this range due to factors such as location, experience, and job responsibilities, and does not encompass additional non-standard compensation (e.g., benefits, paid time off, per diem, etc.).

Description:

This position will report to the Collateral Manager - Mortgage Finance. This position requires excellent organization skills and must be able to perform physical activities in a vaulted area. Manages documentation and processing of collateral for a moderate to complex portfolio of loans and/or performs moderate to complex functions within a sub-unit, while meeting expectations of the Bank and internal and external customers. The Collateral Service Specialist will be responsible for the daily management and reconciliation of custodial reporting of Mortgage Finance clients. They will be responsible for identifying, researching and resolving routine discrepancies in their daily work activities as well as performing weekly audits. All customer requests received within established cut-off times must be processed on same business day. There is no backlog. **Must be capable of lifting up to 35lbs.**

Non-exempt positionThe responsibilities, time spent and qualifications required are below:

Essential Functions:

• Log in the receipt of, perform audit, manage inventory and process shipment of collateral files for loans funded on our warehouse lines by our customers - 50% of time
• Researching and responding to Loan Status Requests, Verification of Mortgages and other requests from outside companies and departments within the Bank.- 30% of time
• Update for clients on J.P. Morgan systems the status of each collateral file, and maintain related records - 5% of time
• Prepare or assist in preparing any necessary documents - 5% of time
• Coordinate the receipt and transfer of assets with various internal and external parties - 5% of time
• Responding to standard inquiries from bankers or external customers about loans - 5% of time

Technical/Functional Competencies:

• Excellent interpersonal skills
• Detailed oriented
• Ability to prioritize tasks
• Superior customer service skills
• Analytical skills
• Adaptable and dependable
• Ability to multitask
• Ability to work in high stress, fast pace environment
• Ability to work with minimum supervision
• Results oriented in a deadline driven work environment
• Ability to work overtime if needed

• Technology basic skills

Education:

• High School Diploma or GED - Required
• Associates or Bachelor's Degree - Preferred

Experience:

• 1 to 3 years related experience preferred
• Knowledge of mortgage collateral
• Knowledge of collateral tracking systems
• Knowledge of operational/administrative functions/techniques associated with loan data research, input and document interpretation

Benefits:

BCforward offers all eligible employees a comprehensive benefits package including, but not limited to major medical, HSA, dental, vision, employer-provided group life, voluntary life insurance, short-term disability, long-term disability, and 401k.

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About BCforward:

Founded in 1998 on the idea that industry leaders needed a professional service, and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN with an Offshore Development Center in Hyderabad, India, BCforward's 6,000 consultants support more than 225 clients globally.

BCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class place to work.

BCforward is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability.

To learn more about how BCforward collects and uses personal information as part of the recruiting process, view our Privacy Notice and CCPA Addendum. As part of the recruitment process, we may ask for you to disclose and provide us with various categories of personal information, including identifiers, professional information, commercial information, education information, and other related information. BCforward will only use this information to complete the recruitment process.

This posting is not an offer of employment. All applicants applying for positions in the United States must be legally authorized to work in the United States. The submission of intentionally false or fraudulent information in response to this posting may render the applicant ineligible for the position. Any subsequent offer of employment will be considered employment at-will regardless of the anticipated assignment duration.

Interested candidates please send resume in Word format Please reference job code 228410 when responding to this ad.

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