Completes entry-level review of documents from Mortgage Warehouse Lending clients and reports on identified exceptions. Prepares document shipments. Performs quality reviews of packages prior to UPS or Fedex shipment.
Primary Responsibilities:• Complete basic data matching of documents based on agency guidelines or custodial agreements for non-agency documents for Institutional clients. Match the data on the Document Custody tracking system to original documents. The data for review is uploaded to the tracking system for reporting and tracking of file movement and storage.
• Determine if a document is an original or copy and update the tracking system accordingly.
• Follow basic review criteria according to established procedures
• Update the tracking system with exceptions found or addressed as documents are reviewed
• Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management.
• Package original notes into shipments, applying endorsements; provide quality check of packages prepared by others
• Maintain Secure vault storage for original notes