- Collateral Analyst (US Mortgage Operations)

Key Responsibilities

1.

Collateral Package

Review &

- Validation

- - Review collateral closing packages received from various lenders.

- Verify completeness and accuracy of critical mortgage documents.

- Perform validation of loan files against investor and client requirements.

- Identify, document, and escalate missing or deficient documentation.

- Ensure collateral packages meet shipping and certification standards.

2.

Collateral

Shipping &

- Investor Delivery

- - Prepare and coordinate shipment of collateral files to investors and custodians.

- Ensure timely collateral delivery in accordance with established SLAs.

- Maintain shipment records, tracking logs, and supporting documentation.

- Monitor shipment status and resolve delivery-related issues.

- Support end-to-end collateral movement and investor delivery processes.

3.

Secondary Mortgage Market

Operations

- - Support loan sale and collateral delivery activities within the Secondary Mortgage Market.

- Review collateral requirements associated with trade settlement activities.

- Ensure loan files are delivered in accordance with investor-specific guidelines.

- Assist in resolving post-settlement collateral exceptions.

- Coordinate with internal stakeholders to support successful loan transfers.

4.

Trailing Document

Management

- - Monitor and track outstanding trailing documents.

- Review, maintain, and update exception reports related to missing documentation.

- Coordinate with lenders, custodians, and internal teams to obtain required documents.

- Ensure timely resolution of document deficiencies.

- Maintain accurate records of open and resolved exceptions.

5.

Document

Custody &

- Exception Resolution





- - Review collateral deficiencies and document exceptions.

- Investigate discrepancies and work towards timely resolution.

- Ensure compliance with document custody policies and procedures.

- Support file certification and collateral reconciliation activities.

- Maintain accurate audit trails and operational documentation.

6.

Quality

Control &

- Compliance

- - Perform quality checks on collateral files prior to shipment.

- Ensure adherence to investor guidelines, internal controls, and compliance requirements.

- Identify process gaps and operational risks.

- Support internal and external audits as required.

- Maintain high levels of accuracy and quality across all deliverables.

7.

Process

Monitoring &

- Continuous Improvement

- - Update operational trackers and workflow management systems.

- Generate and maintain process-related reports and metrics.

- Support process improvement and efficiency initiatives.

- Participate in cross-training and knowledge-sharing activities.

- Contribute to achieving team goals, quality standards, and service-level commitments.

Key Skills &

- Qualifications

- - 1-3 years of relevant experience in US Mortgage Operations, Collateral Management, Document Custody, Shipping Operations, Secondary Mortgage Market Operations, Post closing.

- Bachelor's degree in any discipline.

- Strong understanding of the US Mortgage lifecycle, particularly post-closing and collateral management processes





- Knowledge of critical mortgage documents, including:

- Promissory Note

- Mortgage / Deed of Trust

- Allonges

- Assignments

- Riders

- Modifications

- Bailee Letters

- Collateral-related legal documentation

- Knowledge of Non-QM and HELOC loan products and associated documentation requirements.

- Understanding of Secondary Mortgage Market activities, including collateral delivery, investor transfers, and trade settlement processes.

- Experience managing trailing documents, document exceptions, collateral deficiencies, and document follow-ups.

- Ability to review and validate collateral files for completeness, accuracy, and investor compliance.

- Familiarity with investor requirements, shipping procedures, and document custody controls.

- Strong analytical and problem-solving skills.

- Excellent attention to detail and commitment to quality.

- Proficiency in Microsoft Excel and Microsoft Office applications.

- Ability to manage multiple priorities while meeting strict deadlines and service-level commitments.

- Effective written and verbal communication skills.

- Robust ownership mindset, accountability, and teamwork.

Preferred Qualifications

- - Experience in Collateral Shipping, Collateral Certification, Document Custody, or Trailing Document Management.

- Exposure to Agency, Non-Agency, Non-QM, and HELOC mortgage products.

- Knowledge of investor, custodian, and secondary market documentation requirements.

- Ability to ramp up quickly in a high-volume mortgage operations environment.

Preferred Experience

1-3 years of US Mortgage Operations experience with exposure to Collateral Shipping, Document Custody, Secondary Market Operations, or Trailing Document Management.

📌 Process Analyst - Mortgage underwriting (Mysuru)
🏢 globalthoughtfocus
📍 Mysuru