Position: Junior Collateral Analyst
Location: Parsippany, NJ
Work Model: In-Office (minimum 3 days per week, with opportunity for up to 40 hours)
Compensation: $16/hour (24–40 hours per week, temporary assignment)
Schedule: 8:00 AM–5:00 PM or 9:00 AM–6:00 PM
Overview:
Our client is hiring a Junior Collateral Analyst to support their post-closing operations team. This is a temporary opportunity ideal for someone detail-oriented who enjoys working with documents, ensuring accuracy, and supporting the loan process behind the scenes.
Responsibilities:
- Retrieve and log incoming mail and deliveries, separating funded and unfunded loans
- Review collateral documents including Notes, Endorsements, and Security Instruments for accuracy and completeness
- Identify and communicate discrepancies, and work with internal teams to resolve issues
- Prepare shipping manifests and coordinate collateral delivery to warehouse banks
- Update systems of record with accurate and timely information
- Track and follow up on missing or suspended collateral documents
- Confirm receipt of collateral with warehouse banks to support loan funding
- Assist with projects related to collateral management and post-closing operations
Qualifications:
- High school diploma or equivalent required
- Ability to read and understand regulatory and investor requirements
- Strong attention to detail and ability to identify document discrepancies
- Ability to work independently and manage multiple deadlines
- Strong communication and problem-solving skills
- Professional and adaptable communication style
Thank you for your interest!
If your background aligns with our clients needs, one of our Recruiters will reach out. Please Check your spam folder and voicemail for messages from our recruiters.
Unfortunately due to high volumes of applicants, we may not be able to respond to those who are not a fit. If you do not hear from us regarding this application, please know we do appreciate your interest and encourage you to continue to keep an eye on our website for new opportunities.