Collateral Manager

Title: Collateral Manager
Location: Anaheim, CA
Compensation: $85,000-$95,000 annual salary
Duration: Permanent Direct Hire
Work Requirement: US Citizen, GC Holder, or Authorized to work in the U.S.
Responsible for overseeing the day-to-day activities of a collateral operations team, ensuring the efficient management of assets being certified, re-certified, and/or bought out of agency securitizations. This role is critical in supporting Capital Markets and Treasury in timely and effectively managing collateral inventory and clearing collateral exceptions. Perform all duties in accordance with the company's policies and procedures, all US state and federal laws and regulations, wherein the company operates.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Lead and mentor a collateral operations team, creating an engaging and collaborative work environment that encourages creativity, teamwork, and professional growth. Promote a culture where team members feel valued and motivated to contribute their best.
• Monitor and manage team and individual performance to ensure compliance with agency standards and organizational goals. Conduct regular performance reviews and provide instruction, feedback, tools, and resources to enhance individual and team effectiveness.
• Oversee the handling of exception reports from custodians, ensuring timely resolution of issues related to missing, incorrect, or unrecorded documents, including mortgages, notes, bailee letters, and assignment chains.
• Collaborate directly with internal and external clients to address inquiries and resolve collateral-related issues, ensuring that client needs are consistently met.
• Assist in preparing for annual portfolio audits, ensuring documentation is complete and compliant. Implement corrective actions based on audit findings to strengthen processes.
• Work with IT and other departments to lead and/or support technology initiatives that enhance collateral operations. Provide vision, direction, and requirements on system enhancements and report generation.
• Oversee the preparation of collateral related documentation to meet specified review criteria standards.
• Supervise the preparation of collateral-related documentation to meet review criteria standards. Ensure that the team accurately addresses complex collateral issues and corrects any documentation errors.
• Monitor and evaluate collateral operations to ensure adherence to service standards, policies, and procedures. Proactively identify and implement process improvements to enhance operational efficiency and compliance.
• Partner with Capital Markets, Treasury, Secondary Marketing, and custodians to ensure clear collateral positions. Facilitate effective communication to resolve issues and streamline operations.
• Establish and track key performance indicators (KPIs) to assess team performance and operational effectiveness. Report regularly to senior management, highlighting achievements and areas for improvement.
• Ensure specific functions are carried out across the department (terminations, scanning, etc.)
• Perform other duties as assigned.

ESSENTIAL KNOWLEDGE, SKILLS, ABILITIES, AND COMPETENCIES:

• Must have knowledge and experience of the intricacies of collateral files and clearing of collateral files.
• Experience and knowledge of GNMA certification and recertification processes.
• Strong time management and multitasking skills.
• Required to utilize the following programs: Fiserv, Nautilus, Tempo, County Websites, and others.
• Must have organizational skills, promptness, inquisitiveness, and analytical decision-making skills.
• Ability to lead a team, fostering a fun, dynamic, accountability driven and team focused culture.
• Basic knowledge of loan pool securitizations and financing criteria.
• Effective organization, communication, and interpersonal skills.

About INSPYR Solutions
Technology is our focus and quality is our commitment. As a national expert in delivering flexible technology and talent solutions, we strategically align industry and technical expertise with our clients' business objectives and cultural needs. Our solutions are tailored to each client and include a wide variety of professional services, project, and talent solutions. By always striving for excellence and focusing on the human aspect of our business, we work seamlessly with our talent and clients to match the right solutions to the right opportunities. Learn more about us at inspyrsolutions.com.

INSPYR Solutions provides Equal Employment Opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, INSPYR Solutions complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. Our benefits package includes:

• Comprehensive medical benefits
• Competitive pay
• 401(k) retirement plan
• ...and much more!

About INSPYR Solutions
Technology is our focus and quality is our commitment. As a national expert in delivering flexible technology and talent solutions, we strategically align industry and technical expertise with our clients' business objectives and cultural needs. Our solutions are tailored to each client and include a wide variety of professional services, project, and talent solutions. By always striving for excellence and focusing on the human aspect of our business, we work seamlessly with our talent and clients to match the right solutions to the right opportunities. Learn more about us at inspyrsolutions.com.
 INSPYR Solutions provides Equal Employment Opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, INSPYR Solutions complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.