Due Diligence Analyst

Select Portfolio Servicing Inc

Salt Lake City, UT

JOB DETAILS
SKILLS
Accounts Payable, Accounts Receivable, Analysis Skills, Billing, Cash Flow, Coaching, Communication Skills, Computer Skills, Data Quality, Detail Oriented, Due Diligence, Expense Tracking, Loan Review, Microsoft Excel, Microsoft Office, Microsoft Word, Mortgage Lending, Presentation/Verbal Skills, Progress Reports, Project Tracking, Purchasing/Procurement, Quality Control, Reconciliation, Sales, Team Player, Time Management, Writing Skills
LOCATION
Salt Lake City, UT
POSTED
30+ days ago

Due Diligence Analyst -- Loan File Review

The Due Diligence Analyst provides critical support in all areas of the department. This role is responsible for overseeing reports and functions relating to Mortgage Loan Due Diligence with an emphasis on loan file reviews, QC and reporting. Problem solving and analytical skills are a must to succeed in this role.

Responsibilities include:

  • Loan File Review

  • Notify contractors and verify availability.

  • Identify scope and set up project folders accordingly.

  • Create assignments & instructions.

  • Inventory due diligence materials.

  • Create QC & progress reports.

  • Monitor progress with regard to deadlines & daily completion requirements.

  • QC completed loan file reviews, focusing on mod & cash flow data validation.

  • Communicate feedback and coaching to contractors.

  • Respond to contractor inquiries.

  • Assist with final reporting and delivery.

  • Payables & Receivables

  • Review & enter payables into system in an accurate & timely manner.

  • Track project expenses including assigned contractor(s) and vendor(s).

  • Create project invoice worksheets and update as appropriate.

  • Create client receivable invoices in an accurate & timely manner.

  • Loan Sales

  • Coordinate the collection of all loan sale materials (loan files, pay histories and servicing comments) in a timely & efficient manner.

  • Facilitate delivery of materials to buyer's agent.

  • Facilitate curing of any gaps and/or missing documents.

Requirements:

Three or more years' experience in Mortgage Servicing with an emphasis in Default Servicing.

  • Understanding of mortgage loan documents and workout related documentation.
  • Understanding of payment application including non-cash transactions.
  • Excellent computer skills including MS Office with emphasis on Excel and Word.
  • Experience with database software and spreadsheet applications.
  • Experience with loan servicing applications (MSP/FISERV).
  • Must have an ability to facilitate projects and work well with others.
  • Must be detailed oriented and able to work independent of supervision.
  • Strong analytical and technical skills, ability to understand and reconcile data.
  • Excellent listening, written and verbal communication skills.
  • Ability to understand and communicate new processes, ability to adapt to change and respond effectively in a fast paced and deadline focused environment.

We are proud to be an EEO/AA employer M/F/D/V. We maintain a drug-free workplace and perform pre-employment substance abuse testing.

About the Company

S

Select Portfolio Servicing Inc

Who we are

Select Portfolio Servicing, Inc. (SPS) is an industry leading mortgage servicer. Founded in 1989, SPS is headquartered in Salt Lake City, Utah with an office in Jacksonville, Florida. At SPS, our on-going mission is to provide servicing solutions that exceed expectations.  To this end, we work closely with our customers to understand their unique situations and provide the right solutions for their individual circumstances.

Our Mission

To provide servicing solutions that exceed expectations.

Our Culture

Integrity

  • We work honestly and fairly with all customers, clients and co-workers.
  • We foster an open and collaborative work environment.
  • We follow all regulatory guidelines.

Intelligence

  • We do things right the first time.
  • We invest in our people through targeted and timely training.
  • We make decisions based on fact and analysis.

Intensity

  • We work hard to exceed expectations.
  • We always honor our client and customer commitments
  • We deliver superior service to every customer, every client, every day.

At SPS, we provide servicing solutions that exceed expectations. We are committed to acting with integrity, intelligence and intensity to do the right thing, the right way, the first time. For our clients, the investors and trusts who own the loans we service, this means that we are transparent about our practices and results. For our customers, the homeowners, doing the right thing means not only servicing their loans accurately and efficiently, but taking extra steps to provide assistance when needed. We work closely with each customer to understand their unique situation. Based on this information, we develop customized solutions that meet both their short and long-term needs.

COMPANY SIZE
1,500 to 1,999 employees
INDUSTRY
Banking
EMPLOYEE BENEFITS
Paid Sick Days, 401K, Flexible Spending Accounts, Tuition Reimbursement
FOUNDED
1989
WEBSITE
https://www.spservicing.com/