MERS and Collateral Associate

Who we are:

Cornerstone Servicing, a division of Cornerstone Capital Bank, is a best-in-class mortgage servicer with a reputation for amazing service, customer satisfaction, employee retention and happiness! We employ people who are passionately committed to Cornerstone's Mission, Vision & Core Convictions.

We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.

Who we are looking for:

Cornerstone Servicing is seeking a MERS & Collateral Associate to join our team in Englewood, CO! This position will perform various administrative tasks daily to support MERS and Collateral Loan Servicing Operations. Coordinates Transactions with Investors, Auditors and Vendors.

• Location: Onsite daily in Englewood, CO
• Compensation: $40-50k/yr

Key Responsibilities:

MERS Administration:

• Process MERS batches for incoming transfers, service releases and investor code changes
• Interface with Investors and Other Loan Servicer on MIN level inquiries * Coordinate MERS discrepancies with Operational Business Units and Vendors
• Primary contact for MERS CRMS, MERS Administration Tasks and our required MERS audits
• Work with other business units to ensure compliance with MERS regulations/rules/procedures, discrepancy resolution and other projects

Collateral:

• Order collateral files for paid in full and servicing transactions
• Process note verifications and date of possession requests
• Follow-up on outstanding collateral orders
• Receive, image, inventory, file and ship collateral files/trailing documents
• Interface with new investors and their custodians on collateral set-up Other Duties:
• Coordinate audit requests by interfacing with Auditors and Investors
• Back-up the mailroom and other duties as assigned

Knowledge, Experience, Education Required:

• High School Diploma or equivalent
• Must have high level of integrity and professionalism
• Strong ability to multitask in a metrical environment while maintaining proper attention to detail.
• Ability to prioritize a diverse workload with time-sensitive deadlines
• Minimum 2 years of experience using Microsoft Office Suite (Word, Excel, Outlook, etc.)
• Minimum 2-3 years of experience in mortgage industry working with Collateral or MERS Administration.

What we offer:

Because we recognize and reward hard work, we offer a competitive salary, a full benefits package, and the potential for a performance-based bonus.

What to do next:

If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're a part of our Cornerstone team, we'll continue to invest in you as a valuable asset to our company. As many of our team members can tell you, there's something special about working at Cornerstone.