Senior Analyst, Collateral

Are you up to the challenge of working directly with the Executive leadership of a US NASDAQ company on developing and organizing the financial strategy for different lines of business? If yes, keep reading!

At Altisource (NASDAQ: ASPS) we build world-class technologies and services for the mortgage and real estate industry and are well poised to help revolutionize how homes are bought, sold, and managed. In the US, we partner with 7 out of the top 10 mortgage servicers, operate one of the top three real estate auction websites, and manage a cooperative which represents a 15%+ market share of the $1.8tn US Originations market.

Our Innovation Starts with YOU!

Altisource’s Vision to drive innovation that powers the mortgage and real estate lifecycle is made possible by an inclusive culture that celebrates the diverse voices of our employees. We believe that diversity in gender, age, religion, ethnicity, sexual orientation, identity, physical ability, neurodiversity, socioeconomic background, and experience, fosters creativity, challenges groupthink, and makes our Company stronger. At Altisource, anyone can prosper and have a positive impact on our path toward success, irrespective of their background.

We are committed to fair and impartial hiring, training, and growth opportunities. We also provide employee training to help foster their ability to work with one another in an inclusive manner. Altisource is an Equal Opportunity Employer, and our employment decisions are based on merit, qualifications, and business needs.

Job Description

Must have minimum 1 year experience in core US mortgage residential underwriting (UK, Australia, NZ, other countries. need not apply)

Responsibilities

Maintain a working knowledge of US Mortgage Originations closing procedures, federal and state lending laws.; Interpret investor guidelines FNMA, FHLMC, FHA, VA and USDA and apply them to specific loans.; Review all property documents (appraisal, purchase agreement, title, insurance, etc.) for accuracy and completeness.; Ensure that the property is structurally sound, meets agency guidelines & client overlays and determine the soundness and accuracy of the property appraisal report.; Review the title & insurance documents to ensure sufficient coverage and all encumbrances, clauses on title have been adequately addressed.; Audit the property documents from a salability standpoint daily and note any exceptions. Assess risk and review for Frauds and Red Flags.

Requirements

Qualifications; • Bachelor's degree; • A strong knowledge of mortgage loan documents.