CIT Group Inc.

  • Mortgage Servicing Oversight Associate

    Location US-CA-Pasadena
    Job ID
    32320
    # Positions
    1
    Job Family
    Operations - Operations Analysis
    Type
    Full-Time
  • Overview

    CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). The company's commercial banking segment includes commercial financing, community association banking, middle market banking, equipment and vendor financing, factoring, railcar financing, treasury and payments services, and capital markets and asset management. CIT's consumer banking segment includes a national direct bank and regional branch network. Discover more at cit.com/about.

    Responsibilities

    As a Mortgage Servicing Oversight Associate you will be primarily responsible for a variety of items related to support for Loan Sale Portfolio Management.

     

    Key responsibilities include:

     

    • Review and respond to sale due diligence requests (Collateral, Title, Compliance, Modifications, Servicing, etc)
    • Reconciliation of loan sale pipeline/pricing
    • Maintain working knowledge of all aspects of loan sale requirements including service transferring and assignments of mortgage
    • Develop and maintain policies and procedures for Loan Sale Management
    • General administration of day-to-day activities to support business unit needs
    • Manage and track legal document intake.  Review legal correspondence for accuracy and related activities as required.

    Qualifications

    Knowledge of forward mortgage servicing. Knowledge of real estate documents including Note, Mortgage/Deed of Trust, Riders, PMI and Flood certificates, Closing Disclosures and title reports. Capable of reviewing information from multiple systems/reports and making independent decisions with regard to Loan Sale due diligence requests. Experience in pipline management. Ability to build and maintain strong relationships with both internal and external customers.

     

    • Ability to adapt quickly to change and to manage multiple priorities, while producing accurate work product, under time constraints.
    • Strong Microsoft Office skills (Word, Excel, PowerPoint, Visio a plus)
    • Strong analytical/organizational skills and attention to detail.
    • Strong verbal and written communication skills.
    • 4+ years mortgage servicing experience with a minimum of 2 years relevant business experience preferred
    • Paralegal experience highly preferred

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