This position is responsible for performing all Mortgage Electronic Registration System (MERS) related functions to ensure the accuracy of MERS system records for reporting and auditing purposes. The position will also assist with daily functions to support the Collateral Servicing Team.
Ensure all loans boarded to the servicing system match the data in the MERS System.
Downloads, reviews and maintains all reporting provided by the MERS System.
Perform monthly reconciliation of MERS loans.
Perform MIN and loan level research for any MERS related issues.
Research, identify and resolve exceptions.
Perform daily maintenance of data using various online platforms and software in order to create and manipulate spreadsheets.
Submit batch and flat file updates to MERS.
Assist and coordinate MERS System and 3rd Party Audits.
Review and reconcile MERS invoice and billing process.
Verify applicable documents such as Mortgages, Lien Releases and Assignments of Mortgages are drafted, signed and recorded according to MERS System Standards.
Review collateral documentation for residential loans including the Note, Mortgage, Modifications, Title Policy, and Assignment/Endorsement chains; identify deficiencies and conduct appropriate exception cures as relates to MERS System Requirements.
Process daily tasks to request the Collateral File from document custodians, clients, or attorneys
Prepare Bailee Letters and Collateral Request Forms
Assist with additional projects or tasks as needed within the Loan Administration Department.
Maintains a responsible, courteous and professional relationship with clients, investors and vendors.
Maintain professional and technical knowledge by attending educational workshops or classes; reviewing professional publications; establishing personal networks.
Completes internal training and development to meet all RPMS compliance requirements.
Incumbent will be responsible for meeting RoundPoint’s commitment to compliance.
Minimum 2+ Years MERS related experience
Knowledge of Mortgage Electronic Registration Systems, Inc. (MERS) Rules and Regulations
Knowledge of residential loan collateral documentation
Knowledge of basic computer software programs to include Windows, Microsoft Word and Excel including VLOOKUP, Internet and Microsoft Outlook.
Requires an extreme attention to detail and ability to adhere to strict guidelines and procedures.
Must be able to work under pressure and meet deadlines, while maintaining a positive attitude and providing exemplary internal and external customer service.
Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines, and standard accepted practices.
Excellent written and oral communication skills
Bachelor’s Degree preferred
Black Knight Mortgage Servicing Platform (MSP/LPS) experience preferred
RoundPoint’s Employee Value Proposition:
Grow. Make a difference. Have fun along the way.
Our mission is to serve our homeowners and all of their homeownership needs. We do this by embracing challenges, executing with excellence, and fostering a positive work culture that encourages personal and professional growth. We are on the fast track to becoming the premier marketplace for all things home, and the National Mortgage News and Best Companies Group just named us one of 2019's Best Mortgage Companies to Work For! Without a doubt, RoundPointers are what make this company a great place to work! That’s why we hire individuals who share our core values: Energy, Ethics, Execution, Everyone, and Earn it!
As a RoundPointer, we will empower you to innovate, provide meaningful solutions, set goals and crush them, play hard, and give back to the community! Our secret sauce is our mantra, All In. All Win. Together, we can achieve great things!
Physical Demands & Working Conditions
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job:
The employee is regularly required to talk or hear.
The employee is required to sit for extended periods of time and is occasionally required to stand and walk.
The employee must regularly use hands to finger, handle, or feel objects and is regularly required to reach with hands and arms; the employee may occasionally climb or balance, and stoop, kneel, crouch, or crawl.
The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.
Specific vision abilities required by this job include close vision, distance vision, color vision, and ability to adjust focus.
The noise level in the work environment is usually quiet to moderate, and no extreme conditions are present.