[Hiring] Associate, Collateral Management @Binomial Real Estate

Role Description

The Collateral Management team’s responsibility is supporting the Blackstone residential mortgage business by managing the collateral process which includes but is not limited to:

• Accuracy and completeness of the custodial file
• Pledging process
• Vendor oversight
• Side letter management

The Associate's role will not be limited to one area but cover all these functions under the guidance of the SVP, Collateral Management. This position will interact directly with sellers, servicers, vendors, loan servicing oversight, the Trading Desk, and 3rd party financing lenders.

• Manage custodian relationships per agreements
• Custodian/Seller pipeline and exception clearing
• Vendor oversight and Side Letter tracking
• Custodial reporting and custodial site requests
• Warehouse funding
• Pledging of loans and vendor oversight
• Working with internal teams/servicers on collateral and document related items
• Other tasks as assigned by manager

Qualifications

• Bachelor's degree
• 5+ years' experience in the Mortgage Industry/Collateral industry
• Strong working proficiency with Excel, SQL, and other relevant MS Office software
• Self-Sufficient and ability to work remote within a team environment
• Excellent oral and written communication skills
• Experience with vendor relationships

Requirements

• Motivated and experienced in the subject matter area
• Detail oriented while working within hard deadlines mandated by regulation
• Self-sufficient in a remote work environment

Benefits

• Competitive salary, overall compensation and 401(k)
• Work-life balance offerings include:
• Remote work policy
• Weekly Summer Fridays
• Generous health insurance and wellness benefits