Setpoint · 20 hours ago
Collateral Review Associate (SFR)
Salt Lake City, UT
Full-time
Hybrid
Mid Level
3+ years expSetpoint is a company providing critical infrastructure for credit relationships among major banks and capital markets. They are seeking a Collateral Review Associate (SFR) to review and validate documentation for single-family and multi-family properties, ensuring accuracy and compliance while collaborating with various stakeholders.
FinTechInformation TechnologyProperty ManagementSaaSTransaction Processing
Responsibilities
Conduct reviews of and validate documentation and materials related to lending on or the purchasing of property. Documents include but are not limited to: appraisal, BPO, title, lease, HUD-1, flood cert, mortgage, note, guaranty, repair budgets, and entity documents
Update internal web applications related to the review of property-level documentation
Provide clients with reports showing the status of each deal
Perform daily operational audits for documentation requirements and data processing
Provide assistance in communication with internal and external clients with questions or concerns on collateral
Qualification
Required
3+ years' experience in title, valuations, or mortgage loan underwriting
Strong computer abilities including intermediate to advanced Excel skills, Microsoft Word, and experience with software interfaces
Ability to work extended hours based on the flow needs of the client - this includes month end, quarter end, and year end increases in volume
Knowledge of mortgage and business loans, including underwriting and documentation standards, valuation methodologies and secondary loan markets and servicing and monitoring practices
Ability to work independently, prioritize, and plan work activities while also being effective in a group setting
Ability to work in our Park City office as needed
Benefits
Competitive salaries
Stock options
Medical, dental, and vision coverage
401(k)
Short term and long term disability coverage
Flexible vacation
Company
Setpoint
Infrastructure for the future of asset-based lending. Our platform unlocks speed, efficiency and accuracy for borrowers and lenders.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
$79.5MKey Investors
645 VenturesAndreessen Horowitz
2024-08-13Series B· $31M
2022-12-07Series A· $43M
2021-07-01Seed· $5.5M
Leadership Team
Jonathan Stein
Advisor to CEO
Ben Rubenstein
Co-Founder & President
Recent News
fintechfutures
2022-12-12
2022-12-12
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