Carrington Holding Company, LLC · 16 hours ago
Collateral Manager
Orange, CA
Full-time
Onsite
Senior Level
$85K/yr - $95K/yr
5+ years expCarrington Holding Company, LLC is seeking a Collateral Manager to oversee the day-to-day activities of a collateral operations team. This role is critical in supporting Carrington Capital Markets and Treasury by managing collateral inventory and resolving collateral exceptions efficiently.
Financial ServicesReal Estate
Responsibilities
Lead and mentor a collateral operations team, creating an engaging and collaborative work environment that encourages creativity, teamwork, and professional growth. Promote a culture where team members feel valued and motivated to contribute their best
Monitor and manage team and individual performance to ensure compliance with agency standards and organizational goals. Conduct regular performance reviews and provide instruction, feedback, tools, and resources to enhance individual and team effectiveness
Oversee the handling of exception reports from custodians, ensuring timely resolution of issues related to missing, incorrect, or unrecorded documents, including mortgages, notes, bailee letters, and assignment chains
Collaborate directly with internal and external clients to address inquiries and resolve collateral-related issues, ensuring that client needs are consistently met
Assist in preparing for annual portfolio audits, ensuring documentation is complete and compliant. Implement corrective actions based on audit findings to strengthen processes
Work with IT and other departments to lead and/or support technology initiatives that enhance collateral operations. Provide vision, direction, and requirements on system enhancements and report generation
Oversee the preparation of collateral related documentation to meet specified review criteria standards
Supervise the preparation of collateral-related documentation to meet review criteria standards. Ensure that the team accurately addresses complex collateral issues and corrects any documentation errors
Monitor and evaluate collateral operations to ensure adherence to service standards, policies, and procedures. Proactively identify and implement process improvements to enhance operational efficiency and compliance
Partner with Capital Markets, Treasury, Secondary Marketing, and custodians to ensure clear collateral positions. Facilitate effective communication to resolve issues and streamline operations
Establish and track key performance indicators (KPIs) to assess team performance and operational effectiveness. Report regularly to senior management, highlighting achievements and areas for improvement
Ensure specific functions are carried out across the department (terminations, scanning, etc.)
Perform other duties as assigned
Qualification
Required
High school diploma or equivalent
Minimum 5+ years collateral related activities experience in the Credit, Banking, Mortgage Servicing, or related industry required
Previous supervisory experience required
Benefits
Comprehensive healthcare plans for you and your family.
Plus, a discretionary 401(k) match of 50% of the first 4% of pay contributed.
Access to several fitness, restaurant, retail (and more!) discounts through our employee portal.
Customized training programs to help you advance your career.
Employee referral bonuses so you’ll get the opportunity to work with friends (and get some extra cash in your pocket!).
Educational Reimbursement.
Carrington Charitable Foundation contributes to the community through causes that reflect the interests of Carrington Associates.
Company
Carrington Holding Company, LLC
Carrington Holding Company, LLC is a financial service provider for mortgages, asset management, real estate.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Aman Marwah, MBA
Division Chief Financial Officer
Melissa Witte
VP ESCROW ADMINISTRATION
Recent News
2025-11-04
2025-11-01
2024-04-26
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