What are the responsibilities and job description for the MERS Specialist position at MetaSource?
Description
The Mortgage Services MERS Specialist provides Tier 1 application support for clients on all Mortgage Electronic Registration Systems (MERS) compliance requirements, primarily using mintrak2 and MERS Third-Party Review Services. This role involves troubleshooting application-related issues, assisting clients with MERS reconciliation processes, and ensuring compliance with MERS regulatory requirements. The Specialist also performs MERS Annual Review services, including a detailed review of mortgage loan documents.
Responsibilities
The Mortgage Services MERS Specialist provides Tier 1 application support for clients on all Mortgage Electronic Registration Systems (MERS) compliance requirements, primarily using mintrak2 and MERS Third-Party Review Services. This role involves troubleshooting application-related issues, assisting clients with MERS reconciliation processes, and ensuring compliance with MERS regulatory requirements. The Specialist also performs MERS Annual Review services, including a detailed review of mortgage loan documents.
Responsibilities
- Provide Tier 1 support for MERS-related applications, including troubleshooting issues, assisting clients with system navigation, and escalating complex cases when necessary.
- Learn MERS requirements and become an industry expert on MERS compliance, processes, and regulations.
- Complete MERS Annual Reviews as a third-party auditor, ensuring accuracy and compliance within required timeframes.
- Collaborate with MERS members to ensure monthly data reconciliation standards are met using the mintrak2 system.
- Monitor and respond to client requests via the MERS Services email box, providing timely resolutions for application support inquiries.
- Maintain up-to-date knowledge of process and regulatory changes, as well as agency guidelines related to MERS requirements.
- Identify gaps in member processing and provide recommendations to correct deficiencies related to MERS compliance.
- Assist with onboarding and implementation of new clients, including initial application setup and troubleshooting.
- Support monthly client reporting needs, ensuring data accuracy and compliance.
- High school diploma or GED; 3 years of experience in mortgage loan processing, servicing, or application support; or an equivalent combination of education and experience.
- Strong knowledge of MERS compliance requirements.
- Previous experience in Tier 1 support, application troubleshooting, or a technology-related field preferred.
- Experience working with large data sets and performing data reconciliation.
- Ability to read and interpret documents such as company policies; ability to write reports and client correspondence.
- Previous experience working with clients/customers in a support or service role.
- Excellent communication skills across all levels of staff.
- Proficiency in Microsoft Office, with advanced knowledge of Excel and Word.