Collateral Associate (Capital Markets – Residential Mortgage Due Diligence)
YOU will perform due diligence tasks focused on residential mortgage collateral and support third party review processes You will coordinate with capital markets credit operations and external counterparties to ensure timely reviews and accurate reporting You will assist with whole loan sales and securitizations through closing and you will maintain organized trackers and investor reporting
Responsibilities
- Prepare loan level due diligence samples for third party review firms
- Track due diligence reviews findings and outstanding items
- Review TPR outputs and resolve loan level exceptions
- Coordinate across capital markets credit operations and external counterparties
- Support whole loan sales and securitizations through closing
- Maintain trackers exception logs and investor reporting
Requirements
- Bachelor degree in Finance Economics Business or related field
- 2 to 4 years residential mortgage due diligence experience at a bank rating agency originator TPR firm or residential credit investor
- Strong understanding of mortgage loans and collateral documentation
- Prior experience working with capital markets on loan and securitization execution a plus
- Experience with loan data tapes and exception tracking
- Strong Excel skills and attention to detail
- Ability to manage multiple transactions in a fast paced environment
- Exposure to HELOC Non QM DSCR RTL mortgage products
- Experience with whole loan or securitization diligence workflows
Benefits
- Comprehensive medical dental and vision coverage with 100 percent employer paid premiums for employees and their dependents on select plans
- Company HSA FSA Dependent Care FSA 401(k) and commuter benefits
- Employer paid life and disability insurance
- 11 observed holidays and PTO plan
- Up to 12 weeks of paid family leave
- Continuing education reimbursement