Analyst, Residential Whole Loans
About The Position
SitusAMC is where the best and most passionate people come to transform our client’s businesses and their own careers. Whether you’re a real estate veteran, a passionate technologist, or looking to get your start, join us as we work together to realize opportunities for everyone, we proudly serve. At SitusAMC, we are looking to match your unique experience with one of our amazing careers, so that we can help you realize your potential and career growth within the Real Estate Industry. If you are someone who can be yourself, advocate for others, stay nimble, dream big, own every outcome, and think global but act local – come join our team! Our client is a leading global investment bank. Their residential whole loan business is looking for an Analyst who can join their team on-site in New York City. The candidate will assist with all facets of transaction management for various whole loan products, including the execution of acquisitions, sales, and securitizations in support of the whole loan trading team strategy.
Requirements
- 0-2 years relevant residential mortgage data/collateral experience at mortgage company, asset management firm, rating agency or due diligence firm
- Experience in residential loans with knowledge of basic mortgage mechanics and associated data, credit/compliance requirements, and clearing collateral discrepancies.
- Expert in Microsoft Office applications, specifically Excel.
- Strong organizational, analytical and research skills, attention to detail, ability to work under time constraints and high degree of initiative
- Solid communication skills and desire to coordinate among various internal and external parties
- Ability to be highly productive in a fast paced, transaction-oriented department and be quick to learn quickly with a strong attention to detail
Responsibilities
- Coordinate all aspects of mortgage transactions from initiation through settlement. This includes organizing closing documents, tracking collateral files, and organizing all internal functions required to close a trade. Involves working internally with the desk, legal, due diligence team, middle office and others.
- Act as the liaison between the sellers, vendors, servicers, external counsel and other third parties.
- Review, comment and prepare documentation including purchase agreements, offering memorandums, bid stipulations, securitization documentation and other internal business inquiries.
- Provide summarization reporting and tracking for pre and post-settle deal status, diligence and collateral curative activity, and contractual and regulatory milestones.
- Perform other duties as required or requested.
Benefits
- SitusAMC offers PTO and paid holidays, the terms of which are set forth in the program policies. All full time employees also are eligible to participate in various benefit plans, including medical, dental, vision, life, disability insurance and 401K; in each case in accordance with the terms of the applicable plans.
- Pay Transparency Nondiscrimination Provision
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
