Associate, Consulting & Advisory Solutions

SitusAMC

3d•$50 - $75•Remote

About The Position

This role is responsible for delivering value-added services for SitusAMC and its Clients. This may include but not be limited to the oversight and management of operational assessments of financial industry participants, advisory engagements, litigation support, or other engagements. Working closely with SitusAMC team members and Clients, the Associate will utilize his or her residential mortgage experience in a professional capacity to oversee and perform qualitative assessments of a lender and/or servicer’s operations, compliance, accounting, legal, and IT systems. While managing the day-to-day responsibilities, the incumbent will be asked to provide support to SitusAMC consulting engagements as may be necessary, including special projects and client requests. As a mortgage professional, the candidate will make an essential contribution to our company and our clients and will work among a team of bright, committed, and inspiring individuals in an exciting, fast-paced environment.

Requirements

Bachelor in related field or equivalent combination of education and experience
Minimum of 6+ years of industry and/or relevant experience, typically with 1+ years in a Senior Associate level role or external equivalent.
Residential mortgage experience in general origination, lending, and underwriting is strongly preferred
Working knowledge of origination requirements, including a proven ability to apply these requirements to business practices and systems
Working knowledge of and familiarity with current origination laws, regulations, policies, procedures, and industry best practices
Strong origination experience for 1 or more of the following: FHA, GNMA, GSE, VA and USDA loans
Experience reviewing loan files
Leadership experience tracking, analyzing, and reporting key finds and metrics
Demonstrated ability to develop detailed corrective and preventative action plans to ensure compliance or quality performance, or to increase efficiencies
Experience conducting or overseeing compliance audits
A strong commitment to client service and satisfaction
Highly motivated, self-directed, team-oriented, and attentive to detail
The ability to work independently to complete work as per client requirements
Excellent oral and written communication skills
Excellent time management skills
Effective leadership and critical thinking skills

Responsibilities

Perform detailed review and risk assessment of residential mortgage entities, with a focus on origination and lending
Gather, track, and assimilate due diligence questionnaires, legal documentation, and financial statements as well as compliance and operational policies and procedures
Evaluate origination and lending policies and related operations
Demonstrate professionalism while conducting on-site and/or remote operational assessments of target lenders to assess business and operational risks related to operational efficiencies, compliance with regulatory and licensing requirements, organizational structure, financial stability, technology, and internal controls
Create full-length, comprehensive operational due diligence reports summarizing the identified risks, issues, or deficiencies
Facilitate communication and tracking of documentation request lists and review agenda
Maintain accurate review status in SitusAMC systems, including billable hours, as appropriate, to ensure timely completion and invoicing of completed engagements
Such other activities as may be assigned by your manager