Mortgage Loan Investment Analyst

Chimera Investment Corporation•Austin, TX

8h•Onsite

About The Position

Chimera Investment Corporation is a publicly traded real estate investment trust (REIT) (NYSE: CIM) that is primarily engaged in the business of investing in a diversified portfolio of mortgage assets for itself and for unrelated third parties through its third-party investment management and advisory services. The assets Chimera may invest in and manage for others include residential mortgage loans, Non-Agency RMBS, Agency RMBS, business purpose loans (BPLs) (including residential transition loans (RTLs)) and investor loans, mortgage servicing rights (MSRs) and other real estate-related assets such as Agency CMBS, junior liens and home equity lines of credit, or HELOCs, equity appreciation rights, and reverse mortgages. Palisades, which is a part of Chimera, is an alternative asset manager in the residential credit markets having managed more than $41.9 billion of loans, real estate, and fixed income securities since its 2012 inception. As of December 31, 2024, Palisades manages mortgage, real estate and fixed income assets that amount to over $22.4 billion in notional balance through a series of separate accounts and discretionary investment funds for globally recognized asset managers, private equity firms, family offices, banks, broker dealers and insurance companies. We offer individuals an exciting and challenging career in a collegial and collaborative environment. We aim to recruit and retain talented individuals who have demonstrated integrity and intellectual curiosity. We seek individuals who are willing to speak up, constantly striving to improve processes, genuinely excited to tackle complex challenges, technically proficient, transparent, collaborative, highly organized, capable of managing multiple tasks simultaneously, detail-oriented with a focus on both form and substance and driven to fulfilling their commitments. We are seeking an Investment Analyst to join our growing and dynamic team. The Analyst’s primary job responsibility will be to support the Asset Management Team in the oversight and management of residential whole loans and real estate owned properties. This role is responsible for independently managing the execution of residential mortgage loan transactions across loan acquisitions, sales, financings, and securitizations. The Analyst/Associate will oversee transactions from trade acceptance through settlement and post-closing while partnering closely with internal stakeholders, clients, counterparties, and service providers. The ideal candidate has experience executing whole loan transactions, possesses strong organizational and analytical skills, and can successfully manage multiple complex workstreams simultaneously. This position serves as a key coordinator across Capital Markets, Asset Management, Finance & Accounting, Legal, Operations, and external counterparties to ensure timely and accurate transaction execution.

Requirements

Bachelor's degree in Data Science, Computer Science, Finance, Accounting, Economics, or related field.
1–4 years of experience in residential mortgage finance, capital markets, structured credit, or securitization.
Experience managing residential whole loan transactions through closing.
Working knowledge of: Mortgage Loan Purchase Agreements (MLPAs), Interim Servicing Agreements (ISAs), Residential mortgage transaction documentation, RMBS execution process, Loan-level collateral data, Servicing transfers.
Understanding of settlement mechanics and transaction funding.
Strong Excel skills, including dynamic arrays, power query, SQL connections, etc.
Experience working with large loan-level datasets.
Strong project management and organizational skills.
Excellent communication skills with internal and external stakeholders.
Ability to manage multiple priorities in a deadline-driven environment.

Nice To Haves

SQL and Python experience preferred but not required.

Responsibilities

Independently manage residential mortgage loan transactions (acquisitions, sales, warehouse financings, and securitizations) from trade execution through settlement and post-close activities.
Develop and maintain transaction timelines, ensuring milestones and deliverables are completed on schedule.
Manage counterparty onboarding and ensure internal approvals are completed prior to execution.
Coordinate due diligence activities with third-party diligence firms, internal teams, clients, and sellers.
Track, report, analyze and cure loan due diligence findings based on compliance, credit, title, valuation, servicing data, and collateral.
Track diligence exceptions, stipulations, and issue resolution through closing.
Identify and target high-risk issues to make suitable recommendations to trading desk for re-pricing / drop adjustments for whole loan acquisitions and sales and for third parties via advisory agreements.
Prepare, validate, and distribute collateral tapes, loan data, and transaction reporting.
Coordinate settlement activities, funding schedules, collateral transfers, and post-closing reconciliations.
Coordinate execution of transaction documentation, including: Non-Disclosure Agreements (NDAs), Bid stipulations, Mortgage Loan Purchase Agreements (MLPAs), Interim Servicing Agreements (ISAs), Trade confirmations, Custodial and bailee agreements.
Support financing and securitization transactions through coordination with dealers, trustees, custodians, rating agencies, and warehouse lenders.
Partner with Finance & Accounting to support invoicing, settlement reporting, and revenue recognition.
Maintain transaction pipeline reporting and settlement forecasts.
Identify opportunities to improve transaction processes and operational efficiency.
Assist in implementation of technology initiatives and workflow enhancements.
Build strong working relationships with trading desk, clients, originators, servicers, diligence providers, and counterparties.
Mentor analysts and junior team members on transaction processes and best practices.